128,000 homeowners in the South Bay will soon see increases on future property tax bills.
Would Marin County residents support a hike in property or sales taxes in order to fund a broad array of support programs for kids of all ages in the county?
On Monday over 825,000 property owners, mostly in California’s rural areas near forests, started receiving a $150 annual fee by the state in order to help offset Cal Fire’s budget deficit.
Skyrocketing pension costs and slumping property tax revenues could send Contra Costa County firefighters to the ballot box to help keep their stations open.
Just days before the tax-filing deadline, the California Franchise Tax Board dropped its campaign to get California homeowners not to deduct part of their property tax bill.
A Marin County homeowner looking to lower her property tax bill ended up paying a service more than double what she saved on her bill, until CBS 5 ConsumerWatch intervened.
Contra Costa County stands to lose millions of dollars in future property tax revenue from oil refineries, and may even pay a hefty refund to Chevron, because of an appeal’s court’s decision governing how refineries compute the value of their equipment.
Property values have dipped slightly over the last year in Contra Costa County, with some cities feeling the brunt of the burden.
The total assessed value of all property in Santa Clara County fell nearly 2.5 percent last year, the greatest decline since the Great Depression according to Assessor Larry Stone.