When supporters of a November property tax ballot measure talk about soaking the state’s faceless corporate giants and its wealthiest landlords, they are not talking about people like John Kevranian. The co-owner of Nuts for Candy & Toys in Burlingame, Kevranian and his wife have operated this mainstay of the...
Walters: One Tax Measure Goes Away
Proposition 13, California’s iconic property tax limit, was overwhelmingly approved by California voters 41 years ago and for at least 40 of those years, efforts have been mounted to repeal or change it. Initially, it was attacked in the courts, but survived. Thereafter, pro-spending interest groups — public employee unions,...
Fresno Unified Wrestles With How Big to Make Bond Measure
Faced with lower community support for a bond measure that would hike property taxes, the Fresno Unified School Board appears split on whether to ask voters to greenlight a $500 million bond measure. The board is likely to vote on a bond measure resolution at the Nov. 20 meeting following...
Clovis Unified Bond Measure Has Something For All — And New Schools
About two-thirds of Clovis Unified School District's proposed $408 million bond measure would go toward new school construction if voters approve it on the March 3 ballot, a district official said Tuesday afternoon at Pinedale Elementary School. The bond measure also would cover needed repairs and modernization projects at existing...
Just Like Texas, California Is Rated 'Tax Friendly'
Kiplinger, a personal finance publication, has assembled a detailed summary of state taxes on income, property, and everything you buy. While not landing among the Top 10 most-tax friendly states, California received Kiplinger's "tax-friendly" designation — the same as its big economic rival, Texas. "The Golden State’s reputation as a...
Walters: Locals Seek New Taxes Despite $4B Property Tax Surge
Local government officials throughout the state got some very good financial news when county tax assessors toted up changes in taxable property values for their 2018-19 budgets. The state’s uber-strong real estate market generated a 6.51 percent increase in those values, adding another $374 billion to the property tax rolls...