california legislative analyst's office report: california property tax primer (2012)
TRANSCRIPT
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
1/48
Pc~secjdFebj~je Q~q~s Se
KEF SEzb i~ b d j v b E S j | E g E b z v S gi| `KN`~ >: " >15>
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
2/48
E g B E I ^ ` q I ^ s
> B`djvbesj| EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
3/48
FigS`gSv
`fpsj| vpe~ ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''0
Js~cpfsj ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''4
Tmes J sm Q~q~s Se Njbb9 '''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''4
Mt E~ Q~q~s Se ec Fme~d Cs~jc9 ''''''''''''''''''''''''''''''''''''''''''''''=
Tmes Q~q~sj E~ Sec9 '''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''53
Mt J sm ^|p Cjs~jnpsc9 ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''54
Tm C Bfeb D|~s Q~q~s Se fjqs \e~9 ''''''''''''''''''''''''''''''''''''>>
E~ Sm~ Ff~ Enps Mt Q~q~s Se E~ Cjs~jnpsc9 ''''''''''''''''''''''>3
Tmes E~ sm vs~dsm ec Bjjsesj Febj~je
Q~q~s Se vs9 '''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''>?
Q~q~s Se ec Bfeb D|~s Qpnbjfesj ''''''''''''''''''''''''''''''''''''''''''''''33
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` 6
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
4/48
E g B E I ^ ` q I ^ s
3 B`djvbesj| EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
5/48
`}`FPSJ\` vPkkE^zS` |e~jipv se}`v egc fme~d`v ig e Febji~gje q~iq`~sz se} njbb e~` fikqb } egc i`g gis t`bb
pgc`~vsiic' Sjv ~`qi~s q~i|jc`v eg i|`~|j`t i smjv keoi~ vip~f` i bifeb di|`~gk`gs ~`|`gp` egc
mjdmbjdmsv h`z qibjfz jvvp`v ~`bes`c si q~iq`~sz se}`v egc fme~d`v'
E Q~iq`~sz e} Njbb Jgfbpc`v e \e~j`sz i Cj`~`gs e}`v egc Fme~d v' E szqjfeb Febji~gje
q~iq`~sz se} njbb figvjvsv i kegz se}`v egc fme~d`v jgfbpcjgd sm` 5 q`~f`gs ~es`" |is`~+eqq~i|`c c`ns
~es`v" qe~f`b se}`v" K`bbi+^iiv se}`v" egc evv`vvk`gsv' Sjv ~`qi~s ifpv`v q~jke~jbz ig sm`
5 q`~f`gs ~es`" tmjfm jv sm` be~d`vs se} ig sm` q~iq`~sz se} njbb egc sm` igbz ~es` smes eqqbj`v pgji~kbz
ef~ivv `|`~z bifebjsz' S` se}`v cp` ~ik sm` 5 q`~f`gs ~es` egc |is`~+eqq~i|`c c`ns ~es`v e~` nev`c ig
e q~iq`~szv evv`vv`c |ebp`' S` Febji~gje Figvsjspsjig v`sv sm` q~if`vv i~ c`s`~kjgjgd e q~iq`~szv
se}enb` |ebp`' Ebsmipdm sm`~` e~` vik` }f`qsjigv" e q~iq`~szv evv`vv`c |ebp` szqjfebbz jv upeb si jsv
qp~fmev` q~jf` ecopvs`c pqte~c `efm z`e~ nz > q`~f`gs' Pgc`~ sm` Figvsjspsjig" ism`~ se}`v egc fme~d`v
kez gis n` nev`c ig sm` q~iq`~szv |ebp`'
S` Q~iq`~sz e} Jv Ig` i sm` Be~d`vs e}`v Febji~gjegv Qez' Jg vik` z`e~v" Febji~gjegv qezki~` jg q~iq ~sz se}`v egc fme~d`v smeg sm`z ci jg vses` q`~vigeb jgfik` se}`v" sm` be~d`vs
vses` D`g`~eb Lpgc ~`|`gp` vip~f`' Bifeb di|`~gk`gsv fibb`fs`c enips #36 njbbjig jg >151+55 ~ik sm`
5 q`~f`gs ~es`' S` ism`~ se}`v egc fme~d`v ig sm` q~iq`~sz se} njbb d`g`~es`c eg eccjsjigeb
#5> njbbjig'
S` Q~iq`~sz e} Nev` Jv Cj|`~v`' Q~iq`~sz se}`v egc fme~d`v e~` jkqiv`c ig kegz szq`v i
q~iq`~sz' Li~ sm` 5 q`~f`gs ~es`" itg`~+iffpqj`c ~`vjc`gsjeb q~iq`~sj`v ~`q~`v`gs enips
6: q`~f`gs i sm` vses`v evv`vv`c |ebp`" ibbit`c nz jg|`vsk`gs egc |efesjig ~`vjc`gsjeb q~iq`~sj`v
-63 q`~f`gs* egc fikk`~fjeb q~iq`~sj`v ->= q`~f`gs*' F`~sejg q~iq`~sj`vjgfbpcjgd q~iq`~sz itg`c nz
di| ~gk`gsv" mivqjsebv" ~`bjdjipv jgvsjspsjigv" egc fme~jsenb` i~degjesjigve~` }`kqs ~ik sm`
5 q`~f`gs q~iq`~sz se} ~es`'
Ebb `|`gp` L~ik Q~iq`~sz e}`v Jv Ebbifes`c si Bifeb Di|`~gk`gsv' Q~iq`~sz se} ~`|`gp` ~`kejgv
tjsmjg sm` fipgsz jg tmjfm js jv fibb`fs`c egc jv pv`c `}fbpvj|`bz nz bifeb di|`~gk`gsv' Vses` betv figs~ib
sm` ebbifesjig i q~iq`~sz se} ~`|`gp ~ik sm` 5 q`~f`gs ~es` si ki~` smeg 3"111 bifeb di|`~gk`gsv"
tjsm H+53 cjvs~jfsv egc fipgsj`v ~`f`j|jgd sm` be~d`vs ekipgsv' S` cjvs~jnpsjig i q~iq`~sz se} ~`|`gp`"
mit`|`~" |e~j`v vjdgjfegsbz nz bifebjsz'
S` Q~iq`~sz e} Mev e Vjdgjfegs @`fs ig sm` Vses` Npcd`s' Ebsmipdm sm` q~iq`~sz se} jv e bifeb
~`|`gp` vip~f`" js e`fsv sm` vses` npcd`s cp` si sm` vses`v `cpfesjig gegf` vzvs`keccjsjigeb q~iq`~sz
se} ~`|`gp` ~ik sm` 5 q`~f`gs ~es` i~ H+53 cjvs~jfsv d`g`~ebbz c`f~`ev`v sm` vses`v vq`gcjgd inbjdesjig
i~ cpfesjig' I|`~ sm` z`e~v" sm` vses` mev fmegd`c sm` betv ~`de~cjgd q~iq`~sz se} ebbifesjig kegzsjk`v jg i~c`~ si ~`cpf` jsv fivsv i~ `cpfesjig q~id~ekv i~ ecc~`vv ism`~ qibjfz jgs`~`vsv'
S` Vses`v Fp~~`gs Q~iq`~sz e} ^`|`gp` Ebbifesjig Vzvs`k Mev Kegz Bjkjsesjigv' S`
vses`v betv ~`de~cjgd sm` ebbifesjig i q~iq`~sz se} ~`|`gp` ~ik sm` 5 q`~f`gs ~es` me|` `|ib|`c i|`~
sjk` sm~ipdm b`djvbesjig egc |is`~ jgjsjesj| v' Sjv fikqb } ebbifesjig vzvs`k jv gis t`bb pgc`~vsiic"
s~egvqe~`gs" i~ ~`vqigvj|` si kic`~g bifeb g``cv egc q~` ~`gf`v' Egz fmegd`v si sm` `}jvsjgd vzvs`k"
mit`|`~" tipbc n` |`~z cjfpbs'
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` 0
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
6/48
Febji~gjev Q~iq`~sz e} Vzvs`k Mev Vs~`gdsmv egc Bjkjsesjigv' @figikjvsv `|ebpes` se}`v
pvjgd |` fikkig se} qibjfz f~js`~jed~itsm" vsenjbjsz" vjkqbjfjsz" g`ps~ebjsz" egc `upjsz' S`
vses`v q~iq`~sz se} vzvs`k `}mjnjsv vs~`gdsmv egc bjkjsesjigv tm`g k`evp~`c edejgvs sm`v` |`
f~js`~je' Vjgf` 5:4:" ~`|`gp` ~ik sm` 5 q`~f`gs ~es` mev `}f``c`c d~itsm jg sm` vses`v `figikz'
Q~iq`~sz se} ~`|`gp` ebvi s`gcv si n` b`vv |ibesjb` smeg ism`~ se} ~`|`gp`v jg Febji~gje cp` si sm`efupjvjsjig |ebp` evv`vvk`gs vzvs`k' -Lebbjgd ~`eb `vses` |ebp`v cp~jgd sm` ~`f`gs ~`f`vvjig" mit`|`~"
fepv`c vik` e~`ev i sm` vses` si `}q`~j`gf` c`fbjg`v jg evv`vv`c |ebp` egc ki~` |ibesjbjsz smeg
jg sm` qevs'* Ebsmipdm Febji~gjev q~iq`~sz se} vzvs`k q~i|jc`v di|`~gk`gsv tjsm e vsenb` egc
d~itjgd ~`|`gp` vip~f`" jsv betv ~`de~cjgd q~iq`~sz evv`vvk`gs feg ~`vpbs jg cj`~`gs s~`esk`gs
i vjkjbe~ se}qez`~v' Li~ `}ekqb`" g`t`~ q~iq`~sz itg`~v i`g qez e mjdm`~ ``fsj|` se} ~es` smeg
q`iqb` tmi me|` itg`c sm`j~ mik`v i~ npvjg`vv`v i~ e bigd sjk`' Jg eccjsjig" sm` q~iq`~sz se}
vzvs`k kez cjvsi~s npvjg`vv egc mik`itg`~ c`fjvjigv ~`de~cjgd ~`bifesjig i~ `}qegvjig'
E g B E I ^ ` q I ^ s
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
7/48
JgS^iCPFSJig
Li~ kegz Febji~gje se}qez`~v" sm` q~iq`~sz
se} njbb jv ig` i sm` be~d`vs se} qezk`gsv sm`z
keh` `efm z`e~' Li~ smipvegcv i Febji~gje bifeb
di|`~gk`gsvH+5> vfmiibv" fikkpgjsz fibb`d`v"
fjsj`v" fipgsj`v" egc vq`fjeb cjvs~jfsv~`|`gp` ~ik
q~iq`~sz se} njbbv ~`q~`v`gsv sm` ipgcesjig i sm`j~
npcd`sv'
Ebsmipdm q~iq`~sz se}`v egc fme~d`v qbez e
keoi~ ~ib` jg Febji~gje gegf`" kegz `b`k`gsv
i smjv gegfjgd vzvs`k e~` fikqb`} egc gis t`bb
pgc`~vsiic' S` qp~qiv` i smjv ~`qi~s jv si v`~|`
ev eg jgs~icpfsi~z ~``~`gf` si smjv h`z pgcjgd
vip~f`' S` ~`qi~s n`djgv nz `}qbejgjgd sm` kivsfikkig se}`v egc fme~d`v ig sm` q~iq`~sz
se} njbb egc mit sm`v` b`|j`v e~` febfpbes`c' Js
sm`g c`vf~jn`v mit sm` pgcv fibb`fs`c ~ik
q~iq`~sz se} njbbv#00njbbjig jg >151+55e~`
cjvs~jnps`c ekigd bifeb di|`~gk`gsv' Bevs" n`fepv`
Febji~gjev q~iq`~sz se}esjig vzvs`k mev `|ih`c
figs~i|`~vz i|`~ sm` z`e~v" sm` ~`qi~s q~i|jc`v
e ~ek`ti~h i~ `|ebpesjgd js' Vq`fjfebbz" t`
`}ekjg` Febji~gje q~iq`~sz se}`v ~`besj|` si
sm` f~js`~je fikkigbz pv`c nz `figikjvsv i~
~`|j`tjgd se} vzvs`kv" jgfbpcjgd ~`|`gp` d~itsm"
vsenjbjsz" vjkqbjfjsz" g`ps~ebjsz" egc `upjsz' S`
~`qi~s jv ibbit`c tjsm eg eqq`gcj} q~i|jcjgd
p~sm`~ c`sejb enips sm` ebbifesjig i q~iq`~sz se}~`|`gp`'
E Febji~gje q~iq`~sz se} njbb jgfbpc`v e |e~j`sz
i cj`~`gs se}`v egc fme~d`v' Ev vmitg ig sm`
vekqb` q~iq`~sz se} njbb jg Ljdp~`5" sm`v` b`|j`v
fikkigbz jgfbpc`?
