California

 A man facing felony charges in the L.A. County Assessor's Office corruption scandal claims in court that investigators lacked probable cause to arrest him, and that he "played no role whatsoever" in the fraud. Read More

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The California Legislature ended the 2014 legislative session after midnight on Friday, August 28.  NAIOP SoCal and our political advocate, the California Business Properties Association (CBPA), worked furiously during the final week meeting with legislators to press our case against a number of bills that challenged the interests of the commercial real estate industry.  Read More

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roposition 8, which allows homeowners to ask for a decrease in their property taxes when their house decreases in value, may wind up raising property taxes this year as house values are rebounding, Capital Public Radio reports.  Read More

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One in six Orange County property owners will see their taxes rise this year by more than Prop. 13’s 2-percent limit. In Los Angeles County, one out of every eight property owners will pay more.  Read More

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Rich Benson, Marin’s Assessor-Recorder-County Clerk, didn’t fare well in a recent survey of county employees, commissioned by the Board of Supervisors. Benson was asked what he’s doing to lift morale in the department and restore confidence in management. Read More

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Orange County Assessor Webster Guillory faces charges of filing false nomination papers in his re-election bid in the March primary election. Read More

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In his recent piece for The Sacramento Bee, “State’s job growth defies predictions after tax increases,” David Cay Johnston argues that California’s recent job creation numbers prove recent tax increases embodied in Proposition 30 aren’t killing jobs or slowing economic growth. Read More

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County assessors across California believe that the property located in their counties is worth substantially more this year than it was last year. Each assessor is required to prepare an annual assessment roll consisting of all taxable property in their county. In many counties, roll values increased substantially:  Alameda (↑6.47%), Contra Costa (↑9.09%), Los Angeles (↑5.05% est.), Orange (↑6.42%), Riverside (↑7.7%), San Diego (↑6.02%), San Francisco (↑5.9%), San Mateo (↑5.61%), and Santa Clara (↑6.8%). This is in spite of Proposition 13 protections and reflects, in part, a return to base year values after reductions given after the 2008 market collapse. Read More

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