For every property tax dollar collected in 1977 in San Diego County (the year BEFORE Prop 13 passed), the county this last year (FY 2009-2010) collected $7.20. Verified with SD County Tax Assessor.
During that time frame, our county population has grown about 85%, and inflation has gone up about 260%. Hence property tax revenues today are substantially higher than the bloated PRE-Prop 13 year, even after adjusting for inflation and population growth.
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For every property tax dollar collected in 1977 in San Diego County (the year BEFORE Prop 13 passed), the county this last year (FY 2009-2010) collected $7.20. Verified with SD County Tax Assessor.
During that time frame, our county population has grown about 85%, and inflation has gone up about 260%. Hence property tax revenues today are substantially higher than the bloated PRE-Prop 13 year, even after adjusting for inflation and population growth.
rider92131 1 year ago