S` 5q`~f`gs ~es`
`vsenbjvm`c nz
Q~iqivjsjig56 -5:4=*'
Eccjsjigeb se} ~es`v
si qez i~ bifeb |is`~+
eqq~i|`c c`ns'
Q~iq`~sz evv`vvk`gsv'
K`bbi+^iiv se}`v'
Qe~f`b se}`v'
S` Figvsjspsjig
`vsenbjvm`v e q~if`vv i~
c`s`~kjgjgd e q~iq`~szv
se}enb` |ebp` i~ qp~qiv`v i
febfpbesjgd se} b`|j`v ~ik
sm` 5q`~f`gs ~es` egc |is`~+eqq~i|`c c`ns' Jg ip~
vekqb` q~iq`~sz se} njbb" Ni} E jc`gsj`v sm`
se}enb` |ebp` i sm` q~iq`~sz egc Ni} N vmitv
sm` q~iq`~szv se} b`|j`v smes e~` febfpbes`c nev`c
Q~iq`~sz JC? 5>63015>+56 ibb
BegcJkq~i|`k`gsv
SisebB`vv @}`kqsjigv
G`s Evv`vv`c \ebp`
Evv`vv`c \ebp`
#550"111'11#>3>"111'11
#604"111'11#4"111'11
#601"111'11
V`fp~`c Q~iq`~sz Se} li~ Ljvfeb Z e~ Opbz 5" >15> si Opg` 61" >156
Q~iq`~sz Itg`~ Jgli~kesjig
Q~iq`~sz \ebpesjig ig Oeg 5" >15>
C`sejb il Se}`v Cp`
Vekqb` Eggpeb Q~iq`~sz Se} Njbb
Ed`gfz
D`g`~eb Se} B`|z
\is`~+Eqq~i|`c C`ns ^es`vFjszTes`~ Cjvs~jfsVfmiib Cjvs~jfsFikkpgjsz Fibb`d` Cjvs~jfs
Cj~`fs B`|j`vVjc`tebh Cjvs~jfs Evv`vvk`gsLbiic Figs~ib Cjvs~jfs Evv`vvk`gsVs~``s Bjdmsjgd Cjvs~jfs Evv`vvk`gsK`bbi+^iiv Cjvs~jfsVfmiib Cjvs~jfs Qe~f`b Se}
Siseb Se}`v Cp`
5vs Jgvsebbk`gs>gc Jgvsebbk`gs
^es`
5'1111
1'1>151'115=1'51511'151>
Ekipgs
#6"011'11
#41'60
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
8/48
ig smjv |ebp`' B`|j`v nev`c ig |ebp`vpfm ev sm`
5q`~f`gs ~es` egc |is`~+eqq~i|`c c`ns ~es`ve~`
hgitg ev ec |ebi~`k se}`v'
Pgc`~ sm` Figvsjspsjig" ism`~ se}`v egc
fme~d`v ig sm` q~iq`~sz se} njbb -vmitg jg
Ni} F* kez gis n` nev`c ig sm` q~iq`~szvse}enb` |ebp`' Jgvs`ec" sm`z e~` nev`c ig ism`~
efsi~v" vpfm ev sm` n`g`s sm` q~iq`~sz itg`~
~`f`j|`v ~ik jkq~i|`k`gsv'
Ev vmitg jg Ni} C" sm` siseb ekipgs cp` ig
kivs q~iq`~sz se} njbbv jv cj|jc`c jgsi sti `upeb
ekipgsv' S` ~vs qezk`gs jv cp` nz C`f`kn`~ 51
egc sm` v`figc qezk`gs jv cp` nz Eq~jb 51'
MiT E^` Q^iQ`^Sz SE}`v
EgC FME^D`v C`S`^kJg`C9
Ec |ebi~`k q~iq`~sz se}`vsm` 5q`~f`gs ~es`
egc |is`~+eqq~i|`c c`ns ~es`veffipgs i~ g`e~bz
:1q`~f`gs i sm` ~`|`gp` fibb`fs`c ~ik q~iq`~sz
se} njbbv jg Febji~gje' Dj|`g sm`j~ jkqi~segf`"smjv v`fsjig n`djgv tjsm eg i|`~|j`t i ec
|ebi~`k se}`v egc c`vf~jn`v mit fipgsz evv`vvi~v
c`s`~kjg` q~iq`~sz |ebp`v' Bes`~ jg sm` fmeqs`~" t`
cjvfpvv sm` se}`v egc fme~d`v smes e~` c`s`~kjg`c
nev`c ig efsi~v ism`~smeg q~iq`~sz |ebp`'
Se Nec Q~q~s \ebp
S` 5Q`~f`gs ^es`' S` be~d`vs fikqig`gs
i kivs q~iq`~sz itg`~v eggpeb q~iq`~sz
se} njbb jv sm` 5q`~f`gs ~es`i`g febb`c sm`
5q`~f`gs d`g`~eb se} b`|z i~ fipgsztjc` ~es`' S`
Figvsjspsjig bjkjsv smjv ~es` si 5q`~f`gs i evv`vv`c
|ebp`' Ev vmitg ig ip~ vekqb` q~iq`~sz se} njbb"
sm` itg`~ i e q~iq`~sz evv`vv`c es #601"111 it`v
#6"011 pgc`~ sm` 5q`~f`gs ~es`' S` 5q`~f`gs ~es`
jv e d`g`~eb se}" k`egjgd smes bifeb di|`~gk`gsv
kez pv` jsv ~`|`gp` i~ egz qpnbjf qp~qiv`'
\is`~+Eqq~i|`c C`ns ^es`v' Kivs se} njbbv
ebvi jgfbpc` eccjsjigeb ec |ebi~`k q~iq`~sz se}~es`v si qez i~ |is`~+eqq~i|`c c`ns' ^`|`gp`
~ik sm`v` se}`v jv pv`c q~jke~jbz si ~`qez d`g`~eb
inbjdesjig nigcv jvvp`c i~ bifeb jg~evs~pfsp~`
q~io`fsv" jgfbpcjgd sm` figvs~pfsjig egc
~`menjbjsesjig i vfmiib efjbjsj`v' -Ev c`vf~jn`c
jg sm` g`e~nz ni}" vik` |is`~+eqq~i| c ~es`v e~`
pv`c si qez inbjdesjigv eqq~i|`c nz bifeb |is`~v
n`i~` 5:4='* Nigc q~if``cv kez gis n` pv`c i~
d`g`~eb bifeb di|`~gk`gs iq`~esjgd `}q`gv`v"
vpfm ev s`efm`~ vebe~j`v egc eckjgjvs~esj|` fivsv'
Kivs bifeb di|`~gk`gsv kpvs insejg sm` eqq~i|eb
i sti+smj~cv i sm`j~ bifeb |is`~v jg i~c`~ si
jvvp` d`g`~eb inbjdesjig nigcv ~`qejc tjsm c`ns
~es`v' D`g`~eb inbjdesjig nigcv i~ vfmiib egc
fikkpgjsz fibb`d` efjbjsj`v" mit`|`~" kez n`
eqq~i|`c nz 00q`~f`gs i sm` vfmiib i~ fikkpgjsz
fibb`d` cjvs~jfsv |is`~v' Bifeb |is`~v ci gis
eqq~i|` e }`c se} ~es` i~ d`g`~eb inbjdesjig nigc
jgc`ns`cg`vv' Jgvs`ec" sm` ~es` ecopvsv eggpebbz vi
smes js ~ejv`v sm` ekipgs i kig`z g``c`c si qez
sm` nigc fivsv'
Q~iq`~sz se} njbbv i`g jgfbpc` ki~` smeg ig`
|is`~+eqq~i|`c c`ns ~es`' Jg ip~ vekqb` q~iq`~sz
se} njbb" i~ `}ekqb`" sm` q~iq`~sz itg`~ jv vpno`fs
si ip~ eccjsjigeb ~es`v n`fepv` bifeb |is`~v me|`
eqq~i|`c nigc pgcv i~ sm` fjsz egc tes`~"
vfmiib" egc fikkpgjsz fibb`d` cjvs~jfsv tm`~` sm`
q~iq`~sz jv bifes`c' S`v` ~es`v s`gc si n` e vkebbq`~f`gsed` i evv`vv`c |ebp`' Vses`tjc`" sm` e|`~ed`
q~iq`~sz se} njbb jgfbpc`v |is`~+eqq~i|`c c`ns ~es`v
smes siseb enips ig`+s`gsm i 5q`~f`gs i evv`vv`c
|ebp`'
E g B E I ^ ` q I ^ s
= B`djvbesj| EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
9/48
Febfpbesjd Q~q~s \ebp ~
Ec \eb~ Se
Ig` i sm` ~vs js`kv bjvs`c ig e q~iq`~sz
se} njbb jv sm` evv`vv`c |ebp` i sm` begc egc
jkq~i|`k`gsv' Evv`vv`c |ebp` jv sm` se}enb` |ebp`
i sm` q~iq`~sz" tmjfm jgfbpc`v sm` begc egc egz
jkq~i|`k`gsv kec` si sm` begc" vpfm ev npjbcjgdv"
begcvfeqjgd" i~ ism`~ c`|`biqk`gsv' S` evv`vv`c
|ebp` i begc egc jkq~i|`k`gsv jv jkqi~segs
n`fepv` sm` 5q`~f`gs ~es` egc |is`~+eqq~i| c
c`ns ~es`v e~` b`|j`c ev e q`~f`gsed` i smjv |ebp`"
k`egjgd smes q~iq`~sj`v tjsm mjdm`~ evv`vv`c
|ebp`v it` mjdm`~ q~iq`~sz se}`v'
Cns Eqq~|c n \s~ Q~j~ s 5:4=
S` Febji~gje Figvsjspsjig ebbitv bifeb di|`~gk`gsv si b`|z |is`~+eqq~i|`c c`ns
~es`vec |ebi~`k ~es`v eni|` sm` 5q`~f`gs ~es`i~ sti qp~qiv`v' S` ~vs qp~qiv` jv si
qez i~ jgc`ns`cg`vv eqq~i| c nz |is`~v q~ji~ si 5:4=" ev ebbit`c pgc`~ Q~iqivjsjig56 -5:4=*'
Q~iqivjsjig3> -5:=1 fjsj`v egc 5 fipgsz b`|z |is`~+eqq~i|`c c`ns ~es`v si qez vik` qi~sjig i sm`j~ eggpeb q`gvjig
fivsv' S` ~es`v cj`~ nz bifebjsz' Li~ `}ekqb`" sm` Fjsz i L~`vgiv |is`~+eqq~i|`c c`ns ~es` i~
`kqbiz`` ~`sj~`k`gs fivsv jv 1'16q`~f`gs i evv`vv`c |ebp` jg >15>+56" tmjb` sm` Fjsz i Veg
L`~gegciv ~es` jv 1'>=q`~f`gs'
Vses` Tes`~ Q~io`fs Qezk`gsv' Bifeb tes`~ ed`gfj`v feg b`|z ec |ebi~`k ~es`v eni|` sm`
5q`~f`gs ~es` si qez sm`j~ eggpeb inbjdesjigv i~ tes`~ c`bj|`~j`v ~ik sm` Vses` Tes`~ Q~io`fs'
Vses` fip~sv figfbpc`c smes vpfm fivsv t`~` |is`~+eqq~i|`c c`ns n`fepv` |is`~v eqq~i|`c sm`
figvs~pfsjig" iq`~esjig" egc kejgs`gegf` i sm` Vses` Tes`~ Q~io`fs jg 5:
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
10/48
Pgc`~ Febji~gjev se} vzvs`k" sm` evv`vv`c
|ebp` i kivs q~iq`~sz jv nev`c ig jsv qp~fmev`
q~jf`' N`bit" t` c`vf~jn` sm` q~if`vv fipgsz
evv`vvi~v pv` si c`s`~kjg` sm` |ebp` i bifeb ~`eb
q~iq`~sz -begc" npjbcjgdv" egc ism`~ q`~keg`gs
vs~pfsp~`v*' Sjv jv ibbit`c nz eg `}qbegesjig imit evv`vvi~v c`s`~kjg` sm` |ebp` i q`~vigeb
q~iq`~sz -q~iq`~sz gis e}`c si begc i~
vs~pfsp~`v" vpfm ev fikqps`~v" niesv" ej~qbeg`v" egc
npvjg`vv `upjqk`gs* egc vses` evv`vv`c q~iq`~sz
-f`~sejg npvjg`vv q~iq`~sj`v smes f~ivv fipgsz
nipgce~j`v*'
Bifeb ^`eb Q~iq`~sz Jv Evv`vv`c es Efupjvjsjig
\ebp` egc Ecopvs`c Pqte~c @efm Z`e~' S`
q~if`vv smes fipgsz evv`vvi~v pv` si c`s`~kjg`
sm` |ebp` i ~`eb q~iq`~sz tev `vsenbjvm`c nz
Q~iqivjsjig56' Pgc`~ smjv vzvs`k" tm`g ~`eb
q~iq`~sz jv qp~fmev`c" sm` fipgsz evv`vvi~ evvjdgv
js eg evv`vv`c |ebp` smes jv `upeb si jsv qp~fmev`
q~jf`" i~ efupjvjsjig |ebp`' @efm z`e~ sm`~`e`~"
sm` q~iq`~szv evv`vv`c |ebp` jgf~`ev`v nz >q`~f`gs
i~ sm` ~es` i jglesjig" tmjfm`|`~ jv bit`~' Sjv
q~if`vv figsjgp`v pgsjb sm` q~iq`~sz jv vibc" es
tmjfm qijgs sm` fipgsz evv`vvi~ edejg evvjdgv js
eg evv`vv`c |ebp` `upeb si jsv kivs ~`f`gs qp~fmev`
q~jf`' Jg ism`~ ti~cv" e q~iq`~szv evv`vv`c |ebp`
~`v`sv si ke~h`s |ebp` -tmes e tjbbjgd npz`~ tipbcqez i~ js* tm`g js jv vibc' -Ev vmitg jg Ljdp~`>"
|is`~v me|` eqq~i|`c |e~jipv figvsjspsjigeb
ek`gck`gsv smes `}fbpc` f`~sejg q~iq`~sz
s~egv`~v ~ik s~jdd`~jgd smjv ~`evv`vvk`gs'*
Jg kivs z`e~v" pgc`~ smjv evv`vvk`gs q~efsjf`" e
q~iq`~szv ke~h`s |ebp` jv d~`es`~ smeg jsv evv`vv`c
|ebp`' Sjv iffp~v n`fepv` evv`vv`c |ebp`v jgf~`ev`
nz e ke}jkpk i >q`~f`gs q`~ z`e~" tm`~`ev
ke~h`s |ebp`v s`gc si jgf~`ev` ki~` ~eqjcbz'
S`~`i~`" ev bigd ev e q~iq`~sz ci`v gis fmegd`
itg`~vmjq" jsv evv`vv`c |ebp` jgf~`ev`v q~`cjfsenbz
~ik ig` z`e~ si sm` g`}s egc jv pge`fs`c nz
mjdm`~ eggpeb jgf~`ev`v jg ke~h`s |ebp`' Li~
`}ekqb`" Ljdp~`6 vmitv mit e mzqism`sjfeb
q~iq`~sz qp~fmev`c jg 5::0 i~ #5=0"111 tipbc
Ljdp~` >
Q~iq`~sz S~egvl`~v Smes Ci Gis S~jdd`~ ^`evv`vvk`gs
Q~iqivjsjig Z`e~ C`vf~jqsjig
6 5:=> Ebbitv q~iq`~sz itg ~v tmiv` q~iq`~sz mev n``g seh`g nz kjg`gs cikejg q~if``cjgdvsi s~egv`~ sm`j~ `}jvsjgd evv`vv`c |ebp` si e g`t q~iq`~sz i vjkjbe~ vj` egc pgfsjig'
01 5:=< Ebbitv q~iq`~sz itg ~v tmiv` q~iq`~sz mev n``g ceked`c i~ c`vs~iz`c jg e gesp~ebcjvevs`~ si s~egv`~ sm`j~ `}jvsjgd evv`vv`c |ebp` si e fikqe~enb` ~`qbef`k`gsq~iq`~sz tjsmjg sm` vek` fipgsz'
0= 5:=< @}fbpc`v q~iq`~sz s~egv ~v n st``g vqipv`v i~ n st``g qe~`gsv egc fmjbc~ g ~iks~jdd`~jgd ~`evv`vvk`gs'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
11/48
n` evv`vv`c jg >15>' Ebsmipdm sm` ke~h`s |ebp`
i sm` q~iq`~sz jgf~`ev`c si #611"111 nz >11>"
sm` evv`vv`c |ebp` tev #>11"111 n`fepv` evv`vv`c
|ebp` d~`t nz igbz pq si >q`~f`gs `efm z`e~' Pqig
n`jgd vibc jg >11>" sm` q~iq`~szv evv`vv`c |ebp`
~`v`s si e ke~h`s |ebp` i #611"111' N`fepv` i sm`
be~d` eggpeb jgf~`ev` jg mik` |ebp`v e`~ >11>"
mit`|`~" sm` ke~h`s |ebp` tev viig kpfm d~`es`~
smeg sm` evv`vv`c |ebp` i~ sm` g`t itg`~ ev t`bb'
Q~iq`~sz Jkq~i|`k`gsv E~` Evv`vv`c
V`qe~es`bz' Tm`g q~iq`~sz itg`~v pgc`~seh`
q~iq`~sz jkq~i|`k`gsv"
vpfm ev eccjsjigv"
~`kic`bjgd" i~ npjbcjgd
`}qegvjigv" sm` eccjsjigv
i~ pqd~ec`v e~` evv`vv`ces ke~h`s |ebp` jg smes
z`e~ egc jgf~`ev` nz pq
si >q`~f`gs `efm z`e~
sm`~`e`~' S` pgjkq~i|`c
qi~sjig i sm` q~iq`~sz
figsjgp`v si n` evv`vv`c
nev`c ig jsv i~jdjgeb
efupjvjsjig |ebp`' Li~ `}ekqb`" j e mik`itg`~
qp~fmev`c e mik` jg >11> egc sm`g ecc`c e de~ed`
jg >151" sm` mik` egc de~ed` tipbc n` evv`vv`c
