THE LAS LOMITAS EDUCATION FOUNDATION RAISES FUNDS TO COMPENSATE FOR THE DIFFERENCE BETWEEN THE FUNDING FROM PROPERTY TAXES AND OTHER SOURCES AND THE FULL COST OF A HIGH-QUALITY EDUCATION. THE LAS LOMITAS SCHOOL DISTRICT IS ONE OF THE HIGHEST PERFORMING DISTRICTS IN THE STATE, AND THE RESIDENTS OF THE DISTRICT RELY ON THE DISTRICT FOR PROVIDING HIGH QUALITY EDUCATION FOR THEIR CHILDREN. THE PROPERTY TAX BASE ONLY COVERS ROUGHLY THREE-FOURTHS OF THE COST OF THE CURRENT PROVISION OF EDUCATION AT THE DISTRICT, SO THE LAS LOMITAS EDUCATION FOUNDATION IS A KEY SOURCE OF FUNDING FOR THE DISTRICT TO CONTINUE ITS WORK AT ITS CURRENT LEVEL.