The California Democratic Party officially endorsed Gov. Jerry Brown’s tax initiative on Sunday.
The party voted to endorse Proposition 30 at a meeting in Anaheim, Calif. The proposition, which is on the November statewide election ballot, would increase income tax on high earners and would enact a quarter percent increase in state sales tax, which would generate about $8.5 billion in revenues and help fund state public higher education.
If the proposition does not pass, the UC will face an overall budget shortfall of $375.4 million and create need for a 20.3 percent mid-year tuition increase, according to a July 2012 UC Board of Regents meeting agenda item.
The party board then proceeded to vote against Proposition 38, which would increase income taxes for most Californians, sending most of the revenue to schools and early childhood development programs.
Currently, the party supports Propositions 30, 34, 35, 36, 37 and 40. It opposes Propositions 31, 32, 33 and 38 and remains neutral on Proposition 39.