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Property Assessment

CALIFORNIA | LOCAL
August 12, 2004 | Regine Labossiere, Times Staff Writer
Stepping up its battle against West Nile, the Los Angeles City Council on Wednesday unanimously approved new rules that would allow officials to issue fines of up to $1,000 a day on residents who don't remove dirty standing water from their property. The rules, among the first of their kind in the state, would allow local vector control officials to enter private property with recorded mosquito problems and clean stagnant water if the owners won't do it themselves.
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CALIFORNIA | LOCAL
July 29, 2004 | Sue Fox, Times Staff Writer
Los Angeles County's red-hot housing market drove property assessments to a record high this year, notching a $55.3-billion increase over 2003, the county assessor's office reported Wednesday. The factors fueling the increase -- a brisk seller's market, low interest rates, a scarcity of land available for development and stiff competition among buyers for starter homes -- are familiar to anyone shopping for a house. Property assessments reached $781 billion as of Jan. 1, a 7.
CALIFORNIA | LOCAL
July 22, 2004 | Stuart Pfeifer, Times Staff Writer
The California Supreme Court spared state and local governments a potentially devastating blow Wednesday when it upheld the method that Orange and many other counties use to assess property taxes. The court declined to review an appeals court's decision that found Orange County did not violate Proposition 13 when it retroactively raised taxes to make up for down years in the real estate market.
CALIFORNIA | LOCAL
July 17, 2004 | David Haldane, Times Staff Writer
The assessed value of Orange County property totals about $308.6 billion, up 8.7% over last year, officials said Friday. The added $24.7 billion in value, they said, represents the largest increase in 28 years. The report, from the office of Orange County Assessor Webster J. Guillory, also found that Irvine remains the city with the highest total property value, assessed at $29.6 billion -- a 10.9% increase over last year. Anaheim, meanwhile, dropped to No. 3 with total assessments of $26.
CALIFORNIA | LOCAL
January 29, 2004 | David Reyes, Times Staff Writer
Agenda item No. 21 before the assessment appeals board Wednesday had John M. Watson's name and a small notation that his property was secured. There was nothing to explain the irony that it was Watson, aka Orange County Superior Court Judge John Watson, who declared the county's property assessment method unconstitutional under Proposition 13. But Watson's visit before the board was personal.
CALIFORNIA | LOCAL
January 8, 2004 | Jean O. Pasco, Times Staff Writer
Orange County officials and tax activists squared off before a state appellate panel Wednesday in a battle over a commonly used method for assessing property values in California -- a case that could lead to an estimated $10 billion in tax refunds statewide. A three-judge panel listened to more than 90 minutes of arguments before taking the matter under submission. The court must issue a ruling within 60 days.
BUSINESS
December 29, 2003 | Michael Hiltzik
One thing on which most Californians can probably agree is that there isn't much give remaining in the state's system of public revenues. The sales tax rate in some counties approaches the level of a church tithe, our top income tax rate of 9.3% supposedly forces all our wealthy businesspersons to flee to Idaho, and people who question our property tax structure are hustled into the village square and clapped in the stocks. Don't even talk to me about the car tax. So it will be interesting to see how our leaders in Sacramento respond if an Orange County appeals court decides to hack $10 billion more out of the budgets of counties, cities and school districts.
CALIFORNIA | LOCAL
October 16, 2003 | Lynne Barnes, Times Staff Writer
Tax bills totaling more than $805 million have been mailed to property owners, Ventura County Treasurer-Tax Collector Lawrence L. Matheney said this week. While the bills might be unpleasant for individual homeowners, the numbers are good news for the county as a whole, said Matheney, terming it "the one bright spot" in the state budget crisis. "Unfortunately, it's a little bit like a Band-Aid over a gushing wound, but at least we've got a Band-Aid," he said.
CALIFORNIA | LOCAL
October 2, 2003 | Jean O. Pasco, Times Staff Writer
The Orange County judge who two years ago ruled that a property tax assessment practice used throughout California violated the state Constitution is appealing his own tax bill on a La Habra condominium. Superior Court Judge John M. Watson wants to know why his property's estimated market value rose 41% in one year, resulting in an 18.6% increase in his bill. A hearing before an assessment appeals board has been scheduled for Jan. 28.
CALIFORNIA | LOCAL
September 25, 2003 | Jean O. Pasco, Times Staff Writer
The state and counties throughout California will owe as much as $10 billion to property owners if an appeals court in December upholds a controversial 2-year-old ruling on the intent of Proposition 13, according to court papers filed this week. It is the first time state officials have put a price tag on the potential statewide cost of a December 2001 ruling by Orange County Superior Court Judge John M. Watson.
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