v`qe~es`bz' S` i~jdjgeb q~iq`~sz tipbc n` evv`vv`c
es jsv >11> efupjvjsjig |ebp` ecopvs`c pqte~c `efm
z`e~ tmjb` sm` de~ed` tipbc n` evv`vv`c es jsv >151
ke~h`s |ebp` ecopvs`c pqte~c' S` q~iq`~szv
evv`vv`c |ebp` tipbc n` sm` fiknjg`c |ebp` i sm`
sti qi~sjigv' -Ev vmitg jg Ljdp~`3" |is`~v me|`
`}fbpc`c f`~sejg q~iq`~sz jkq~i|`k`gsv ~ik
jgf~`evjgd sm` evv`vv`c |ebp` i e q~iq`~sz'*
Ke~h`s \ebp` Feg @}f``c Evv`vv`c \ebp`
Ljdp~` 6
511"111
>11"111
611"111
311"111
011"111
# q`~f`gs eggpebbz'
Ke~h`s \ebp`Jgf~`ev`v i~ c`f~`ev`v nev`cig bifeb ~`eb vses` figcjsjigv'
5::< 5::= >111 >11> >15>>113 >11< >11= >151
Ljdp~` 3
Q~iq`~sz Jkq~i|`k`gsv Smes Ci Gis Jgf~`ev` eQ~iq`~szv Evv`vv`c \ebp`
Figvsjspsjigeb Ek`gck`gsv Eqq~i|`c Els`~ Opg` 5:4=
Q~iqivjsjig Z`e~ Szq` il Jkq~i|`k`gs
= 5:4= ^`figvs~pfsjig ibbitjgd gesp~eb cjvevs`~
4 5:=1 Vibe~ g`~dz figvs~pfsjig
65 5:=3 Lj~`+ve`sz jkq~i|`k`gsv
551 5::1 Eff`vvjnjbjsz figvs~pfsjig i~ cjvenb`c mik`itg`~v
544 5::3 Eff`vvjnjbjsz figvs~pfsjig i~ egz q~iq`~sz
5 5::= ^`figvs~pfsjig ibbitjgd g|j~igk`gseb figsekjgesjig
56 >151 V`jvkjf ve`sz jkq~i|`k`gsv
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` 55
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
12/48
Evv`vv`c \ebp` Kez N` ^`cpf`c Tm`g Ke~h`s
\ebp`v Lebb Vjdgjfegsbz' Tm`g ~`eb `vses` |ebp`v
c`fbjg` i~ q~iq`~sz ceked` iffp~v" e q~iq`~szv
ke~h`s |ebp` kez ebb n`bit jsv evv`vv`c |ebp` ev v`s
nz Q~iqivjsjig 56' Env`gs egz ecopvsk`gs si smjv
evv`vv`c |ebp`" sm` q~iq`~sz tipbc n` se}`c es ed~`es`~ |ebp` smeg js jv ti~sm'
Jg sm`v` `|`gsv" fipgsz evv`vvi~v kez
epsikesjfebbz ~`cpf` sm` Q~iqivjsjig 56 evv`vv`c
|ebp` i e q~iq`~sz si jsv fp~~`gs ke~h`s |ebp`'
J sm`z ci gis" mit`|`~" e q~iq`~sz itg`~ kez
q`sjsjig sm` evv`vvi~ si me|` mjv i~ m`~ evv`vv`c
|ebp` ~`cpf`c' S`v` c`fbjg`+jg+|ebp` q~iq`~sj`v e~`
i`g febb`c Q~iq = q~iq`~sj`v e`~ Q~iqivjsjig =
-5:4=*" tmjfm epsmi~j`v smjv evv`vvk`gs ~`cpfsjig
si ke~h`s |ebp`' Ljdp~` 0 jbbpvs~es`v sm` evv`vvk`gs
i e mzqism`sjfeb c`fbjg`+jg+|ebp` q~iq`~sz i|`~
sjk`' S` ke~h`s |ebp` i sm` q~iq`~sz qp~fmev`c
jg 5::0 vsezv eni|` jsv Q~iqivjsjig 56 evv`vv`c
|ebp` sm~ipdm >114' E vjdgjfegs c`fbjg`" mit`|`~"
c~iqv sm` q~iq`~szv ke~h`s |ebp` n`bit jsv
Q~iqivjsjig 56 evv`vv`c |ebp`' Es smjv sjk`" sm`
q~iq`~sz ~`f`j|`v e c`fbjg`+jg+|ebp` evv`vvk`gs
-`upeb si jsv ke~h`s |ebp`* smes jv b`vv smeg jsv
Q~iqivjsjig 56 evv`vvk`gs' Li~ sm~`` z`e~v" sm`
q~iq`~sz jv evv`vv`c es ke~h`s |ebp`" tmjfm kezjgf~`ev` i~ c`f~`ev` nz egz ekipgs' Nz >15>"
sm` q~iq`~szv ke~h`s |ebp` igf` edejg `}f``cv
tmes jsv evv`vv`c |ebp` tipbc me|` n``g env`gs
Q~iqivjsjig = -efupjvjsjig q~jf` qbpv sm` > q`~f`gs
ke}jkpk eggpeb jgf~`ev`*' Jg vpnv`up`gs z`e~v"
sm` q~iq`~szv evv`vv`c |ebp` jv c`s`~kjg`c nz jsv
efupjvjsjig q~jf` ecopvs`c pqte~c `efm z`e~'
Mik`itg`~v E~` @bjdjnb` i~ e Q~iq`~sz
e} @}`kqsjig' Mik`itg`~v kez fbejk e #4"111
`}`kqsjig ~ik sm` evv`vv`c |ebp` i sm`j~ q~jke~z
~`vjc`gf` `efm z`e~' Ev vmitg jg Ni} E i sm`
vekqb` q~iq`~sz se} njbb jg Ljdp~` 5" smjv }`kqsjig
bit`~v sm` evv`vv`c |ebp` i sm` mik`itg`~v begc egc
jkq~i|`k`gsv nz #4"111" ~`cpfjgd se}`v pgc`~ sm`
Evv`vv`c \ebp` Feg Lebb N`bit Q~iqivjsjig 56 \ebp`
Ljdp~` 0
511"111
501"111
>11"111
>01"111
611"111
#601"111
5::0 5::< 5::4 5::= 5::: >111 >115 >11> >116 >113 >110 >11< >114 >11= >11: >151 >155 >15>
Ke~h`s \ebp`Jgf~`ev`v i~ c`f~`ev`v nev`cig bifeb ~`eb vses` figcjsjigv'
Q~iq`~sz Qp~fmev`cEvv`vv`c es efupjvjsjig |ebp`'
Q~iq`~sz Evv`vv`ces Ke~h`s \ebp`
Q~iqivjsjig 56 \ebp`Jgf~`ev`v nz e ke}jkpk
il > q`~f`gs `efm z`e~'
E g B E I ^ ` q I ^ s
5> B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
13/48
5q`~f`gs ~es` nz #41 egc ~`cpfjgd se}`v ~ik |is`~+
eqq~i|`c c`ns ~es`v nz e vses`tjc` e|`~ed` i #='
ti zq`v i Q~iq`~sz E~` Evv`vv`c es S`j~
Ke~h`s \ebp`' ti fes`di~j`v i q~iq`~sz e~`
evv`vv`c es sm`j~ fp~~`gs ke~h`s |ebp`" ~esm`~ smeg
sm`j~ efupjvjsjig |ebp`? q`~vigeb q~iq`~sz egc vses`+evv`vv`c q~iq`~sz' -T` q~i|jc` ki~` jgi~kesjig
enips sm`v` q~iq`~sj`v jg sm` g`e~nz ni}'*
Fiknjg`c" sm`v` szq`v i q~iq`~sj`v effipgs`c i~
155+5>'
Kivs q`~vigeb q~iq`~sz egc vses`+evv`vv`c q~iq`~sz
jv se}`c es sm` 5q`~f`gs ~es` qbpv egz eccjsjigeb
~es`v i~ |is`~+eqq~i|`c c`ns'
Cs~jjd ism~ Se ec Fme~d
Ebb ism`~ se}`v egc fme~d`v ig sm` q~iq`~sz
se} njbb e~` febfpbes`c nev`c ig efsi~v ism`~ smeg
sm` q~iq`~szv evv`vv`c |ebp`' Li~ `}ekqb`" vik`
b`|j`v e~` nev`c ig sm` fivs i e v`~|jf` q~i|jc`c
si sm` q~iq`~sz' Ism`~v e~` nev`c ig sm` vj` i
e qe~f`b" jsv vupe~` iised`" gpkn`~ i ~iikv" i~
ism`~ fme~efs`~jvsjfv' N`bit" t` cjvfpvv sm~`` i
sm` kivs fikkig fes`di~j`v i gig+ec |ebi~`k
b`|j`v? evv`vvk`gsv" qe~f`b se}`v" egc K`bbi+^iiv
se}`v' Jg eccjsjig si sm`v` sm~`` fes`di~j`v" vik`
bifeb di|`~gk`gsv fibb`fs f`~sejg ``v i~ v`~|jf`
ig q~iq`~sz se} njbbv" vpfm ev fme~d`v si fb`e~ t``cvig q~iq`~sj`v tm`~` sm` t``cv q~`v`gs e ~` ve`sz
mee~c' S`v` ``v e~` cj|`~v` egc ~`besj|`bz kjgi~"
egc sm`~`i~` e~` gis `}ekjg`c jg smjv ~`qi~s'
Evv`vvk`gsv' Bifeb di|`~gk`gsv b`|z
evv`vvk`gsv jg i~c`~ si pgc jkq~i|`k`gsv smes
n`g`s ~`eb q~iq`~sz' Li~ `}ekqb`" tjsm sm` eqq~i|eb
i e`fs`c q~iq`~sz itg`~v" e fjsz i~ fipgsz kez
f~`es` e vs~``s bjdmsjgd evv`vvk`gs cjvs~jfs si pgc
sm` figvs~pfsjig" iq`~esjig" egc kejgs`gegf` i
vs~``s bjdmsjgd jg eg e~`e' Pgc`~ Q~iqivjsjig>5=
-5::
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
14/48
smipdm sm`v` q~id~ekv kez jgf~`ev` sm` |ebp` i
q~iq`~sz' Ki~`i|`~" sm` ekipgs `efm q~iq`~sz
itg`~ qezv kpvs ~`l`fs sm` fivs jgfp~~`c nz sm`
bifeb di|`~gk`gs si q~i|jc` sm` jkq~i|`k`gs egc
sm` n`g`s sm` q~iq`~sz ~`f`j|`v ~ik js' i jkqiv` e
g`t evv`vvk`gs" e bifeb di|`~gk`gs kpvs v`fp~` sm`eqq~i|eb i e t`jdms`c keoi~jsz i e`fs`c q~iq`~sz
itg`~v" tjsm `efm q~iq`~sz itg`~v |is` t`jdms`c
jg q~iqi~sjig si sm` ekipgs i sm` evv`vvk`gs m` i~
vm` tipbc qez'
Qe~f`b e}`v' Tjsm sm` eqq~i|eb i sti+smj~cv
i |is`~v" bifeb di|`~gk`gsv kez jkqiv` e se}
ig ebb qe~f`bv jg sm`j~ op~jvcjfsjig -i~ e vpnv`s i
qe~f`bv jg sm`j~ op~jvcjfsjig*' Bifeb di|`~gk`gsv
szqjfebbz v`s qe~f`b se}`v es }`c ekipgsv q`~
qe~f`b -i~ }`c ekipgsv q`~ ~iik i~ q`~ vupe~`
iis i sm` qe~f`b*' Pgbjh` evv`vvk`gsv" qe~f`b se}
~`|`gp` kez n` pv`c si pgc e |e~j`sz i bifeb
di|`~gk`gs v`~|jf`v" `|`g j sm` v`~|jf` ci`v gis
n`g`s sm` q~iq`~sz cj~`fsbz' Li~ `}ekqb`" vfmiib
cjvs~jfsv kez pv` qe~f`b se} ~`|`gp` si qez s`efm`~
vebe~j`v i~ eckjgjvs~esj|` fivsv' S` pv` i qe~f`b
se} ~`|`gp`" mit`|`~" jv ~`vs~jfs`c si sm` qpnbjf
q~id~ekv" v`~|jf`v" i~ q~io`fsv smes |is`~v eqq~i|`c
tm`g `gefsjgd sm` qe~f`b se}'
K`bbi+^iiv e}`v' K`bbi+^iiv se}`v e~` e
l`}jnb` ~`|`gp` vip~f` i~ bifeb di|`~gk`gsv
n`fepv` sm`z -5* kez n` pv`c si pgc jg~evs~pfsp~`
q~io`fsv i~ f`~sejg v`~|jf`v8 ->* kez n` b`|j`c
jg q~iqi~sjig si sm` n`g`s e q~iq`~sz ~`f`j|`v"
`upebbz ig ebb qe~f`bv" nz vupe~` iised`" i~ nz ism`~efsi~v8 egc -6* e~` fibb`fs`c tjsmjg e d`id~eqmjfeb
e~`e c~etg nz bifeb ifjebv'
Bifeb di|`~gk`gsv i`g pv` K`bbi+^iiv
se}`v si qez i~ sm` qpnbjf v`~|jf`v egc efjbjsj`v
evvifjes`c tjsm ~`vjc`gsjeb egc fikk`~fjeb
c`|`biqk`gs' Sjv iffp~v n`fepv` begcitg`~v
kez eqq~i|` K`bbi+^iiv se}`v nz e vq`fjeb
sti+smj~cv |is``efm itg`~ ~`f`j|jgd ig` |is`
q`~ ef~` itg`ctm`g `t`~ smeg 5> ~`djvs`~`c
|is`~v ~`vjc` jg sm` q~iqiv`c cjvs~jfs' Jg smjv tez"
e c`|`biq`~ tmi itgv e be~d` s~efs i begc fipbc
|is` si c`vjdges` js ev e K`bbi+^iiv cjvs~jfs' E`~
sm` begc jv c`|`biq`c egc vibc si ~`vjc`gsjeb egc
fikk`~fjeb q~iq`~sz itg`~v" sm` g`t itg`~v qez
sm` K`bbi+^iiv se} smes pgcv vfmiibv" bjn~e~j`v"
qibjf` egc ~` vsesjigv" i~ ism`~ qpnbjf efjbjsj`v egc
v`~|jf`v jg sm` g`t fikkpgjsz' K`bbi+^iiv se}`v
e~` vpno`fs si sti+smj~cv |is`~ eqq~i|eb tm`g sm`~`
e~` 5> i~ ki~` |is`~v jg sm` q~iqiv`c cjvs~jfs'
TMES Q^iQ`^SJ`v E^` SE}`C9
Q~iq`~sz se}`v egc fme~d`v e~` jkqiv`c ig
kegz szq`v i q~iq`~sj`v' S`v` q~iq`~sj`v jgfbpc`
fikkig szq`v vpfm ev itg`~+iffpqj`c mik`v egc
fikk`~fjeb if` vqef`" ev t`bb ev b`vv fikkig
szq`v bjh` sjk`vme~`v egc niesjgd cifhv' Jg sm`
v`fsjig n`bit" t` c`vf~jn` sm` vses`v q~iq`~sz se}
nev`sm` szq`v i ~`eb q~iq`~sj`v smes e~` vpno`fs
si sm` 5 q`~f`gs ~es` egc sm` vme~` i siseb evv`vv`c
|ebp` smes `efm q~iq`~sz szq` ~`q~`v`gsv'
Cp` si cese bjkjsesjigv" t` ci gis vpkke~j`
sm` se} nev`v i ism`~ se}`v egc fme~d`v' T` gis`"
mit`|`~" smes sm` q~iq`~sz se} nev` i~ ism`~ se}`v
egc fme~d`v jv cj`~`gs ~ik sm` se} nev` i~ sm`
5 q`~f`gs ~es`' Sjv jv n`fepv` sm` 5 q`~f`gs ~es`
eqqbj`v pgji~kbz si ebb se}enb` ~`eb q~iq`~sz"
tm`~`ev ism`~ se}`v egc fme~d`v e~` b`|j`c es
|e~jipv b`|`bv egc ig |e~jipv szq`v i q~iq`~sz
sm~ipdmips sm` vses` -effi~cjgd si bifeb |is`~ i~
bifeb di|`~gk`gs q~``~`gf`v*' Li~ `}ekqb`" j
e vpnp~neg vfmiib cjvs~jfs b`|j`v e qe~f`b se} ig
`efm qe~f`b jg e ~`vjc`gsjeb e~`e" sm` itg`~v i
vjgdb`+ekjbz mik`v tipbc qez e be~d` vme~` i sm`
siseb qe~f`b se}`v' Effi~cjgdbz" sm` vfmiib cjvs~jfsv
qe~f`b se} nev` tipbc n` ki~` m`e|jbz ~`vjc`gsjeb
E g B E I ^ ` q I ^ s
53 B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
15/48
smeg sm` vses`tjc` q~iq`~sz se} nev` pgc`~ sm`
5 q`~f`gs ~es` -tmjfm eqqbj`v si ebb se}enb`
q~iq`~sz*'
Tmes Q~q~sj E~
vpnofs s sm 5 Q~fs ^es9Ebsmipdm kivs ~`eb q~iq`~sz jv se}enb`"
sm` Figvsjspsjig `}`kqsv f`~sejg szq`v i ~`eb
q~iq`~sz ~ik se}esjig' Jg d`g`~eb" sm`v` e~`
di|`~gk`gs q~iq`~sj`v i~ q~iq`~sj`v smes e~` pv`c
i~ gig+fikk`~fjeb qp~qiv`v" jgfbpcjgd mivqjsebv"
~`bjdjipv q~iq`~sj`v" fme~jsj`v" egc gigq~is
vfmiibv egc fibb`d`v' Febji~gje q~iq`~sj`v smes
e~` vpno`fs si sm` q~iq`~sz se}" mit`|`~" feg n`
fbevvj`c jg sm~`` tezv?
