Time again for those decline-in-value appeals

The filing period to appeal what could be incorrect property tax assessments opened July 2.
The tax bill that property owners will receive in October will be based on the assessed values. The taxes are at least 1 percent of the assessed value. For example, if an incorrect assessed value is reduced through the assessment appeal process by $100,000, then the annual tax bill will be reduced by approximately $1,000.
Almost 20 percent of the assessment appeals in Los Angeles and Ventura Counties in ...

Thank you for supporting your local Acorn! You need to be a digital subscriber to view the rest of this content. Please Login or Subscribe Now!