By PE Politics
July 1, 2011 6:01 PM
San Bernardino County’s property values declined by less than 1 percent this year, Assessor Dennis Draeger reported Friday.
Draeger signed the 2011 assessment roll, which is used to determine how much residents pay in taxes and how much property-tax revenue the county and city government receive.
Total valuation dropped 0.87 percent from last year to $161 billion, Draeger announced in a statement. By comparison, Riverside County’s total valuation dropped 1.45 percent this year.
To read entire brief, click here.