Itg`~+iffpqj`c ~`vjc`gsjebq~iq`~sj`v
smes ~`f`j|` sm` vses`v mik`itg`~v
`}`kqsjig" tmjfm mik`itg`~v kez fbejk
ig sm`j~ q~jke~z ~`vjc`gf`'
Jg|`vsk`gs egc |efesjig ~`vjc`gsjeb
~`vjc`gsjeb q~iq`~sj`v ism`~ smeg smiv`
pv`c ev e q~jke~z
~`vjc`gf`"
jgfbpcjgdkpbsjekjbz
eqe~sk`gsv" ~`gseb
figcikjgjpkv"
~`gseb mik`v"
|efegs ~`vjc`gsjeb
begc" egc |efesjig
mik`v'
Fikk`~fjeb
~`sejb q~iq`~sj`v"jgcpvs~jeb qbegsv"
e~kv" egc ism`~
jgfik`+q~icpfjgd
q~iq`~sj`v'
Cjs~jnpsj sm
Se Ne ~ sm 5Q~fs ^es
Itg`~+Iffpqj`c `vjc`gsjeb' Jg >151+55"
sm`~` t`~` 0'0kjbbjig itg`~+iffpqj`c mik`v
jg Febji~gje tjsm e siseb evv`vv`c |ebp` i
#5'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
16/48
i sm`v` q~iq`~sj`v tev enips #5'3s~jbbjig" tmjfm
~`q~`v`gsv 63q`~f`gs i sm` vses`v siseb evv`vv`c
|ebp`'
Fikk`~fjeb' Jg >151+55" sm`~` t`~`
eqq~i}jkes`bz 5'6kjbbjig fikk`~fjeb q~iq`~sj`v
jg Febji~gje' Sjv ekipgs jgfbpc`v enips15>' Jg eccjsjig" sm` evv`vv`c
|ebp` i fikk`~fjeb q~iq`~sz jg Vegse Fbe~e Fipgsz
mev c`fbjg`c -ev e vme~` i sm` fipgsz siseb* ~ik
>: q`~f`gs si >3 q`~f`gs vjgf` 5:::+11'
Tmes Lefs~ ke Me| Fs~jnpsc s
Fmed j sm Q~q~s Se Ne9
\e~jipv `figikjf fmegd`v smes me|` seh`g
qbef` i|`~ sjk` q~inenbz me|` figs~jnps`c si
fmegd`v si Febji~gjev q~iq`~sz se} nev`' Li~
`}ekqb`" jg|`vsk`gs jg ~`vjc`gsjeb q~iq`~sz mev
jgf~`ev`c vjdgjfegsbz vjgf` sm` kjc+5:41v' G`tbz
npjbs vjgdb`+ekjbz mik`v me|` n`fik` be~d`~ egc
e~` ki~` bjh`bz si me|` |ebpenb` ek`gjsj`v smeg
mik`v npjbs `e~bj`~' Ev e ~`vpbs" g`t mik`v e~`
ki~` `}q`gvj|` si npjbc egc evv`vv`c es mjdm`~
ekipgsv smeg ibc`~ mik`v' I|`~ sm` vek` q`~jic"
fikk`~fjeb efsj|jsz jg Febji~gje mev vmj`c etez
~ik s~ecjsjigeb kegpefsp~jgd" tmjfm s`gcv si
~`bz m`e|jbz ig ~`eb q~iq`~sz' G`t`~ npvjg`vv`v" igsm` ism`~ megc" e~` ki~` bjh`bz si n` s`fmgibidz
egc jgi~kesjig v`~|jf`v nev`c' S`v` npvjg`vv`v
s`gc si itg b`vv ~`eb q~iq`~sz smeg s~ecjsjigeb
kegpefsp~jgd ~kv ci' -`fmgibidz egc
jgi~kesjig v`~|jf`v ~kv" mit`|`~" ~`bz m`e|jbz
ig npvjg`vv q`~vigeb q~iq`~szi~ `}ekqb`"
fikqpsjgd vzvs`kv" c`vjdg vspcjiv" egc if`
`upjqk`gssmes e~` se}`c ev q`~vigeb q~iq`~sz
egc gis jgfbpc`c jg sm` cjvs~jnpsjig i sm` vses`v
~`eb q~iq`~sz se} nev`'*
Js ebvi jv qivvjnb` smes Q~iqivjsjig 56v
efupjvjsjig |ebp` evv`vvk`gs vzvs`k mev qbez`c
e ~ib` jg sm` fmegd`v si Febji~gjev se} nev`'
Vq`fjfebbz" pgc`~ Q~iqivjsjig 56" q~iq`~sj`v
smes fmegd` itg`~vmjq ki~` ~`up`gsbz s`gc si
n` evv`vv`c ki~` fbiv`bz si ke~h`s |ebp` smeg
q~iq`~sj`v smes sp~g i|`~ b`vv ~`up`gsbz' -N`fepv`
q~iq`~sj`v e~` evv`vv`c si ke~h`s |ebp` tm`g
sm`z fmegd` itg`~vmjq" q~iq`~sj`v smes me|` gisfmegd`c itg`~vmjq jg kegz z`e~v s`gc si me|`
be~d`~ deqv n`st``g sm`j~ evv`vv`c |ebp`v egc
ke~h`s |ebp`v'* Js jv qivvjnb` smes vik` fes`di~j`v i
q~iq`~sj`v fmegd` itg`~vmjq ki~` ~`up`gsbz smeg
ism`~v egc smjv fipbc jglp`gf` sm` fikqivjsjig
i sm` i|`~ebb se} nev`' S` bjkjs`c e|ejbenb`
~`v`e~fm vpdd`vsv smes jg|`vsk`gs egc |efesjig
E g B E I ^ ` q I ^ s
5
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
17/48
~`vjc`gsjeb q~iq`~sj`v
fmegd` itg`~vmjq
ki~` ~`up`gsbz smeg
fikk`~fjeb i~ itg`~+
iffpqj`c ~`vjc`gsjeb
q~iq`~sz" jgcjfesjgd smessm`z kez n` evv`vv`c
fbiv`~ si ke~h`s |ebp`
smeg ism`~ szq`v i
q~iq`~sz'
Mit KpfM
^`|`gp` Jv
fibb`fs`c9
Jg >151+55" Febji~gje
q~iq`~sz se} njbbv siseb`c
#00 njbbjig' Ev vmitg
jg Ljdp~`4" smjv ekipgs
jgfbpc`c #36'>njbbjig
pgc`~ sm` 5q`~f`gs
~es` egc #0'4njbbjig ~ik |is`~+eqq~i|`c c`ns
~es`v" kehjgd ec |ebi~`k q~iq`~sz se}`v ig` i
Febji~gjev be~d`vs ~`|`gp` vip~f`v'
Fikqe~esj|`bz bjssb` jv hgitg enips sm`~`kejgjgd #151+55 -Jg Njbbjigv*
Q~iq`~sz Se} ^`|`gp` Fikqe~`cTjsm Ism`~ Keoi~ ^`|`gp` Vip~f`v
Ljdp~` 4
5 Q`~f`gs ^es`
\is`~+Eqq~i|`cC`ns ^es`v
Ism`~ Se}`vegc Fme~d`v
51
>1
61
31
01
#
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
18/48
#36njbbjig jg >151+55' Ig e szqjfeb q~iq`~sz
se} njbb" mit`|`~" sm` 5q`~f`gs ~es` jv bjvs`c ev
sm` d`g`~eb se} b`|z i~ fipgsztjc` ~es` tjsm gi
jgcjfesjig ev si tmjfm bifeb di|`~gk`gsv ~`f`j|`
sm` ~`|`gp` i~ i~ tmes qp~qiv` sm` pgcv e~` pv`c'
Jg d`g`~eb" fipgsz epcjsi~v ebbifes` ~`|`gp` ~iksm` 5q`~f`gs ~es` si e |e~j`sz i bifeb di|`~gk`gsv
tjsmjg sm` fipgsz qp~vpegs si e v`~j`v i fikqb`}
vses` vsesps`v'
Ki~` Seg 3"111 Bifeb Di|`~gk`gsv ^`f`j|`
^`|`gp` L~ik sm` 5Q`~f`gs ^es`' Ebb q~iq`~sz
se} ~`|`gp` ~`kejgv tjsmjg sm` fipgsz jg tmjfm
js jv fibb`fs`c si n` pv`c `}fbpvj|`bz nz bifeb
di|`~gk`gsv' Ev vmitg jg Ljdp~`=" q~iq`~sz se}
~`|`gp` ~ik sm` 5q`~f`gs ~es` jv cjvs~jnps`c si
fipgsj`v" fjsj`v" H+5> vfmiibv" fikkpgjsz fibb`d`
cjvs~jfsv" egc vq`fjeb cjvs~jfsv' Pgsjb ~`f`gsbz"
~`c`|`biqk`gs ed`gfj`v ebvi ~`f`j|`c q~iq`~sz
se} ~`|`gp`' Ev c`vf~jn`c jg sm` g`e~nz ni}"
~`c`|`biqk`gs ed`gfj`v t`~` cjvvib|`c jg >15>" npse be~d` ekipgs i q~iq`~sz se} ~`|`gp` figsjgp`v
si n` pv`c si qez sm` i~k`~ ed`gfj`v c`nsv egc
inbjdesjigv'
Ljdp~` : vmitv sm` vme~` i ~`|`gp` ~`f`j|`c nz
`efm szq` i bifeb di|`~gk`gs ~ik sm` 5 q`~f`gs
~es` egc |is`~+eqq~i|`c c`ns ~es`v' -Ev c`vf~jn`c
bes`~ jg sm` ~`qi~s" mit`|`~" sm`v` vme~`v |e~z
vjdgjfegsbz nz bifebjsz'*
Q~iq`~sz e}`v Ebvi E`fs sm` Vses` Npcd`s'
Ebsmipdm sm` vses` ci`v gis ~`f`j|` egz q~iq`~sz
se} ~`|`gp` cj~`fsbz" sm` vses` mev e vpnvsegsjeb
vfeb jgs`~`vs jg sm` cjvs~jnpsjig i q~iq`~sz
se} ~`|`gp` ~ik sm` 5q`~f`gs ~es` n`fepv` i
sm` vses`v `cpfesjig gegf` vzvs`k' @efm H+5>
cjvs~jfs ~`f`j|`v ~`|`gp` bjkjs pgcjgdsm`
be~d`vs vip~f` i pgcjgd i~ cjvs~jfsv~ik sm`
fiknjgesjig i bifeb q~iq`~sz se} ~`|`gp` pgc`~
sm` 5q`~f`gs ~es` egc vses` ~`vip~f`v' Spv" j
e H+5> cjvs~jfsv bifeb q~iq`~sz se} ~`|`gp` jvgis vpfj`gs si k``s jsv ~`|`gp` bjkjs" sm` vses`
q~i|jc`v eccjsjigeb pgcv' Fikkpgjsz fibb`d`v
me|` e vjkjbe~ gegfjgd vzvs`k" jg tmjfm `efm
cjvs~jfs ~`f`j|`v eqqi~sjigk`gs pgcjgd ~ik
bifeb q~iq`~sz se} ~`|`gp`" vspc`gs ``v" egc vses`
~`vip~f`v' Jg >151+55" sm` vses` figs~jnps`c
#>>'0 njbbjig si H+5> ~`|`gp` bjkjsv egc fikkpgjsz
fibb`d` eqqi~sjigk`gsv" tmjb` sm` ~`kejgc`~
-#53'0 njbbjig* fek` ~ik bifeb q~iq`~sz se}
~`|`gp` -egc vspc`gs ``v*'
Vses` Betv Cj~`fs Ebbifesjig i ^`|`gp`
L~ik sm` 5Q`~f`gs ^es`' S` fipgsz epcjsi~ jv
~`vqigvjnb` i~ ebbifesjgd ~`|`gp` d`g`~es`c ~ik
sm` 5q`~f`gs ~es` si bifeb di|`~gk`gsv qp~vpegs
si vses` bet' S` ebbifesjig vzvs`k jv fikkigbz
~``~~`c si ev EN =" e`~ sm` njbb smes ~vs
Ljdp~` =
Mit Kegz Bifeb Di|`~gk`gsv ^`f`j|`
^`|`gp` L~ik sm` 5 Q`~f`gs ^es`9
Szq` il Bifeb Di|`~gk`gs Gpkn`~
Fipgsj`v 0=
Fjsj`v 3=1
Vfmiibv egc Fikkpgjsz Fibb`d`v
H+5> vfmiib cjvs~jfsv :
Vq`fjeb Cjvs~jfsvLj~` q~is`fsjig 63=
Fipgsz v`~|jf` e~`e 6535
Fikkpgjsz v`~|jf`v >15
Kejgs`gegf` 5615>' Q~ji~ si sm`j~ cjvvibpsjig" mit`|`~" ~`c`|`biqk`gs ed`gfj`v ~`f`j|`c i|`~ #0njbbjig jg q~iq`~sz
se} ~`|`gp` eggpebbz' S`v` kigj`v t`~` pv`c si qez i s`gv i njbbjigv i cibbe~v i ipsvsegcjgd
nigcv" figs~efsv" egc biegv'
Jg kivs fev`v" sm` fjsz i~ fipgsz smes f~`es`c sm` ~`c`|`biqk`gs ed`gfz jv kegedjgd jsv
cjvvibpsjig ev jsv vpff`vvi~ ed`gfz' S` vpff`vvi~ ed`gfz keged`v ~`c`|`biqk`gs q~io`fsv fp~~`gsbz
pgc`~tez" qezv `}jvsjgd c`nsv egc inbjdesjigv" egc cjvqiv`v i ~`c`|`biqk`gs evv`sv egc q~iq`~sj`v'
S` vpff`vvi~ ed`gfz jv pgc`c ~ik sm` q~iq`~sz se} ~`|`gp` smes q~`|jipvbz tipbc me|` n``g
cjvs~jnps`c si sm` ~`c`|`biqk`gs ed`gfz' Ev e ~`vpbs" `|`g smipdm ~`c`|`biqk`gs ed`gfj`v me|`
n``g cjvvib|`c" vik` q~iq`~sz se} ~`|`gp` figsjgp`v si n` pv`c si qez ~`c`|`biqk`gsv c`nsv egc
inbjdesjigv' I|`~ sjk`" kivs ~`c`|`biqk`gs inbjdesjigv tjbb n` ~`sj~`c egc sm` q~iq`~sz se} ~`|`gp`
fp~~`gsbz cjvs~jnps`c si vpff`vvi~ ed`gfj`v tjbb n` cjvs~jnps`c si H+53 cjvs~jfsv" fipgsj`v" fjsj`v" egc
vq`fjeb cjvs~jfsv'
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` 5:
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
20/48
sm`v` ~es`v' -S` e|`~ed` q~iq`~sz se} ~es` siseb`c
enips >'4 q`~f`gs'* Ev e ~`vpbs" bifeb di|`~gk`gsv
smes ~`f`j|`c e be~d` vme~` i q~iq`~sz se}`v jg sm`
5:41v szqjfebbz ~`f`j|` e ~`besj|`bz be~d` vme~` i
~`|`gp` ~ik sm` 5q`~f`gs ~es` pgc`~ EN =' -Ki~`
c`sejb ig sm` mjvsi~z i sm` vses`v q~iq`~sz se}ebbifesjig vzvs`kjgfbpcjgd EN =jv q~i|jc`c jg
sm` eqq`gcj} i smjv ~`qi~s'*
^`|`gp` Ebbifes`c nz e} ^es` E~`e
-^E*' S` fipgsz epcjsi~ ebbifes`v sm` ~`|`gp`
si bifeb di|`~gk`gsv nz ^E' E ^E jv e
vkebb d`id~eqmjfeb e~`e tjsmjg sm` fipgsz smes
figsejgv q~iq`~sj`v smes e~` ebb v`~|`c nz e pgjup`
fiknjgesjig i bifeb di|`~gk`gsvsm` fipgsz" e
fjsz" egc sm` vek` v`s i vq`fjeb cjvs~jfsv egc vfmiib
cjvs~jfsv' E vjgdb` fipgsz kez me|` smipvegcv i
^Ev' Tmjb` sm`~` jv figvjc`~enb` |e~jesjig jg
sm` vs`qv fipgsz epcjsi~v pv` si ebbifes` ~`|`gp`
tjsmjg efm ^E" szqjfebbz sm` fipgsz epcjsi~
eggpebbz c`s`~kjg`v mit kpfm ~`|`gp` tev
fibb`fs`c jg `efm ^E egc ~vs ebbifes`v si `efm
bifeb di|`~gk`gs jg sm` ^E sm` vek` ekipgs
i ~`|`gp` js ~`f`j|`c jg sm` q~ji~ z`e~' @efm bifeb
di|`~gk`gs sm`g ~`f`j|`v e vme~` i egz d~itsm
-i~ bivv* jg ~`|`gp` smes iffp~~`c tjsmjg sm` ^Esmes z`e~' @efm ^E mev e v`s i d~itsm efsi~v smes
