Our new Fiscal Outlook projects that school property taxes will be notably higher than assumed in the 2017-18 Budget Act.
A coming surge in home sales by aging homeowners should boost local government property tax collections. These gains, however, are likely to be offset by an increase in the transfer of homes from parents to children which, unlike most home sales, does not trigger higher tax payments.
We examine reasons behind lower-than-expected growth in assessed property values.
We provide additional data on trends in California's property taxes since the passage of Proposition 13 in 1978.
In the mid-1990s, the state allowed Santa Cruz County enterprise districts' property tax revenue to be redirected to a supplemental fund supporting county libraries.
We explore how the property tax allocation decisions from the mid-1970s affect funding for local airport services even now in the Lake Tahoe region.
This post explores some of the consequences of basing today's local government property tax shares on choices made in the 1970s.
Our review of the best available evidence suggests that property tax collections in 2015-16 and 2016-17 will be higher than the administration assumes.
Why is it that one of the primary factors determining property tax revenues for California local governments is how much that government received in the mid-1970s?
This post, the fourth in our property tax series, discusses the primary factors affecting a city government's proportion of the total property taxes collected within its boundaries.
We examine the revenue from California's 1 percent property tax that is available for a subset of local governments.
We discuss the distribution of property taxes to the various types of California local governments.