Property Tax Revenue Increasing As Counties’ Assessed Values Grow
Property tax revenue is set to increase throughout the state as county assessors report significant increases in the assessed values of properties.
Property tax revenue is set to increase throughout the state as county assessors report significant increases in the assessed values of properties.
The California Department of Tax and Fee Administration “will not issue, use, enforce, or attempt to enforce” recently published amendments to Audit Manual Sections 4 and 13 — challenged by former state lawmaker Dean Andal as an underground regulation – “unless or until the amendments are adopted pursuant to the Administrative Procedure Act (APA) or an appropriate APA exemption has been identified,” CDTFA Director Nicolas Maduros said June 19.
“San Diego officials are pushing for the installation of a new streetlight surveillance system, but the old one is still putting pressure on city coffers,” the Voice of San Diego reported June 14.
The Assembly and Senate approved a $311.7 billion budget bill June 15 with no broad-based tax increases, but legislative leaders indicated that changes will be made to the plan after negotiations with Governor Gavin Newsom conclude and when more accurate revenue projections are available after October tax payments are received.
A corporate tax increase is opposed by a slim majority of Californians, according to a Public Policy Institute of California poll released June 5.