vq`fjz sm` q~iqi~sjig i ~`|`gp` d~itsm smes di`v
si `efm bifeb di|`~gk`gs' S`v` efsi~vc`|`biq`c
nz fipgsz epcjsi~v qp~vpegs si EN =e~`
be~d`bz nev`c ig sm` vme~` i ~`|`gp` `efm bifeb
di|`~gk`gs ~`f`j|`c ~ik sm` ^E cp~jgd sm` bes`
5:41v'
Ljdp~`51 vmitv vekqb` d~itsm efsi~v i~
^Ev jg sti Febji~gje fjsj`v' Ev sm` dp~`
jgcjfes`v" >6q`~f`gs i egz d~itsm jg ~`|`gp` ~ik
sm` 5q`~f`gs ~es` jg sm` vekqb` ^E i~ Gi~tebh
tipbc n` ebbifes`c si sm` fipgsz" 4q`~f`gs tipbc
di si sm` fjsz" egc sm` ~`vs tipbc n` ebbifes`c si
|e~jipv `cpfesjigeb `gsjsj`v egc vq`fjeb cjvs~jfsv'
S` q`~f`gsed` i q~iq`~sz se} d~itsm ebbifes`c
si `efm szq` i bifeb di|`~gk`gs feg |e~z
vjdgjfegsbz nz ^E' Li~ `}ekqb`" Tebgps F~``hv
H+5> vfmiib cjvs~jfs ~`f`j|`v 66q`~f`gs i sm`
d~itsm jg ~`|`gp` tjsmjg jsv ^E tmjb` Gi~tebhv
vfmiib cjvs~jfs ~`f`j|`v igbz 5:q`~f`gs ~ik jsv
^E' Ev gis`c eni|`" smjv |e~jesjig jv nev`c be~d`bz
ig mjvsi~jfeb efsi~v vq`fj`c jg EN ='Vik` ^`|`gp` Jv Ebbifes`c si e Fipgsztjc`
Effipgs@^EL' Kivs i sm` ~`|`gp` ~ik sm`
5q`~f`gs ~es` fibb`fs`c tjsmjg e ^E jv ebbifes`c
si sm` fjsz" fipgsz" H+53 cjvs~jfsv" egc vq`fjeb
cjvs~jfsv smes v`~|` sm` q~iq`~sj`v jg smes ^E' Vses`
bet" mit`|`~" cj~`fsv sm` fipgsz epcjsi~ si vmj e
qi~sjig i smjv ~`|`gp` si e fipgsztjc` effipgs
smes jv cjvs~jnps`c si ism`~ bifeb di|`~gk`gsv
smes ci gis g`f`vve~jbz v`~|` sm` se}`c q~iq`~sj`v'
S` vses` i~jdjgebbz `vsenbjvm`c smjv effipgssm`
@cpfesjigeb ^`|`gp` Epdk`gsesjig Lpgc
-@^EL*si q~i|jc` eccjsjigeb pgcv si H+53
cjvs~jfsv smes ci gis ~`f`j|` vpfj`gs q~iq`~sz se}
~`|`gp` si k``s sm`j~ kjgjkpk pgcjgd b`|`b' Vses`
betv bes`~ `}qegc`c sm` pv` i @^EL si jgfbpc`
~`jknp~vjgd fjsj`v egc fipgsj`v i~ sm` bivv i
ism`~ bifeb ~`|`gp` vip~f`v -sm` |`mjfb` bjf`gv` ``
egc veb`v se}* cp` si fmegd`v jg vses` qibjfz' Li~
`}ekqb`" Ljdp~` 51 vmitv smes >1q`~f`gs i egz~`|`gp` d~itsm tjsmjg Gi~tebhv ^E jv c`qivjs`c
jgsi @^EL' Js jv qivvjnb` smes vik` i~ ebb i smjv
~`|`gp` fipbc n` ebbifes`c si e fjsz i~ H+53 cjvs~jfs
jg e cj`~`gs qe~s i Biv Egd`b`v Fipgsz'
ks |p L~ \s~+Eqq~|c
Cns Cjs~jnpsc s vfmb
\is`~+eqq~i|`c c`ns ~es`v e~` b`|j`c ig
q~iq`~sz itg`~v vi smes bifeb di|`~gk`gsv feg
qez sm` c`ns v`~|jf` ig |is`~+eqq~i|`c d`g`~eb
inbjdesjig nigcv -egc q~`+5:4= |is`~+eqq~i|`c
inbjdesjigv*' S` vses`v H+5> vfmiib cjvs~jfsv ~`f`j|`
sm` keoi~jsz i sm` ~`|`gp` ~ik |is`~+eqq~i|`c
c`ns ~es`v -#6'5njbbjig i #0'>njb bjig jg >11:+51*'
S` ekipgs ~`f`j|`c nz fjsj`v -#0>1kjbbjig*"
vq`fjeb cjvs~jfsv -#341kjbbjig*" egc fipgsj`v
E g B E I ^ ` q I ^ s
>1 B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
21/48
Ljdp~` 51
Ebbifesjig il Q~iq`~sz Se} D~itsm jg Vekqb` Se} es` E~`ev
Gi~tebh" Biv Egd`b`v FipgszeQ`~f`gsVme~`
Biv Egd`b`v Fipgsz >6%
@cpfesjigeb `|`gp` Epdk`gsesjig Lpgc >1
Gi~tebh+Be Kj~ece Pgjl`c Vfmiib Cjvs~jfs 5:
Biv Egd`b`v Fipgsz Lj~` Q~is`fsjig Cjvs~jfs 5=
Fjsz i Gi~tebh 4
Gi~tebh Qe~hv egc `f~`esjig Cjvs~jfs 6
Biv Egd`b`v Fipgsz Bjn~e~z >Be Kj~ece Qe~hv egc `f~`esjig Cjvs~jfs >
F`~~jsiv Fikkpgjsz Fibb`d` Cjvs~jfs >
Biv Egd`b`v Fipgsz Lbiic Figs~ib Cjvs~jfs 5
Biv Egd`b`v Fipgsz Vegjsesjig Cjvs~jfs 5
D~`es`~ Biv Egd`b`v Fipgsz \`fsi~ Figs~ib n
Tes`~ `qb`gjvmk`gs Cjvs~jfs i Vipsm`~g Febji~gje n
Bjssb` Beh` F`k`s`~z Cjvs~jfs n
Biv Egd`b`v Fipgsz C`qe~sk`gs i @cpfesjig n
511%
Tebgps F~``h" Figs~e Fivse FipgszfQ`~f`gs
Vme~`
Kipgs Cjenbi Pgjl`c Vfmiib Cjvs~jfs 66%@cpfesjigeb `|`gp` Epdk`gsesjig Lpgc 54
Figs~e Fivse Fipgsz 56
Figs~e Fivse Fipgsz Lj~` 56
Fjsz i Tebgps F~``h :
Figs~e Fivse Fikkpgjsz Fibb`d` Cjvs~jfs 0
@evs Nez `djigeb Qe~h Cjvs~jfs 6
Figs~e Fivse Fipgsz Bjn~e~z >
F`gs~eb Figs~e Fivse Vegjse~z Cjvs~jfs >
Figs~e Fivse Fipgsz Ilf` i @cpfesjig 5
Figs~e Fivse Fipgsz Lbiic Figs~ib 5
Nez E~`e ^eqjc S~egvjs 5
Figs~e Fivse Tes`~ Cjvs~jfs 5
Figs~e Fivse Fipgsz Tes`~ Ed`gfz nFigs~e Fivse Fipgsz `vip~f` Figv`~|esjig Cjvs~jfs n
Figs~e Fivse Fipgsz Kivupjsi Enes`k`gs Cjvs~jfs n
Figs~e Fivse Fipgsz V`~|jf` E~`e += n
Nez E~`e Ej~ Keged`k`gs Cjvs~jfs n
511%e Q`~f`gsed`v jgcjfes` ebbifesjig i sm` d~itsm jg q~iq`~sz se}`v jg Biv Egd`b`v Fipgsz se} ~es` e~`e 11kjbbjig* jv vjdgjfegsbz b`vv' S` ekipgs
i se}`v fibb`fs`c si qez |is`~+eqq~i| c c`ns
|e~j`v figvjc`~enbz ef~ivv sm` vses`' Li~ `}ekqb`"
sm` e|`~ed` ekipgs qejc nz eg Ebek`ce Fipgsz
q~iq`~sz itg`~ i~ |is`~+eqq~i|`c c`ns ~es`v jv
enips #> i~ `efm #5"111i evv`vv`c |ebp`" tmjb`
sm` e|`~ed` ekipgs qejc
jg vik` fipgsj`v jv b`vv
smeg 51 f`gsv q`~ #5"111 i
evv`vv`c |ebp`'
Bjjsc J~esj
Enps Cjs~jnpsj
i ism~ Q~q~s
Se ec Fme~d
B`vv jgi~kesjig
jv e|ejbenb` enips sm`
vses`tjc` cjvs~jnpsjig i
sm` ~`|`gp` ~ik qe~f`b
se}`v" K`bbi+^iiv se}`v"
egc evv`vvk`gsv'
Qe~f`b e}`v' ^`f`gs
`b`fsjig ~`qi~sv egc
gegfjeb cese vpdd`vs smesqe~f`b se}`v ~`q~`v`gs e
vjdgjfegs egc d~itjgd
vip~f` i ~`|`gp` i~
vik` bifeb di|`~gk`gsv'
Vq`fjfebbz" n`st``g
>115 egc >15>" bifeb
|is`~v eqq~i|`c enips
5=1 qe~f`b se} k`evp~`v
si pgc fjsj`v" fipgsj`v"
egc vq`fjeb cjvs~jfsv" egc
enips 560 k`evp~`v si
pgc H+5> cjvs~jfsv' S`
kivs ~`f`gs H+5> gegfjeb
cese ->11:+51* jgcjfes`
smes vfmiibv ~`f`j|`c
enips #601kjbbjig ~ik
smjv vip~f`' T` t`~` gis enb` si bifes` jgi~kesjig
ig sm` vses`tjc` ekipgs i qe~f`b se} ~`|`gp`
fibb`fs`c nz fjsj`v" fipgsj`v" egc vq`fjeb cjvs~jfsv'
K`bbi+^iiv e}`v' K`bbi+^iiv cjvs~jfsv e~`
~`upj~`c si ~`qi~s ig sm`j~ nigc jvvpegf`" tmjfm
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` >5
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
22/48
q~i|jc`v vik` jgi~kesjig enips sm` szq`v i bifeb
di|`~gk`gsv smes ~`f`j|` K`bbi+^iiv se} ~`|`gp`'
Js jv bjh`bz smes bifeb di|`~gk`gsv jvvpjgd e be~d`
ekipgs i K`bbi+^iiv nigcv ebvi e~` fibb`fsjgd e
be~d` ekipgs i K`bbi+^iiv se} ~`|`gp`' N`st``g
>113 egc >155" fjsj`v jvvp`c enips 01q`~f`gs i sm`nigcv jvvp`c nz K`bbi+^iiv cjvs~jfsv jg Febji~gje"
ibbit`c nz H+5> cjvs~jfsv es enips 61q`~f`gs'
Cp~jgd sm` vek` sjk` q`~jic" sm` jvvpegf` i
K`bbi+^iiv nigcv tev figf`gs~es`c jg vq`fjf
~`djigv" ev ki~` smeg
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
23/48
Q~j~ P ^c|bqs
Q~ji~ c`fjvjigv nz fjsj`v egc fipgsj`v si pv`
~`c`|`biqk`gs ebvi jglp`gf`v sm` ekipgs i
q~iq`~sz se} ~`|`gp` bifeb di|`~gk`gsv ~`f`j|`'
Q~ji~ si sm` cjvvibpsjig i ~`c`|`biqk`gs ed`gfj`v
jg >15>" kivs i sm` d~itsm jg q~iq`~sz se}`v
~ik ~`c`|`biqk`gs q~io fs e~`ev t`gs si sm`
~`c`|`biqk`gs ed`gfz" ~esm`~ smeg ism`~ bifeb
di|`~gk`gsv' E be~d` vme~` i q~iq`~sz se} ~`|`gp`
git di`v si vpff`vvi~ ed`gfj`v si qez sm` i~k`~
~`c`|`biqk`gs ed`gfj`v c`nsv egc inbjdesjigv' S`
pv` i ~`c`|`biqk`gs |e~j`c `}s`gvj|`bz sm~ipdmips
sm` vses`' Jg smiv` fikkpgjsj`v tjsm kegz
~`c`|`biqk`gs q~io`fs e~`ev" sm` vme~` i q~iq`~sz
se} ~`|`gp` dijgd si ism`~ bifeb di|`~gk`gsv jvb`vv smeg js tipbc n` ism`~tjv`' Jg qbef`v tjsm
be~d` ~`c`|`biqk`gs q~io`fs e~`evvpfm ev Veg
N`~ge~cjgi egc ^j|`~vjc` fipgsj`vki~` smeg
>1q`~f`gs i sm` fipgszv q~iq`~sz se} ~`|`gp` kez
di si qez sm` i~k`~ ~`c`|`biqk`gs ed`gfj`v c`nsv
egc inbjdesjigv'
vses Ebbfesj Bet ^fsjd
5:41 Seesj B|b
Ljgebbz" sm` ekipgs i q~iq`~sz se}`v ebbifes`c
si bifeb di|`~gk`gsv c`q`gcv ig vses` q~iq`~sz
se} ebbifesjig betv" q~jgfjqebbz EN =' Ev cjvfpvv`c
`e~bj`~ jg smjv ~`qi~s -egc jg ki~` c`sejb jg sm`
eqq`gcj}*" sm` EN = vzvs`k tev c`vjdg`c" jg qe~s"
si ebbifes` q~iq`~sz se} ~`|`gp` jg q~iqi~sjig
si sm` vme~` i q~iq`~sz se}`v ~`f`j|`c nz e bifeb
di|`~gk`gs jg sm` kjc+5:41v' Pgc`~ smjv vzvs`k"
bifeb di|`~gk`gsv smes ~`f`j|`c e be~d` vme~` i
q~iq`~sz se}`v jg sm` 5:41v szqjfebbz figsjgp` si
~`f`j|` e ~`besj|`bz be~d` vme~` i q~iq`~sz se}`v
sicez' Ebsmipdm sm`~` me|` n``g fmegd`v si sm`
i~jdjgeb q~iq`~sz se} ebbifesjig vzvs`k figsejg`cjg EN =" sm` ebbifesjig vzvs`k figsjgp`v si n`
vpnvsegsjebbz nev`c ig sm` |e~jesjig jg q~iq`~sz se}
~`f`jqsv jg ``fs jg sm` 5:41v'
Sjv |e~jesjig be~d`bz ~`l`fsv v`~|jf` b`|`bv
q~i|jc`c nz bifeb di|`~gk`gsv jg sm` 5:41v' Bifeb
di|`~gk`gsv q~i|jcjgd kegz v`~|jf`v d`g`~ebbz
fibb`fs`c ki~` q~iq`~sz se}`v jg sm` 5:41v si
Ljdp~` 55
Q~iq`~sz Se} `f`jqsv L~ik sm` 5 Q`~f`gs es` li~ V`b`fs`c Bifeb Di|`~gk`gsv
>11:+51
Fjsj`v
Q~iq`~sz
Se}`v q`~^`vjc`gs Fipgsj`v
Q~iq`~sz
Se}`v q`~^`vjc`gs Vfmiibve
Q~iq`~sz
Se}`v q`~Vspc`gs
Jgcpvs~z #>"035 Veg L~egfjvfin #5"355 Kigi #51"
Kipgsejg \j`t 633 Jgzi =4< Ke~jg 0">56
Biv Egd`b`v 66> Geqe 0>> Veg L~egfjvfi 3"1>1
Bigd N`efm > Vses` E|`~ed` 6>1 Vses` E|`~ed` 5":11 Ebek`ce 615 Zibi 5"4=< Vef~ek`gsi 5"633
Egem`jk 545 Veg Oieupjg 5"5
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
24/48
qez i~ smiv` v`~|jf`v' Ev e ~`vpbs" smiv` bifeb
di|`~gk`gsv ~`f`j|`c e be~d`~ vme~` i q~iq`~sz
se}`v pgc`~ EN =' Li~ `}ekqb`" fjsj`v egc fipgsj`v
smes q~i|jc`c kegz di|`~gk`gs v`~|jf`v" jgfbpcjgd
~` q~is`fsjig" qe~h egc ~`f~`esjig q~id~ekv" egc
tes`~ v`~|jf`v" szqjfebbz ~`f`j|` ki~` q~iq`~sz se}
~`|`gp` smeg di|`~gk`gsv smes ~`bj`c ig vq`fjeb
cjvs~jfsv si q~i|jc` vik` i~ ebb i sm`v` v`~|jf`v'
