Just curious - CA has had record increases in property values for years and the infamous 1% property tax never stays are 1%, going up year after year - property sales have been through the roof - so, why is it that CA is faced with a budget crunch now?
Sacramento legislature consists of morons just like DC. They’re “ALL” clueless, power-hungry morons; case closed.
I think the property tax amount is adjusted only when the property is sold. So a house that grandma has lived in since the 60s is still being taxed at 1% of its 1965 value.