The initiative has not resulted in a tax burden shift to homeowners.

The initiative has not resulted in a tax burden shift to homeowners. If you have not received your bill by November 1st, it means we might have a different mailing address for you. Property Value Notices are mailed to real estate owners in July. Proposition 13's structural and ideological legacy.

However, savings from Proposition 8 are not limited to California-based companies. This third approach has received a good deal of attention and focus over the past several years. An acquisition-value standard has advantages for taxpayers and for government. Several split-roll proposals have surfaced since Proposition 13; none has been successful. This was a key argument presented by those challenging Proposition 13 to the U. Other counties will operate in the same way, no doubt. Equalizing down would substantially reduce revenue to local agencies. Proposition 13 supporters point out other reasons for defending the acquisition-value approach.

Superior Court for legal, remanded back to county board for valuation decision.