E^` SM`^` FigF`^gv ENiPS MiT
Q^iQ`^Sz SE}`v E^` CJvS^JNPS`C9
Tmjb` gi vzvs`k i~ vme~jgd ~`|`gp`v ekigd
di|`~gk`gseb `gsjsj`v jv q`~`fs" sm` vses`v vzvs`k
i~ ebbifesjgd q~iq`~sz se} ~`|`gp` ~ik sm`
5 q`~f`gs ~es` ~ejv`v vjdgjfegs figf`~gv enips
bifeb figs~ib" ~`vqigvj|`g`vv si kic`~g g``cv" egc
s~egvqe~`gfz egc effipgsenjbjsz si se}qez`~v' T`cjvfpvv sm`v` figf`~gv v`qe~es`bz n`bit egc sm`g
ecc~`vv sm` up`vsjig? Fipbc sm` vses` fmegd` sm`
ebbifesjig vzvs`k9
Bef Bfeb Fs~b
Pgbjh` bifeb fikkpgjsj`v jg ism`~ vses`v"
Febji~gje ~`vjc`gsv egc bifeb ifjebv me|`
|j~spebbz gi figs~ib i|`~ sm` cjvs~jnpsjig i
q~iq`~sz se} ~`|`gp` si bifeb di|`~gk`gsv'
Jgvs`ec" ebb keoi~ c`fjvjigv ~`de~cjgd q~iq`~sz se}
ebbifesjig e~` figs~ibb`c nz sm` vses`' Effi~cjgdbz"
j ~`vjc`gsv c`vj~` eg `gmegf`c b`|`b i e qe~sjfpbe~
v`~|jf`" sm`~` jv gi bifeb i~pk i~ k`fmegjvk
si ebbit q~iq`~sz se}`v si n` ~`ebbifes`c ekigd
bifeb di|`~gk`gsv si gegf` smjv jkq~i|`k`gs'
Li~ `}ekqb`" I~egd` Fipgsz fp~~`gsbz ~`f`j|`v
e |`~z bit vme~` i q~iq`~sz se}`v fibb`fs`c
tjsmjg jsv ni~c`~venips 55q`~f`gs' J I~egd`
Fipgsz ~`vjc`gsv egc npvjg`vv`v tjvm`c si `}qegcfipgsz v`~|jf`v" sm`z me|` gi tez si ~`cj~`fs
sm` q~iq`~sz se}`v fp~~`gsbz ebbifes`c si ism`~
bifeb di|`~gk`gsv' S`j~ igbz iqsjig tipbc n`
si ~`up`vs sm` B`djvbesp~` si `gefs e g`t bet
eqq~i|`c nz sti+smj~cv i sm` k`kn`~v i nism
mipv`v~`upj~jgd sm` fmegd` jg sm` q~iq`~sz se}
cjvs~jnpsjig' Jg ism`~ ti~cv" bifeb ifjebv me|` gi
qit`~ si ~ejv` i~ bit`~ sm`j~ q~iq`~sz se} vme~` ig
eg eggpeb nevjv si ~`l`fs sm` fmegdjgd g``cv i
sm`j~ fikkpgjsj`v' Ev e ~`vpbs" j ~`vjc`gsv tjvm si
jgf~`ev` i|`~ebb fipgsz v`~|jf`v" sm`z tipbc g``c si
gegf` smjv jkq~i|`k`gs nz ~ejvjgd pgcv sm~ipdme cj`~`gs k`fmegjvk vpfm ev eg evv`vvk`gs i~
vq`fjeb se}'
Bjjsc S~eqe~f ec Effpsenjbjs
S` vses`v fp~~`gs ebbifesjig vzvs`k ebvi keh`v
js cjfpbs i~ se}qez`~v si v`` tmjfm `gsjsj`v ~`f`j|`
sm`j~ se} cibbe~v' Q~iq`~sz se} njbbv gis` igbz smes e
npbh i sm` qezk`gs di`v si sm` 5q`~f`gs d`g`~eb
b`|z' @|`g j se}qez`~v ci p~sm`~ ~`v`e~fm egc
bifes` sm` EN = bifeb di|`~gk`gs vme~jgd efsi~v
i~ sm`j~ ^E" js jv cjfpbs si ibbit sm` efspeb
ebbifesjig i ~`|`gp` n`fepv` sm` pgc vmjv
~`bes`c si @^EL egc ~`c`|`biqk`gs fikqbjfes` smjv
vzvs`k'
Jg eccjsjig si kehjgd js cjfpbs i~
se}qez`~v si c`s`~kjg` mit sm`j~ se} cibbe~v e~`
cjvs~jnps`c" sm` EN = vzvs`k ~`cpf`v di|`~gk`gs
effipgsenjbjsz' S` bjgh n`st``g sm` b`|`b i
di|`~gk`gs figs~ibbjgd sm` ebbifesjig i sm` se}-sm` vses * egc sm` di|`~gk`gs smes vq`gcv sm`
se} ~`|`gp` -fjsj`v" fipgsj`v" vq`fjeb cjvs~jfsv"
egc H+53 cjvs~jfsv* jv v`|`~`c' Li~ `}ekqb`" j e
se}qez`~ n`bj`|`v sm` b`|`b i v`~|jf`v q~i|jc`c nz
eg jgc`q`gc`gs qe~h cjvs~jfs jv jgec`upes`" js jv
cjfpbs si mibc sm` cjvs~jfs `gsj~`bz effipgsenb`
E g B E I ^ ` q I ^ s
>3 B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
25/48
n`fepv` sm` vses` jv ~`vqigvjnb` i~ c`s`~kjgjgd sm`
vme~` i q~iq`~sz se}`v ebbifes`c si sm` cjvs~jfs'
Bjjsc ^qj| s kc~
gc ec Q~~f
Eg ``fsj|` se} ebbifesjig vzvs`k `gvp~`v smesbifeb se} ~`|`gp` jv ebbifes`c jg e tez smes ~`l`fsv
kic`~g g``cv egc q~``~`gf`v' Jg kegz tezv"
Febji~gjev q~iq`~sz se} ebbifesjig vzvs`ktmjfm
~`kejgv be~d`bz nev`c ig ebbifesjig q~``~`gf`v
~ik sm` 5:41vci`v gis k``s smjv f~js`~jig'
Febji~gjev qiqpbesjig egc sm` di|`~gegf`
vs~pfsp~` i kegz bifeb fikkpgjsj`v me|`
fmegd`c vjdgjfegsbz vjgf` sm` EN = vzvs`k tev
`gefs`c' Li~ `}ekqb`" f`~sejg e~`ev tjsm ~`besj|`bz
vqe~v` qiqpbesjigv jg sm` 5:41v me|` `}q`~j`gf`c
vpnvsegsjeb d~itsm egc kegz bifeb di|`~gk`gs
~`vqigvjnjbjsj`v me|` fmegd`c' Ig` tes`~ cjvs~jfs
jg Veg Kes`i FipgszBiv ~egfiv Tes`~
Cjvs~jfsjbbpvs~es`v sm` `}s`gs si tmjfm sm` vses`v
q~iq`~sz se} ebbifesjig vzvs`k figsjgp`v si ~`l`fs
v`~|jf` b`|`bv ~ik sm` 5:41v' Vq`fjfebbz" smjv tes`~
cjvs~jfs vibc jsv `gsj~` tes`~ cjvs~jnpsjig vzvs`k si
e q~j|es` fikqegz jg >110" nps figsjgp`v si ~`f`j|`
q~iq`~sz se} ~`|`gp` i~ e v`~|jf` js gi bigd`~q~i|jc`v'
Fmedjd sm Ebbfesj vs J Cjfpbs
I|`~ sm` z`e~v" sm` B`djvbesp~`" bifeb
di|`~gk`gsv" sm` npvjg`vv fikkpgjsz" egc sm`
qpnbjf me|` ~`fidgj`c sm` bjkjsesjigv jgm`~`gs jg
sm` vses`v q~iq`~sz se} ebbifesjig vzvs`k' C`vqjs`
sm` be~d` c`d~`` i figv`gvpv ig sm` q~inb`kv"
keoi~ q~iqivebv si ~`i~k sm` ebbifesjig vzvs`k
me|` gis n``g `gefs`c cp` si sm`j~ fikqb`}jsz egc
sm` cjfpbs s~ec`+iv jg|ib|`c' N`fepv` Febji~gjemev smipvegcv i bifeb di|`~gk`gsvkegz
tjsm i|`~beqqjgd op~jvcjfsjigv~`i~j`gsjgd
sm` q~iq`~sz se} ebbifesjig vzvs`k tipbc n`
`}s~ei~cjge~jbz fikqb`}' Pqcesjgd sm` EN =
q~iq`~sz se} vme~jgd k`smicibidz tipbc ~`upj~`
sm` B`djvbesp~` si c`s`~kjg` sm` g``cv egc
q~``~`gf`v i `efm Febji~gje fikkpgjsz egc
bifeb di|`~gk`gs' Sjv tipbc n` e cjfpbsj gis
jkqivvjnb`sevh si pgc`~seh` jg e f`gs~ebj`c
kegg`~' Ebs`~gesj|`bz" sm` vses` fipbc ebbit sm`
cjvs~jnpsjig i sm` q~iq`~sz se} si n` fe~~j`c
ips bifebbz" nps sm`~` jv gi figv`gvpv enips tmes
q~if`vv bifeb di|`~gk`gsv tipbc pv` si ebbifes`
q~iq`~sz se}`v ekigd sm`kv`b|`v' Tm`sm`~ cig`
f`gs~ebbz i~ bifebbz" egz ~`ebbifesjig jv cjfpbs
n`fepv` q~i|jcjgd eccjsjigeb q~iq`~sz se} ~`f`jqsv
si ig` bifeb di|`~gk`gs tipbc ~`upj~` ~`cj~`fsjgd
js ~ik egism`~ bifeb di|`~gk`gs i~ ek`gcjgd sm`
Figvsjspsjig' Jg eccjsjig" egz vjdgjfegs fmegd`si sm` ebbifesjig i q~iq`~sz se} ~`|`gp` tipbc
~`upj~` eqq~i|eb nz sti+smj~cv i sm` B`djvbesp~`
cp` si q~i|jvjigv jg sm` Figvsjspsjig ecc`c nz
Q~iqivjsjig5E ->113*' -S`v` jvvp`v e~` cjvfpvv`c
p~sm`~ jg sm` eqq`gcj}'*
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` >0
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
26/48
Li~ kegz z`e~v" Febji~gjev i|`~ebb q~iq`~sz
se} vzvs`ksm` szq`v i se}`v qejc nz q~iq`~sz
itg`~v egc sm` c`s`~kjgesjig i q~iq`~sz itg`~
se} bjenjbjsj`vmev `|ih`c figs~i|`~vz' Vik`
q`iqb` up`vsjig tm`sm`~ sm` cjvs~jnpsjig i sm`
se} np~c`g n`st``g ~`vjc`gsjeb egc fikk`~fjeb
q~iq`~sj`v jv eqq~iq~jes` egc tm`sm`~ sm` ekipgs
i se}`v vik`ig` qezv vmipbc c`q`gc" jg qe~s" ig
mit bigd m` i~ vm` mev itg`c sm` q~iq`~sz' Ism`~
q`iqb` q~ejv` sm` gegfjeb f`~sejgsz smes sm` se}
vzvs`k dj|`v q~iq`~sz itg`~v' L~ik ig` z`e~ sism` g`}s" q~iq`~sz itg`~v hgit smes sm`j~ se}
bjenjbjsj`v pgc`~ sm` 5 q`~f`gs ~es` tjbb jgf~`ev`
igbz kic`vsbz' Jg smjv v`fsjig" t` ci gis ess`kqs
si ~`vib|` smjv bigd+vsegcjgd c`nes`' Jgvs`ec" t`
~`|j`t q~iq`~sz se}`v nz biihjgd es mit sm`z
k`evp~` effi~cjgd si |` fikkig se} qibjfz
f~js`~jed~itsm" vsenjbjsz" vjkqbjfjsz" g`ps~ebjsz"
egc `upjsz' Pvjgd smjv ~ek`ti~h" t` mjdmbjdms
qe~sjfpbe~ evq`fsv i sm` vses`v q~iq`~sz se} vzvs`k"
nism jsv vs~`gdsmv egc bjkjsesjigv" i~ qibjfzkeh`~v
egc ism`~ jgs`~`vs`c qe~sj`v'
@figikjvsv pv` sm` |` fikkig se} qibjfz
f~js`~je vpkke~j`c jg Ljdp~` 5> si ino`fsj|`bz
fikqe~` qe~sjfpbe~ se}`v' S`v` f~js`~je ~`bes` si
mit se}`v e`fs q`iqb`v c`fjvjigv" mit sm`z s~`es
cj`~`gs se}qez`~v" egc mit sm` ~`|`gp` ~ejv`c
~ik se}`v q`~i~kv i|`~ sjk`' Jg q~efsjf`" ebb
se}`v jg|ib|` s~ec`+iv' Vik`sjk`v sm` s~ec`+iv
e~` n`st``g sti se} qibjfz f~js`~je' Li~ `}ekqb`"
~`|`gp` vip~f`v smes d~it upjfhbz kez n` b`vv
vsenb` ~ik ig` z`e~ si sm` g`}s smeg ism`~ ~`|`gp`
vip~f`v' Ism`~ sjk`v" sm` s~ec`+iv e~` n`st``g
se} qibjfz f~js`~je egc ism`~ di|`~gk`gseb qibjfzino`fsj|`v smes kez gis n` cj~`fsbz ~`bes`c si ig`
i sm` |` se} f~js`~je' Li~ `}ekqb`" ig` vpfm
s~ec`+i kjdms n` smes `gvp~jgd smes e q~iq`~sz
itg`~v se}`v ci gis jgf~`ev` c~ekesjfebbz ~ik
ig` z`e~ si sm` g`}s -e ~`evigenb` di|`~gk`gseb
qibjfz ino`fsj|`* feg ~`vpbs jg e se} vzvs`k jg tmjfm
sm` itg`~v i vjkjbe~ q~iq`~sj`v e~` se}`c kpfm
cj`~`gsbz -figs~e~z si sm` `upjsz f~js`~je i se}
qibjfz*'
^|p D~tsm
L~ik di|`~gk`gsv q`~vq`fsj|`" ~`|`gp` vip~f`v
smes d~it ebigd tjsm sm`
`figikz e~` q~``~enb`
n`fepv` sm`z feg q~i|jc`
~`vip~f`v vpfj`gs si
kejgsejg fp~~`gs v`~|jf`v'
Sjv feg m`bq di|`~gk`gsv
e|ijc jgf~`evjgd `}jvsjgdse}`v i~ se}jgd eccjsjigeb
efsj|jsj`v jg i~c`~ si k``s
fp~~`gs v`~|jf` c`kegcv'
S` Q~iq`~sz e}
Mev D~itg Levs`~ Seg
sm` @figikz' Q`~vigeb
jgfik` jg Febji~gjeeg
TMES E^` SM` vS^`gDSMv EgC BJkJSESJigv
iL FEBJLi^gJEv Q^iQ`^Sz SE} vzvS`k9
Ljdp~` 5>
Fikkig @figikjf F~js`~je li~ @|ebpesjgd Se} Vzvs`kv
: D~itsmCi`v ~`|`gp` ~ejv`c nz sm` se} d~it ebigd tjsm sm` `figikzi~ sm` q~id~ek ~`vqigvjnjbjsj`v js jv `}q`fs`c si pgc9
: Vsenjbjsz Jv sm` ~`|`gp` ~ejv`c nz sm` se} ~`besj|`bz vsenb` i|`~ sjk`9
: VjkqbjfjszJv sm` se} vjkqb` egc jg`}q`gvj|` i~ se}qez`~v si qez egci~ di|`~gk`gs si fibb`fs9
: G`ps~ebjszCi`v sm` se} me|` bjssb` i~ gi jkqefs ig q`iqb`v c`fjvjigvenips mit kpfm si npz" v`bb" egc jg|`vs9
: @upjszCi se}qez`~v tjsm vjkjbe~ jgfik`v qez vjkjbe~ ekipgsv egc cise} bjenjbjsj`v ~jv` tjsm jgfik`9
E g B E I ^ ` q I ^ s
>
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
27/48
Tmes Lefs~ Elfs Q~q~s Se D~tsm `efm ze~9
Kivs i sm` eggpeb fmegd` jg q~iq`~sz se} ~`|`gp`v jv sm` ~`vpbs i be~d` fmegd`v jg evv`vv`c
|ebp` smes e`fs e vkebb gpkn`~ i q~iq`~sj`v" jgfbpcjgd?
