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Assessed Values Increase 5.91 Percent in Los Angeles County, and Other Counties Report Even Larger Increases

The assessed value of property in Los Angeles County increased 5.91 percent from 2022 to 2023, resulting in an increase of revenue for schools and local government, Los Angeles County Assessor Jeffrey Prang reported July 27. This is the 13th consecutive year of growth in the cumulative assessed value of property in the county, Prang said.

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