Governor Jerry Brown has submitted "The Schools and Local Public Safety Protection Act of 2012" and if brought to the November ballot in its current form, revenue gained from tax increases would be redirected to local state government at the county level for use by the 2011 Realignment programs, local school districts, and California Community Colleges.
From the initiative:
"Over the past 4 years alone, California has had to cut more than $56 billion from education...These funding cuts have forced teacher layoffs and increased school class sizes…To ensure these funds go where the voters intend, they are put in special accounts that the Legislature cannot touch. None of these new revenues can be spent on state bureaucracy or administrative costs...This measure guarantees that the new revenues it raises will be sent directly to school districts for classroom expenses, not administrative costs. This school funding cannot be suspended or withheld no matter what happens with the state budget..[the act] raises the income tax on those at the highest end of the income scale…it also temporarily restores some sales taxes in effect last year, while keeping the overall sales tax rate lower than it was in early 2011.”
To learn more visit http://protectschoolsandpublicsafety.org/
and read the act yourself by clicking the attached PDF.