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PROPERTY TAXES MAY RISE

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  • September 2014 Articles
  • Prop 13
  • property values
  • East County News Service
  • economy continues to improve
  • California Board of Equalization
  • Venus Stromberg
  • County Assessor
  • KPBS reports

 

East County News Service

September 22, 2014 (San Diego)--Property values are going up as the economy continues to improve.  That means property taxes are going up, too.

Your total property tax bill can’t rise beyond the caps set by Prop 13.  But some homeowners could see a sharper rise than the 2% max allowed by Prop 13—if you had your property reassessed and lowered your property tax bills temporarily during the recession.

California Board of Equalization member Venus Stromberg says some homeowners could see their property tax bills jump by 5 to 15 percent, KPBS reports, or even more in areas where property values have risen sharply.

Homeowners who wish to dispute their property tax bill should contact the County Assessor.


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Source URL (modified on 09/22/2014 - 14:11):https://www.eastcountymagazine.org/property-taxes-may-rise?page=0