“Bell Property Tax Ranks 2nd Highest In L.A. County” plus 3 more |
- Bell Property Tax Ranks 2nd Highest In L.A. County
- Bell property tax bills 2nd highest in LA County
- Property Tax Work-off program available for senior citizens
- County Property Roll Taxable Value Declines 1.6% State has approved county’s preliminary 2010 tax roll
| Bell Property Tax Ranks 2nd Highest In L.A. County Posted: 30 Jul 2010 08:22 AM PDT Jul 30, 2010 8:20 am US/Pacific Bell Property Tax Ranks 2nd Highest In L.A. County
County tax records show only the 21 residential parcels in the city of Industry pay more in property taxes. All county property owners pay a 1 percent general property tax, along with special or direct assessments levied by cities. The countywide property tax average is 1.16 percent, or $11.60 for every $1,000 of assessed value. Property owners in Bell pay 1.55 percent. That compares to 1.10 percent in Malibu. (© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.) Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Bell property tax bills 2nd highest in LA County Posted: 30 Jul 2010 10:58 AM PDT Friday, July 30, 2010 at 10:34 a.m. BELL, Calif. — Tax records show working class residents of Bell, where excessive salaries led to a purge of city leaders, pay the second-highest property tax bills in Los Angeles County - more than the affluent communities of Malibu, Beverly Hills and Pacific Palisades. All county property owners pay a 1 percent general property tax, along with special assessments levied by individual cities. The countywide average is 1.16 percent, or $11.60 for every $1,000 of assessed value. Property owners in Bell pay 1.55 percent. That compares to 1.10 percent in Malibu. --- Information from: Los Angeles Times, http://www.latimes.com Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Property Tax Work-off program available for senior citizens Posted: 30 Jul 2010 05:08 AM PDT PEPPERELL -- The town of Pepperell is offering, through the Senior Center, a Property Tax Work-off Program that will assist senior citizens with their tax bills and secondly, the work will increase involvement for seniors in municipal government. You must be 60-plus years, own and occupy property where taxes have been paid for a minimum of 10 years. Only one abatement/application allowed per household and there are financial guidelines: $35,000 gross income for a single person and $50,000 for a married couple. Applications are available at the Senior Center, 37 Nashua Road. For further information call 978-433-0326 or e-mail coa@town.pepperell.ma.us. Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Posted: 30 Jul 2010 09:32 AM PDT Sharon Cox, Jackson County Property Appraiser, submitted the preliminary 2010 tax rolls for Jackson County to the State for final approval in July. After meeting statutory requirements that tax roll is now approved. This enables all county municipalities, the county government, and the county school system to know what tax revenues to expect next year if millage rates remain unchanged. All of these taxing authorities are currently busy working on their 2010-2011 annual budgets, and decisions on millage rate changes will be made within the next few weeks. The 2010 tax roll submitted by Sharon Cox delivers a 1.6% reduction in property values for the coming year. If millage rates remained unchanged, this gain would be realized by the tax paying citizens of the county. However, if the taxing authorities around the county raise their millage rates in order to maintain their operating revenues at previous levels, taxpayers would see no tax reductions. This valuation reduction is also accompanied by a general reduction in grant funding from state and federal agencies, thus further increasing the need for revenues from local taxes for the county, school system, and municipalities. As the monies available for governments decline, pressures for tax increases mount. The changes in revenues and valuations are shown below: BOCC Taxable Value 2009 Final Roll 2010 Preliminary Roll (Current) $1,448,420,903 $1,425,500,453 -$ 22,920,450 Change (-1.6%) Revenues at 2009 millage rates (7.1223 County +6.327 School + .045 NFWaterMgt = 13.4943 Total) (Figures are for Jackson hospital tax district, would be + 1.546 mils for Graceville/Campbellton District) BOCC Government $10,316,088 $10,152,842 - $163,246 Change For Schools $10,232,523 $10,093,122 - $139,401 Change In a discussion with Property Appraiser Sharon Cox about the new tax rolls, she stated that the declines were generally distributed over the entire county. "There was a general reduction in the base rate values per square foot for all buildings, due to the general market decline. However, since Jackson County did not experience a dramatic and sudden increase when the market was booming, we are conversely not seeing a sudden, dramatic drop now that things are falling. We are not falling off the cliff in a manner similar to what was seen in some of the beach counties," Cox explained. She stated that most properties in Compass Lake in the Hills were decreased, along with some subdivisions where homes have sold for decreased values. Farm land has remained fairly constant in value. Another area of value reduction was tangible properties, which is the equipment and fixtures used by businesses in their operations. "Many businesses have cut back on their operations, and are thus declaring less tangible properties this year," Cox stated. "Another factor is the lack of new construction this year. Usually declines in values are somewhat offset by new construction being added to the tax rolls, something that did not happen this time." All of these budgeting processes are now underway, and the results will determine what your property tax bill will be this year. Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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