Common Claims About Proposition 13

Sep 19, 2016 - For example, in Los Angeles County in 2015, a typical new commercial property owner paid $2.69 per square foot in property ta xes, compared to $1.18 for commercial property owned ten years or longer.
https://lao.ca.gov/Publications/Report/3497

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Given the budgetary risks posed by economic uncertainty and federal policy changes, maintaining positive operating surpluses would put the budget on better footing. Without an Operating Surplus, Responding to a Recession More Challenging.
https://lao.ca.gov/Publications/Report/4135