The parcel tax, if approved, would cost property owners in the college district up to $69 per parcel annually for six years and raise about $42 million total, according to Becky Bartindale, a spokeswoman for the district.
In order to pass, Measure E must receive two-thirds of the vote.
Both Foothill and De Anza colleges have seen more than $20 million in cuts over the past two years, Bartindale said, and courses, faculty and staff have all be cut as a result.
Bruce Swenson, president of the college district's board of trustees, is hopeful that the measure will get the votes as it will help the cash-strapped district serve more students at a time and in an economy when he says higher education is especially important.
"It will be of significant help to the district," Swenson said. "It will help maintain core academic classes in science, math and writing, and also continue job training for health care professionals, such as nurses and paramedics, and prepare students for transfer."
The Foothill-De Anza Community College District covers the cities of Mountain View, Palo Alto, Los Altos, Los Altos Hills, Cupertino and Sunnyvale.