Background: In November of 2016 Stanford University submitted an application to Santa Clara County for an updated land use permit, known as a General Use Permit (GUP). This application seeks approval for the next increment of campus development, including additional academic space and housing development planned through 2035.
As a Community Funded (“Basic Aid”) school district, PAUSD relies on local property taxes for a large majority of its operating funds, and receives very limited per pupil funding from the State. Under California tax law, rental housing for Stanford affiliates is eligible for property tax exemption, and, even if on the tax rolls, carries a below market value assessment, currently resulting in property tax revenue to PAUSD that covers less than 10% of the average cost per pupil. Based on the County planning staff’s projections the proposed additional housing is expected generate between 275 and 1,445 additional students for PAUSD.