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Property Assessment

CALIFORNIA | LOCAL
January 14, 2003 | From a Times Staff Writer
Commuter rail systems, such as Orange County's proposed CenterLine project, can boost the property value of commercial buildings, apartments and condominiums, but less so for single-family houses, a new study shows. The Cal State Fullerton report, funded by the Orange County Transportation Authority, found that commercial property values around the United States increased by more than 30% in areas that have convenient access to light-rail systems.
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CALIFORNIA | LOCAL
July 10, 2001 | From Times Staff Reports
Orange County officials are encouraging residents who intend to challenge the assessed value of their property to visit a new Web page. An interactive program that helps those filing such a challenge is available at http://www.oc.ca.gov/cob/ through this year's assessment filing period, which ends Sept. 17. The program offers step-by-step instructions and will warn the user of any errors once the form is filled in.
CALIFORNIA | LOCAL
December 6, 2000 | Deniene Husted, (714) 520-2508
The city is worth more today than it was last year, according to an annual financial report prepared by staff and presented this week to the City Council. Revenue is up by $17.4 million or nearly 30% from fiscal year 1998-99, and the city's assessed value rose to $5.4-billion--up 8.4% from that same period. The report credited those gains to a strong economy and recent commercial and residential development within the city.
CALIFORNIA | LOCAL
September 27, 2000 | PATRICK McGREEVY, TIMES STAFF WRITER
The city ordered an inventory Tuesday of its vast and scattered art collection, an accounting that would assist a study looking into dividing city assets as part of the San Fernando Valley and Harbor secession proposals. The Los Angeles City Council directed the Cultural Affairs Department to report on the contents and condition of the art collection in 60 days, and to develop a plan for conducting a more detailed appraisal of the more than 2,000 works of art.
CALIFORNIA | LOCAL
September 27, 2000 | PATRICK McGREEVY, TIMES STAFF WRITER
The city of Los Angeles ordered an inventory Tuesday of its vast and scattered art collection, an accounting that would assist a study looking into dividing city assets as part of the San Fernando Valley and Harbor secession proposals. The City Council directed the Cultural Affairs Department to report on the contents and condition of the art collection in 60 days and to develop a plan for conducting a more detailed appraisal of the more than 2,000 works of art.
CALIFORNIA | LOCAL
August 29, 2000 | ANDRE BRISCOE, SPECIAL TO THE TIMES
The fate of the city's new police station will wind up in the hands of voters if the City Council calls for a special election. The council, at a hearing Sept. 26, will decide whether a special election is necessary. The election would give Buena Park residents the chance to decide whether they want to pay for construction of the proposed facility, which would be adjacent to the existing police station.
CALIFORNIA | LOCAL
August 10, 2000 | STEPHANIE STASSEL, TIMES STAFF WRITER
A county tax assessor's report ranking the "Highest Valued Cities" has Valley-area officials beaming about their communities, as they cite all the good things--from parks to low crime rates--they attribute to high property values. Glendale ranks fourth among Los Angeles County incorporated cities having the highest assessed value of residential and commercial property, a position that city has held for several years. The assessed value of Glendale property stands at $12.87 billion, up 5.
REAL ESTATE
August 6, 2000 | DIANE WEDNER, TIMES STAFF WRITER
Southern California's robust real estate market and strong economy have propelled Los Angeles County property assessments to record heights this year, county officials announced last week. The Los Angeles County Assessor's Office reported a net total of $569 billion, a $37-billion or 6.7% gain, over last year in the county's total assessed property values. Single-family homes accounted for 57% of the increase.
CALIFORNIA | LOCAL
July 15, 2000 | HECTOR BECERRA, TIMES STAFF WRITER
In another sign of Orange County's strong real estate market, the dollar value of residential and business property rose nearly 10% over the last year--the biggest jump in a decade. The rising value comes despite the fact that new construction during this period has remained relatively low. It's the fifth year in a row that real estate values have risen in Orange County after being battered during the recession of the early 1990s.
CALIFORNIA | LOCAL
June 27, 2000 | MATT SURMAN and MARGARET TALEV, TIMES STAFF WRITERS
Millions of dollars from state lawmakers, leftover money in the county treasury and higher property assessments mean public safety and mental health programs won't have to be cut as much as expected in the coming year, according to a revised $1.06-billion budget the Board of Supervisors will consider today. In his new revision, interim Chief Administrative Officer Harry Hufford said he needs to cut only $7.9 million in spending instead of the $12.4 million he proposed two weeks ago.
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