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To: Howard Jarvis Admirer

I think prop 13 allows for a maximum 2% increase a year based on the county property value appreciation. Property taxes continue to increase here in California.


18 posted on 12/10/2006 10:58:45 AM PST by pterional
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To: pterional

True - but I don't consider that a reappraisal. If my property were reappraised, I likely would be paying $6,000 per year and so would most other San Diego homeowners. According to the recent news, the average house in SoCal is worth $615,000 x 1% equals $6,150 less $70 homeowners exemption or $6,080 in property tax if reassessment were allowed. Savings due to the Prop 13 reassessment restriction, approximately $4,500 per year.


20 posted on 12/10/2006 11:03:05 AM PST by Howard Jarvis Admirer (Howard Jarvis, the foe of the tax collector and friend of the California homeowner)
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