A coming surge in home sales by aging homeowners should boost local government property tax collections. These gains, however, are likely to be offset by an increase in the transfer of homes from parents to children which, unlike most home sales, does not trigger higher tax payments.
We discuss the statewide minimum wage increase that will occur on January 1, 2017.
We provide additional data on trends in California's property taxes since the passage of Proposition 13 in 1978.
We discuss our estimates of local property taxes, which affect the state's school funding requirements, as well as the administration's property tax estimates.
In the mid-1990s, the state allowed Santa Cruz County enterprise districts' property tax revenue to be redirected to a supplemental fund supporting county libraries.
We explore how the property tax allocation decisions from the mid-1970s affect funding for local airport services even now in the Lake Tahoe region.
This post explores some of the consequences of basing today's local government property tax shares on choices made in the 1970s.
Local governments' shares of the property tax were set by the laws that implemented Proposition 13. In this post, we examine the conditions under which these shares change.
Why is it that one of the primary factors determining property tax revenues for California local governments is how much that government received in the mid-1970s?
This post, the fourth in our property tax series, discusses the primary factors affecting a city government's proportion of the total property taxes collected within its boundaries.
We examine the revenue from California's 1 percent property tax that is available for a subset of local governments.
We discuss the distribution of property taxes to the various types of California local governments.
What are the different charges on a California property tax bill?
Our Fiscal Outlook assumes continued growth in assessed values.
The state's Employment Development Department has released job data for September 2015.