^`f`gsbz Vibc Q~iq`~sj`v' Tm`g e q~iq`~sz v`bbv" jsv evv`vv`c |ebp` ~`v`sv si sm` qp~fmev`
q~jf`' Sjv ~`q~`v`gsv eccjsjigeb |ebp` smes jv ecc`c si sm` se} nev` n`fepv` sm` veb` q~jf` i
sm` q~iq`~sz jv i`g kpfm mjdm`~ smeg jsv q~`|jipv evv`vv`c |ebp`'
G`tbz Npjbs Q~iq`~sz egc Q~iq`~sz Jkq~i|`k`gsv' G`t |ebp` jv ecc`c si sm` fipgszv se}
nev` tm`g g`t figvs~pfsjig seh`v qbef` i~ jkq~i|`k`gsv e~` kec`kejgbz eccjsjigv"
~`kic`bv" egc efjbjsz `}qegvjigvn`fepv` vs~pfsp~`v e~` evv`vv`c es ke~h`s |ebp` sm` z`e~
smes sm`z e~` npjbs'
Q~iqivjsjig = -5:4=* C`fbjg`+jg+\ebp` Q~iq`~sj`v' S`v` q~iq`~sj`v figs~jnps` vjdgjfegsbz
si d~itsm i~ c`fbjg` jg e fipgszv se} nev` n`fepv` sm`j~ evv`vv`c |ebp`v kez jgf~`ev` i~
c`f~`ev` c~ekesjfebbz jg egz z`e~' E qe~sjfpbe~bz be~d` jkqefs ig evv`vv`c |ebpesjig s`gcv
si iffp~ jg z`e~v tm`g e be~d` gpkn`~ i sm`v` q~iq`~sj`v s~egv`~ ~ik Q~iqivjsjig 56
evv`vvk`gs si ~`cpf`c evv`vvk`gs'
Ev vmitg nz sm` ce~h ne~v jg sm` dp~` n`bit" ~`f`gsbz vibc" g`tbz npjbs" egc c`fbjg`+jg+|ebp`
q~iq`~sj`v szqjfebbz effipgs i~ ki~` smeg sti+smj~cv i siseb fmegd`v jg fipgsztjc` evv`vv`c |ebp`
jg Vegse Fbe~e Fipgsz' Ism`~ q~iq`~sj`v" ebsmipdm sm`z ~`q~`v`gs kivs i sm` q~iq`~sj`v jg sm`
fipgszv se} nev`" figs~jnps` b`vv n`fepv` sm` d~itsm i sm`v` q~iq`~sj`v evv`vv`c |ebp`v jv bjkjs`c si
> q`~f`gs q`~ z`e~'
-Jg Njbbjigv*
Fikqig`gsv il Eggpeb Fmegd` jgFipgsz Evv`vv`c \ebpesjig jg Vegse Fbe~e Fipgsz
+0
0
51
50
>1
#>0
5::: >111 >115 >11> >116 >113 >110 >11< >114 >11= >11: >151 >155
Ism`~ Q~iq`~sj`v
Cp` si ^`f`gsbzVibc" G`tbz Npjbs"i~ C`fbjg`+jg+\ebp`Q~iq`~sj`v
1
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` >4
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
28/48
61%
Eggpeb Q`~f`gs Fmegd`
Q~iq`~sz Se} ^`|`gp` Jv Kpfm B`vv
\ibesjb` Smeg Q`~vigeb Jgfik` Se} ^`|`gp`
Ljdp~` 56
+61
+>1
+51
51
>1
5:=1 5:=3 5:== 5::> 5::< >111 >113 >11=
Q~iq`~sz Se} `|`gp` L~ik sm` 5 Q`~f`gs es`
Q`~vigeb Jgfik` Se} ^`|`gp`
1
eqq~i}jkes` k`evp~` i sm` vj` i sm` vses`v
`figikzmev d~itg es eg e|`~ed` eggpeb ~es`
i 11:+51" egc >151+55'
S` Q~iq`~sz e} Tev Ki~` Vsenb` Seg
Ism`~ ^`|`gp` Vip~f`v Cp~jgd sm` ^`f`gs
^`f`vvjig' Ev vmitg jg Ljdp~` 53" ~`|`gp` ~ik sm`
5 q`~f`gs q~iq`~sz se} ~es`
e~`c fikqe~esj|`bz t`bb
cp~jgd sm` kivs ~`f`gs
~`f`vvjig' -Jg sm` g`e~nz
ni}" t` cjvfpvv tmz sm`
q~iq`~sz se} jv vsenb`'*
Fmegd`v jg q~iq`~sz
se} ~`|`gp` s`gc si bed
`figikjf s~`gcv nz ig`
i~ ki~` z`e~v n`fepv`
i sm` vses`v efupjvjsjig
|ebp` evv`vvk`gs vzvs`k
egc sm` b`gdsmz q`~jicn`st``g tm`g kivs
q~iq`~sj`v e~` evv`vv`c
-Oegpe~z* egc tm`g
q~iq`~sz se} qezk`gsv e~`
cp` -C`f`kn`~ i smes z`e~
egc Eq~jb i sm` g`}s*'
E g B E I ^ ` q I ^ s
>= B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
29/48
Qe~f`b e}`v egc
K`bbi+^iiv e}`v Ebvi
E~` Vsenb`' N`fepv` kivs
qe~f`b egc K`bbi+^iiv
se}`v e~` v`s es }`c
ekipgsv q`~ qe~f`b" sm`~`jv kjgjkeb z`e~+si+z`e~
lpfspesjig jg sm` ~`|`gp`v
smes sm`z ~ejv`'
Evv`vv`c \ebpesjig
jg Vik` Fipgsj`v"
Mit`|`~" Mev C`fbjg`c
Vjdgjfegsbz' Sipdm
vses`tjc` q~iq`~sz se}
~`|`gp` mev ~`kejg`c
fikqe~esj|`bz vsenb`
sm~ipdmips sm` ~`f`gs
~`f`vvjig" vik` e~`ev i
sm` vses` me|` `}q`~j`gf`c
figvjc`~enb` c`fbjg`v
Tmes Lefs~ Elfs Q~q~s Se vsenjbjs9
Efupjvjsjig \ebp` Evv`vvk`gs Vzvs`k Figs~jnps`v si ^`|`gp` Vsenjbjsz' S` kejg ~`evig
Febji~gjev q~iq`~sz se} ~`|`gp` jv vsenb` jv smes sm` evv`vv`c |ebp` i kivs q~iq`~sj`v jgf~`ev`v
`efm z`e~ nz e ke}jkpk i >q`~f`gs' Jg egz dj|`g z`e~" igbz e vkebb ~efsjig i q~iq`~sj`v e~`
vibc egc ~`v`s si ke~h`s |ebp`' Sjv k`egv smes ~`eb `vses` figcjsjigv e`fs e ~`besj|`bz vkebb
qi~sjig i sm` se} nev` `efm z`e~" jgvpbesjgd q~iq`~sz se} ~`|`gp` ~ik z`e~+si+z`e~ ~`eb `vses`
lpfspesjigv'
Q~iqivjsjig = -5:4=* C`fbjg`+jg+\ebp` Q~iq`~sj`v ^`cpf` ^`|`gp` Vsenjbjsz' Ev gis`c
`e~bj`~ jg sm` ~`qi~s" fipgsz evv`vvi~v kez ~`cpf` e q~iq`~szv evv`vv`c |ebp` jg sm` `|`gs smes
jsv ke~h`s |ebp` ebbv n`bit jsv evv`vv`c |ebp`' @efm z`e~ sm`~`e`~" sm` q~iq`~sz jv evv`vv`c es
ke~h`s |ebp` pgsjb js ~jv`v eni|` tmes jsv evv`vv`c |ebp` tipbc me|` n``g mec js ~`kejg`c es jsv
efupjvjsjig |ebp` ecopvs`c pqte~c `efm z`e~ es e ke}jkpk i > q`~f`gs' Cp~jgd >151+55" ki~`smeg ig` jg ip~ q~iq`~sj`v jg Febji~gje tev s`kqi~e~jbz evv`vv`c si ke~h`s |ebp`' N`fepv`
sm`v` q~iq`~sj`v e~` evv`vv`c `efm z`e~ es ke~h`s |ebp`" sm`z bjgh sm` q~iq`~sz se} nev` ki~`
fbiv`bz si sm` bifeb ~`eb `vses` ke~h`s smeg ism`~ q~iq`~sj`v" sm`~`nz ~`cpfjgd sm` q~iq`~sz se}v
vsenjbjsz vik`tmes'
Q`~f`gs Fmegd` >114+1= si >11=+1:
Q`~vigeb
Jgfik` Se}
Fi~qi~esjig Se}
Veb`v egc Pv` Se}
Q~iq`~sz Se}
e
+>0% +>1 +50 +51 +0 0 51
Q~iq`~sz Se} `|`gp` Cp~jgd sm` `f`gs ^`f`vvjig
Ljdp~` 53
1
e ^`|`gp` l~ik sm` 5 q`~f`gs ~es`'
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` >:
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
30/48
jg sm`j~ q~iq`~sz se} nev`' S`v` fipgsj`v s`gc
si me|` e be~d` q~iqi~sjig i sm`j~ q~iq`~sj`v
pgc`~ Q~iqivjsjig = c`fbjg`+jg+|ebp` evv`vvk`gsv
egc me|` mjdm i~`fbivp~` ~es`v' Li~ `}ekqb`"
^j|`~vjc` Fipgsz mec sm` v`figc mjdm`vs gpkn`~
i i~`fbivp~`v -54"111* ekigd fipgsj`v egc ki~`smeg 311"111 c`fbjg`+jg+|ebp` q~iq`~sj`v jg >155'
Qe~sbz ev e ~`vpbs i sm`v` s~`gcv" siseb evv`vv`c
|ebp` jg ^j|`~vjc` Fipgsz c`fbjg`c nz 50 q`~f`gs
n`st``g >11= egc >155'
vjqbjfjs
E t`bb+c`vjdg`c se} vzvs`k vmipbc n`
vjkqb` i~ se}qez`~v si pgc`~vsegc egc `evz
egc jg`}q`gvj|` i~ di|`~gk`gsv si eckjgjvs`~'
Fikqb`} se} vzvs`kv feg n` `}q`gvj|` i~
di|`~gk`gsv si eckjgjvs`~ ``fsj|`bz egc kez
n` figpvjgd" sjk`+figvpkjgd" egc fivsbz i~
se}qez`~v'
Kivs i sm` fivsv evvifjes`c tjsm eckjgjvs`~jgd
sm` vses`v q~iq`~sz se} vzvs`k -ec |ebi~`k q~iq`~sz
se}`v" qe~f`b se}`v" egc K`bbi+^iiv se}`v* ~`l`fs
sm` efsj|jsj`v nz fipgsz evv`vvi~v" se} fibb`fsi~v"
egc epcjsi~v' Tmjb` fikq~`m`gvj|` cese ig
sm`v` fivsv e~` gis e|ejbenb`" siseb q~iq`~sz se}eckjgjvs~esjig fivsv bjh`bz e~` n`st``g 5'0q`~f`gs
egc >q`~f`gs i fibb`fsjigv" e vik`tmes mjdm`~
b`|`b smeg smes i vses` se} ed`gfj`v smes q`~i~k
vjkjbe~ pgfsjigv' E vjdgjfegs fikqig`gs i
sm` q~iq`~sz se}v eckjgjvs~esj|` fivs jv ~ik
fipgsj`v ~`vqigvjnjbjsz si ebbifes` q~iq`~sz se}`v
si bifeb di|`~gk`gsv qp~vpegs si jgf~`evjgdbz
fikqb`} vses` betv' Fipgsz fivsv ~`bes`c vib`bz
si c`s`~kjgjgd q~iq`~sz |ebp`v" sm` ism`~ kejg
fikqig`gs i eckjgjvs~esjig" t`~` vbjdmsbz b`vv
smeg 5q`~f`gs i siseb ~`|`gp`v fibb`fs`c jg
>151+55e q`~f`gsed` vjkjbe~ si smes i vses` se}
ed`gfj`v'
L~ik sm` se}qez`~v q`~vq`fsj|`" sm` q~iq`~sz
se} jv d`g`~ebbz e vjkqb` se} tjsm tmjfm si fikqbz'
e} qezk`gsv e~` cp` jg `upeb jgvsebbk`gsv stjf`
q`~ z`e~' Egc" jg kivs z`e~v" sm` evv`vv`c |ebp` i
~`eb q~iq`~sz d~itv epsikesjfebbz nz e ke}jkpk
i >q`~f`gs' ^`evv`vvk`gsv nev`c ig ke~h`s |ebp`
-tmjfm se}qez`~v e~` ki~` bjh`bz si eqq`eb* iffp~
jg~`up`gsbz i~ kivs q~iq`~sz itg`~v'
S` q~iq`~sz se} evv`vv`c ig q`~vigeb q~iq`~szjv szqjfebbz ki~` eckjgjvs~esj|`bz fpkn`~vik`
i~ itg`~v egc evv`vvi~v' Sjv jv n`fepv` q`~vigeb
q~iq`~sz jv evv`vv`c eggpebbz es ke~h`s |ebp` pvjgd
fikqb`} c`q~`fjesjig vfm`cpb`v' S`v` evv`vvk`gsv"
sm`~`i~`" e~` ki~` bjh`bz si n` eqq`eb`c" e q~if`vv
smes feg seh` ki~` smeg e z`e~ si ~`vib|`'
gps~ebjs
G`e~bz ebb se}`v ebs`~ se}qez`~ n`me|ji~ si
vik` c`d~``' @figikjvsv ed~``" mit`|`~" smes jg
kivs fev`v sm` jc`eb se} vzvs`k jv ig` smes ebs`~v
c`fjvjigvenips tmes diicv si npz" tmes q~icpfsv
si keh`" egc tm`~` si ti~h i~ bj|`ev bjssb` ev
qivvjnb`' @figikjvsv q~``~ sm`v` `figikjfebbz
g`ps~eb se}`v n`fepv` sm`z evvpk` smes q`iqb`
egc npvjg`vv`v e~` jg sm` n`vs qivjsjig si keh`
figvpkqsjig" ve|jgdv" egc jg|`vsk`gs c`fjvjigv
smes k``s sm`j~ `figikjf egc q`~vigeb g``cv' e}
qibjfj`v smes jglp`gf` tmes q`iqb` npz egc tmesnpvjg`vv`v q~icpf` s`gc si cjvsegf` q`iqb` egc
npvjg`vv`v ~ik sm`j~ q~``~~`c fmijf`v" b`e|jgd
sm`k b`vv t`bb i smeg sm`z tipbc n` j sm` se}
vzvs`k t`~` `figikjfebbz g`ps~eb' Qibjfzkeh`~v
c`vjdg vik` se}`v" ig sm` ism`~ megc" si jglp`gf`
se}qez`~ n`me|ji~ jg e tez smes q~ikis`v i~
cjvfip~ed`v qe~sjfpbe~ efsj|jsj`v' Jg d`g`~eb"
sm`v` vmipbc n` t`bb se~d`s`c egc me|` vs~igd
opvsjfesjigv vi smes sm`z efmj`|` sm`j~ qibjfz
diebv tjsm ev bjssb` jgs`~`~`gf` ev qivvjnb` jg ism`~
q`~vigeb c`fjvjig kehjgd' N`bit" t` c`vf~jn` mit
ec |ebi~`k q~iq`~sz se}`v kez jglp`gf` se}qez`~
n`me|ji~ egc sm`g cjvfpvv sm` qivvjnb` ``fsv i
qe~f`b egc K`bbi+^iiv se}`v'
Vik` Mik`itg`~v egc Npvjg`vv`v Kez
Ki|` B`vv L~`up`gsbz' Febji~gjev ec |ebi~`k
E g B E I ^ ` q I ^ s
61 B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
31/48
q~iq`~sz se}`v kez e`fs eg jgcj|jcpebv c`fjvjig
si ki|` n`fepv` bigd`~ itg`~vmjq ~`vpbsv jg e
bit`~ ``fsj|` q~iq`~sz se} ~es`' -Eg ``fsj|`
q~iq`~sz se} ~es` cj`~v ~ik sm` 5q`~f`gs nevjf
~es` jg smes js jv sm` ekipgs i q~iq`~sz se}`v
qejc cj|jc`c nz sm` fp~~`gs ke~h`s |ebp` i sm`q~iq`~sz'* Ev vmitg jg Ljdp~`50" ``fsj|` se}
~es`v feg |e~z figvjc`~enbz' G`t Itg`~ E" i~
`}ekqb`" mev eg ``fsj|` se} ~es` i 5q`~f`gs
n`fepv` sm` evv`vv`c |ebp` i mjv i~ m`~ q~iq`~sz
jv sm` vek` ev jsv ke~h`s |ebp`' Itg`~v N egc
F" tmi me|` itg`c sm`j~ q~iq`~sj`v bigd`~ smeg
Itg`~ E" me|` evv`vv`c |ebp`v n`bit sm`j~ ke~h`s
|ebp`v n`fepv` sm`j~ ke~h`s |ebp`v jgf~`ev`c nz
ki~` smeg >q`~f`gs `efm z`e~ -egc sm`~`i~` evs`~
smeg evv`vv`c |ebp`v*' Ev e ~`vpbs" kivs itg`~v
tmi me|` itg`c e q~iq`~sz i~ kegz z`e~v qez
eg ``fsj|` se} ~es` t`bb n`bit 5q`~f`gs' Li~
smiv` fmiivjgd si ki|`" mit`|`~" sm`j~ ``fsj|`
se} ~es` jv ~`v`s si 5q`~f`gs" q~icpfjgd e ki|jgd
q`gebsz smes kez jglp`gf` vik` q~iq`~sz itg`~v
~`bifesjig c`fjvjigv' Li~ `}ekqb`" `vsenbjvm`c
~kv smes n`g`s ~ik sm`j~ fikqe~esj|`bz bit
``fsj|` q~iq`~sz se} ~es`v fipbc n` cjvvpec`c
~ik ~`bifesjgdc`fjvjigv smes" env`gs sm` ki|jgdq`gebsz" fipbc n`g`s sm` fikqegj`v gegfjebbz'
-Ev t` cjvfpvv n`bit" cj`~jgd ``fsj|` se} ~es`v
ebvi e`fs sm` `upjsz i sm` q~iq`~sz se}'*
Mik`itg`~v egc Npvjg`vv`v Kez Jg|`vs B`vv
jg Q~iq`~sz Jkq~i|`k`gsv' Tm`g e q~iq`~sz
pgc`~di`v jkq~i|`k`gsv" sm` g`tbz figvs~pfs`c
qi~sjig i sm` q~iq`~sz jv evv`vv`c es jsv pbb ke~h`s
|ebp`' S` `}jvsjgd q~iq`~sz" ig sm` ism`~ megc"
jv szqjfebbz evv`vv`c
n`bit jsv fp~~`gs ke~h`s
|ebp`" k`egjgd smes
jkq~i|`k`gsv e~` se}`c
es e mjdm`~ ``fsj|` ~es`
smeg `}jvsjgd q~iq`~sz'
N`fepv` jkq~i|`k`gsv
e~` vpno`fs si mjdm`~
``fsj|` se} ~es`v" sm` ~`sp~g ig jg|`vsk`gs smes
npvjg`vv`v ~`f`j|` ~ik g`t jkq~i|`k`gsv jv bit`~
egc sm` se}`v smes mik`itg`~v qez ig sm`k e~`
mjdm`~ smeg sm`z tipbc n` j ebb q~iq`~szg`t
egc `}jvsjgdt`~` se}`c pgji~kbz' Sjv kez
b`ec vik` npvjg`vv`v egc mik`itg`~v si jg|`vsb`vv smeg sm`z ism`~tjv` tipbc jg g`t q~iq`~sz
jkq~i|`k`gsv'
Mik`itg`~v Kez Fmegd` N`me|ji~ jg
^`vqigv` si Evv`vvk`gs @}fbpvjigv' \is`~v
me|` eqq~i|`c nebbis q~iqivjsjigv smes `}fbpc`
vik` szq`v i q~iq`~sz s~egv`~v ~ik s~jdd`~jgd
~`evv`vvk`gs si ke~h`s |ebp`' -S`v` `}fbpvjigv e~`
vpkke~j`c `e~bj`~ jg smjv ~`qi~s jg
Ljdp~` >'* Li~ `}ekqb`" ~`vjc`gsjeb q~iq`~sz
s~egv`~v n`st``g f`~sejg ekjbz k`kn`~v ci gis
s~jdd`~ ~`evv`vvk`gs' S`v` `}fbpvjigv fipbc ebs`~
c`fjvjigv mik`itg`~v keh` enips sm`j~ q~iq`~sz'
Li~ `}ekqb`" e mik`itg`~ kjdms s~egv`~ q~iq`~sz
si mjv i~ m`~ fmjbc -sm`~`nz qevvjgd ig mjv i~ m`~
bit ``fsj|` q~iq`~sz se} ~es`* tm`g" env`gs sm`
`}fbpvjig" sm` itg`~ kjdms me|` vibc sm` q~iq`~sz si
e gig~`besj| ' Jg sp~g" smes fmjbc fipbc gc js ki~`
`figikjfeb si ~`gs sm` q~iq`~sz -egc n`g`s ~ik
sm` bit ``fsj|` q~iq`~sz se} ~es`* smeg si v`bb -egci~`di sm` n`g`s i mjv i~ m`~ bit ``fsj|` ~es`*'
`upjs
@upjsz ~`bes`v si mit se}`v e`fs se}qez`~v
tjsm cj`~`gs b`|`bv i jgfik` i~ t`ebsm'
@figikjvsv pv` sti cj`~`gs vsegce~cv i
`upjsz|`~sjfeb egc mi~jigsebsi `|ebpes` se}`v'
\`~sjfeb `upjsz iffp~v tm`g t`ebsmj`~ se}qez`~v
Ljdp~` 50
Mzqism`sjfeb @ll`fsj|` Q~iq`~sz Se} ^es`v li~ Sm~`` Q~iq`~sz Itg`~v
Z`e~
Qp~fmev`c
Ke~h`s
\ebp`
Evv`vv`c
\ebp`
Q~iq`~sz
Se} es`
Q~iq`~sz
Se} Qejc
@ll`fsj|`
Se} ^es`
Itg`~ E >15> #611"111 #611"111 5% #6"111 5'1%
Itg`~ N >11> 611"111 5=1"111 5 5"=11 1'* s~`es vjkjbe~ se}qez`~v
cj`~`gsbz egc t`ebsmj`~ se}qez`~v sm` vek` ev b`vv
t`ebsmz se}qez`~v'
Febji~gjev ism`~ q~iq`~sz se}`v -qe~f`b se}`v
egc K`bbi+^iiv se}`v* d`g`~ebbz q`~i~k t`bb
~`besj|` si sm` diebv i vsenjbjsz" eckjgjvs~esj|`
vjkqbjfjsz" egc mi~jigseb `upjsz" nps kez q`~i~k
b`vv t`bb jg ~`de~c si sm` ism`~ ino`fsj|`v'
E g B E I ^ ` q I ^ s
6> B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
33/48
EQQ`gCJ} 5?
