Board approves Measure M CPI increase and parcel‑tax allocation for 2026–27

The Palos Verdes Peninsula Unified board on May 28 approved two Measure M items recommended by the citizens oversight committee: (1) a CPI adjustment using the Los Angeles‑area CPI (Los Angeles‑Long Beach‑Anaheim) to increase the parcel tax by 2.9% for the 2026–27 budget year; and (2) a proposed parcel‑tax allocation plan that maintains an 85%/15% split between class‑size retention and program/support funding.

David Offenberg, chair of the Measure M oversight committee, explained the committee’s deliberations and said that after previous discussion the committee recommended the CPI method and the allocation plan. Offenberg said the committee was comfortable recommending the CPI increase and that the parcel‑tax allocation discussion focused on how much of the 15% should support goods vs. wages.

Board members moved and approved both recommendations by voice vote. The motion to adopt the consumer‑price‑index adjustment passed, and later the board voted to adopt the allocation plan. Board members thanked committee members for their deliberations and noted the recommendation had been carefully considered.

The approved allocation plan also recognized $201,000 in prior‑year carryover tied to a landslide disaster relief claim period that has now closed, which the district budgeted to spend. The board’s approval allows staff to incorporate the CPI adjustment and allocation into the 2026–27 budget planning cycle.