How are property taxes for other local governments impacted?

I represent a public library district, which largely is funded by local property taxes. I am hearing the language in ballot initiative 93 freezes the property tax reassessment rates. I find language in the ballot initiative about this, but it appears to only be so for property taxes pertaining to school districts and not other types of taxing districts. Is this so?

A:

The measure only applies to property taxes levied by school districts. Property taxes levied by other local governments are unaffected by the measure. The calculation for the target percentage and the residential assessment rate will be determined by the assessed values used for all other local governments and is unaffected by the measure.


Donate Join GSTC About

connect