ABSTRACT
Proposition 13 apparently has achieved two of its objectives-reduction of property taxes and liquidation of state surpluses —but to date it has had only a minimal effect upon the growth of public expenditures. In its first year, it required only a 2.8-percent reduction in the average level of public services; in the near future, barring a major recession, it may have little effect unless the State withholds the relief it can afford and which it seems already committed to provide.
