The 2019-20 Budget: California Spending Plan—Other Provisions

Oct 17, 2019 - Disposal of Developmental Center (DC) Properties. The budget includes $23.3  million from the General Fund in 2019 ‑20 to support the disposal of two DC properties. First, for the Sonoma DC —whose final residents moved out in 2018 —the budget includes $21.1  million from the General Fund in 2019 ‑20 (and a total of $43.7  million over three
https://lao.ca.gov/Publications/Report/4101

The Property Tax Inheritance Exclusion

Oct 9, 2017 - Consequently, monthly ownership costs for these homeowners were around $1,000 less than the typical homeowner ($1,650 vs. $670). Because most inherited homes have been owned for decades, children typically are receiving a property with lower ownership costs.
https://lao.ca.gov/Publications/Report/3706