- Written by
Administrator
- Posted April 10, 2012 at 9:25 am

Last year, Assessor John Noguez estimated that the county property tax base would grow by almost $18.7 billion for the next fiscal year. But he revised that figure to $5.1 billion last week. The drop could lead to cuts in law enforcement, education and other services.
By Jason Song, Los Angeles Times
April 10, 2012
Los Angeles County could receive almost $50 million less than expected in property taxes next year, according to the latest estimates, which could lead to cuts in law enforcement, education and other services.
Last year, Assessor John Noguez estimated that the county property tax base would grow by almost $18.7 billion for the next fiscal year. But he revised that figure to $5.1 billion last week.
Read the rest of this entry »