Property tax rolls up, counties to see revenue jump

From the SF Chronicle:

Property tax assessments are roaring back this year in the wake of the real estate market's strong turnaround. Every Bay Area county is reporting strong growth in their assessed rolls, meaning more cash in their coffers come tax time.

For many homeowners, this will mean higher taxes - not just the 2 percent increase allowed under Proposition 13, but potentially even more if they got a big tax cut during the real estate downturn

Read More

Do you like this post?

Paid for by Carmen Chu for Assessor 2014
381 Bush Street, Suite 300
San Francisco, CA 94104
(415) 692-3556

Sign in with Facebook, Twitter or email.
Created with NationBuilder