property tax

While local voter-approved school bonds are paid for with higher property taxes, these judgment bonds are repaid out of the school system’s regular budget.

After California voters passed Proposition 13 in 1978 to limit property taxes — and later Proposition 209 in 1996 banning affirmative action — Democrats sought ways to blunt or undo their impact through legislation and legal challenges.

Forming a local rebuilding authority would enable the use of tax-increment financing, in which land purchases and improvements would be funded based on expected increases in property taxes from improvements.

County district won’t happen overnight and would potentially require its home owners to pay up to $20 in an annual property tax assessment to make it happen.

More than 250 offences across 117 laws penalise delays in filing documents - everything from wealth and property tax returns to gift declarations, the report finds.