SM` MJvSi^z iL FEBJLi^gJEv
Q^iQ`^Sz SE} EBBiFESJig vzvS`k
Febji~gjev vzvs`k
i~ ebbifesjgd q~iq`~sz
se} ~`|`gp` ~ik sm`
5q`~f`gs ~es` ekigd bifeb
di|`~gk`gsv jv fikqb`}
egc mev fmegd`c i|`~
sjk`' S` kivs vjdgjfegs
fmegd` tev |is`~ eqq~i|ebi Q~iqivjsjig56 jg
5:4=" tmjfm vmj`c sm`
figs~ib i|`~ sm` ebbifesjig
i q~iq`~sz se}`v ~ik
bifeb fikkpgjsj`v si
sm` vses`' Vjgf` smes
sjk` sm` vses` mev kec`
v`|`~eb keoi~ fmegd`v
smes e`fs sm` ekipgs
i q~iq`~sz se} ~`|`gp`
~ik sm` 5q`~f`gs ~es`
cjvs~jnps`c si fipgsj`v"
fjsj`v" H+53 cjvs~jfsv" egc
vq`fjeb cjvs~jfsv' Vik`
i sm`v` fmegd`v me|`
n`g`s`c sm` vses` vfebbz
-nz jgcj~`fsbz ~`cpfjgd
vses` fivsv i~ cpfesjig*'
Ism`~v me|` n`g`s`cbifeb di|`~gk`gsv i~
se}qez`~v' Sjv eqq`gcj}
c`vf~jn`v sm` `|ibpsjig
i sm` vses`v q~iq`~sz se}
ebbifesjig vzvs`k' S` h`z `|`gsv e~` mjdmbjdms`c jg
Ljdp~`E+5" egc c`vf~jn`c jg ki~` c`sejb n`bit'
Ljdp~` E+5
Mjvsi~z il Febjli~gjev Q~iq`~sz Se} Ebbifesjig
5:4> VN :1@vsenbjvm`v vfmiib ~`|`gp` bjkjs pgcjgd vzvs`k" dj|jgd sm`vses` e vjdgjlfegs lvfeb jgs`~`vs jg sm` ebbifesjig i bifeb q~iq`~sz se}~`|`gp`'
5:4= Q~iqivjsjig 56\is`~v feq sm` nevjf q~iq`~sz se} ~es` es 5 q`~f`gs egcdj|` sm` vses` g`t ~`vqigvjnjbjsj`v i~ ebbifesjgd q~iq`~sz se} ~`|`gp`'
VN 503Vses`v l~vs bet ebbifesjgd q~iq`~sz se} ~`|`gp`' Ekipgsv
nev`c ig vme~` i q~iq`~sz se} ~`f`j|`c q~ji~ si Q~iqivjsjig 56" tjsmvses` q~i|jcjgd d~egsv i~ vik` i bifeb ~`|`gp` bivv'
5:4: EN =Vses` fmegd`v q~iq`~sz se} ebbifesjigv jg VN 503" vsenbjvm`vvzvs`k i~ ebbifesjgd psp~` d~itsm jg q~iq`~sz se} ~`|`gp`" egc envi~nvfivsv i vik` bifeb q~id~ekv'
5::> Lj~vs @^EL VmjlsVses` q`~keg`gsbz vmjsv vik` q~iq`~sz se} ~`|`gp`~ik fipgsj`v" fjsj`v" egc vq`fjeb cjvs~jfsv jgsi e pgc i~ H+53 cjvs~jfsv'
5::6 V`figc @^EL VmjlsVses` q`~keg`gsbz vmjsv eccjsjigeb q~iq`~sz se}~`|`gp` jgsi e pgc i~ H+53 cjvs~jfsv'
>113 S~jqb` LbjqVses` pv`v vik` bifeb veb`v se} ~`|`gp` si ~`qezc`lfjs+lgegfjgd nigcv' `jknp~v v fipgsj`v egc fjsj`v tjsm q~iq`~sz se}~`|`gp` ~ik @^EL egc H+53 cjvs~jfsv'
Sm` \BL VteqVses` q`~keg`gsbz vmjsv vik` q~iq`~sz se} ~`|`gp`~ik @^EL egc H+53 cjvs~jfsv si ~`jknp~v` fjsj`v egc fipgsj`v i~ sm`vses`v ~`cpfsjigv si sm`j~ \BL ~`|`gp`'
S`kqi~e~z @^EL VmjlsVses` vmjsv vik` q~iq`~sz se} ~`|`gp` ~ikgig`cpfesjigeb bifeb ed`gfj`v si H+53 cjvs~jfsv i~ sti z`e~v'
Q~iqivjsjig 5E\is ~v ~`vs~jfs sm` vses`v epsmi~jsz si vmjs q~iq`~sz se}~`|`gp` etez ~ik fjsj`v" fipgsj`v" egc vq`fjeb cjvs~jfsv'
>11: Q~iqivjsjig 5E ->113* Ni~~itjgdVses` ni~~itv #5': njbbjig iq~iq`~sz se} ~`|`gp` ~ik fjsj`v" fipgsj`v" egc vq`fjeb cjvs~jfsv evepsmi~j`c nz Q~iqivjsjig 5E'
>151 Q~iqivjsjig >>\is`~v `bjkjges` sm` vses`v epsmi~jsz si ni~~itq~iq`~sz se} ~`|`gp` egc si vmjs ~`c`|`biqk`gs ed`gfj`v q~iq`~sz se}~`|`gp`'
>15> Cjvvibpsjig il ^`c`|`biqk`gs Ed`gfj`v^`c`|`biqk`gs ed`gfj`ve~` enibjvm`c' I|`~ sjk`" sm`j~ vme~` i sm` q~iq`~sz se} tjbb ~`|`~s siism`~ bifeb di|`~gk`gsv'
@^EL ; @cpfesjigeb ^`|`gp` Epdk`gsesjig Lpgc8 \BL ; |`mjfb` bjf`gv` ``'
E g B E I ^ ` q I ^ s
ttt'e'fe'B`djvbesj|`EgebzvsvIlf` 66
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
34/48
SE} EBBiFESJig Q^Ji^ Si Q^iQivJSJig56
e} Ebbifesjig C`s`~kjg`c Bifebbz Pgsjb
5:4=' Q~ji~ si |is`~ eqq~i|eb i Q~iqivjsjig56 jg
5:4=" `efm bifeb di|`~gk`gs epsmi~j`c si b`|z
e q~iq`~sz se} v`s jsv itg ~es` -tjsmjg f`~sejg
vsespsi~z ~`vs~jfsjigv*' @efm bifeb di|`~gk`gs
eggpebbz c`s`~kjg`c sm` ekipgs i ~`|`gp`
g`f`vve~z si gegf` sm` c`vj~`c b`|`b i v`~|jf`v
egc v`s jsv q~iq`~sz se} ~es` si fibb`fs smes ekipgs'
E q~iq`~sz itg`~v q~iq`~sz se} njbb ~`l`fs`c sm`
vpk i sm` jgcj|jcpeb ~es`v v`s nz `efm se}jgd
`gsjsz' Pgc`~ smjv vzvs`k" vfmiibv egc fikkpgjsz
fibb`d`v ~`f`j|`c i|`~ 01q`~f`gs i vses`tjc`
q~iq`~sz se} ~`|`gp`" fipgsj`v enips 61q`~f`gs"egc fjsj`v enips 51q`~f`gs' -Es sm` bifeb b`|`b"
mit`|`~" sm` vme~` i q~iq`~sz se} ~`|`gp`
vpqqi~sjgd `efm szq` i bifeb di|`~gk`gs |e~j`c'
Vik` fikkpgjsj`v" i~ `}ekqb`" q~i|jc`c e d~`es`~
q`~f`gsed` i siseb q~iq`~sz se} ~`|`gp` si vfmiibv
egc ism`~v q~i|jc`c ki~` si sm`j~ fipgsz i~ fjsz'*
Q~iq`~sz e} Ebbifesjig Bjgh`c si Vses`
Npcd`s jg 5:4>' Ebsmipdm bifeb di|`~gk`gsv mec
figs~ib i|`~ sm` q~iq`~sz se} cp~jgd smjv q`~jic"
q~iq`~sz se} ~`|`gp` mec eg ``fs ig sm` vses`v
npcd`s n`djggjgd jg 5:4>' Fmeqs`~531:>" Vsesps`v i 5:4=
-VN 503" Q`s~jv* egc sm`g Fmeqs`~ >=>" Vsesps`v
i 5:4: -EN =" B' D~``g`*' Jg d`g`~eb" sm`v` njbbv
`vsenbjvm`c k`smicv i~ ebbifesjgd sm` g`t bit`~
ekipgs i q~iq`~sz se} ~`|`gp` egc vmj`c f`~sejg
fipgsz egc vfmiib cjvs~jfs fivsv si sm` vses`'
Lj~s vses Ebbfesj vsvN 503
Vmi~sbz e`~ sm` qevved` i Q~iqivjsjig56"
sm` B`djvbesp~` eqq~i|`c VN 503 jg eg `i~s si
e|ijc keoi~ bifeb di|`~gk`gs v`~|jf` ~`cpfsjigv
E g B E I ^ ` q I ^ s
63 B`djvbesj|`EgebzvsvIlf`ttt'e'fe'
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
35/48
egc vjdgjfegs vfeb cjvs~`vv ~ik sm` c`f~`ev` jg
q~iq`~sz se} ~`|`gp`' V`ges` Njbb 503 tev sm` vses`v
~vs ess`kqs si ebbifes` q~iq`~sz se}`v ekigd
fipgsj`v" fjsj`v" vq`fjeb cjvs~jfsv" egc H+53 cjvs~jfsv'
Pgc`~ VN 503" e bifeb di|`~gk`gsv vme~` i sm`
5q`~f`gs q~iq`~sz se} ~es` jg 5:4=+4: tev nev`c igsm` vme~` ifipgsztjc` q~iq`~sz se} ~`|`gp` dijgd
si smes bifeb di|`~gk`gs n`i~` Q~iqivjsjig56'
Li~ `}ekqb`" j e fjsz ~`f`j|`c 51q`~f`gs i sm`
q~iq`~sz se}`v fibb`fs`c nz ebb bifeb op~jvcjfsjigv jg
sm` fipgsz q~ji~ si sm` qevved` i Q~iqivjsjig56"
sm` fjsz tipbc ~`f`j|` 51q`~f`gs i sm` q~iq`~sz
se}`v fibb`fs`c jg sm` fipgsz es sm` 5q`~f`gs ~es`'
Sjv tev e vjdgjfegs fmegd` ~ik sm` ebbifesjig i
q~iq`~sz se}`v q~ji~ si Q~iqivjsjig 56" tm`g e bifeb
di|`~gk`gs ~`f`j|`c q~iq`~sz se} ~`|`gp` igbz
~ik sm` q~iq`~sj`v bifes`c tjsmjg jsv op~jvcjfsjig'
Jg eccjsjig" si qe~sjebbz iv`s sm` ~`|`gp` bivv
~`vpbsjgd ~ik sm` ~`cpfsjig jg sm` q~iq`~sz se}
~es`" VN 503 pv`c vses` pgcv si ~`bj`|` fipgsj`v i e
qi~sjig i sm`j~ inbjdesjig si qez i~ f`~sejg m`ebsm
egc t`be~` q~id~ekv egc si q~i|jc` nbifh d~egsv
si fipgsj`v" fjsj`v" egc vq`fjeb cjvs~jfsv'
Sm Fp~~s Q~q~s SeEbbfesj vsEN =
E z`e~ e`~ `gefsjgd VN 503" sm` B`djvbesp~`
eciqs`c EN =" e bigd+s`~k qibjfz si ebbifes`
q~iq`~sz se}`v egc q~i|jc` vfeb ~`bj` si bifeb
di|`~gk`gsv' S` b`djvbesjig -5* cj~`fs`c fipgsz
epcjsi~v si ebbifes` 5:4:+=1 q~iq`~sz se} ~`|`gp`
jg e kegg`~ vjkjbe~ si VN 503 nps tjsm vik`
kicjfesjigv egc ->* `vsenbjvm`c e k`smic i~
ebbifesjgd q~iq`~sz se} d~itsm jg psp~` z`e~v'
G`t Nev` Q~iq`~sz e} Ebbifesjig' Evv`knbz
Njbb = `vsenbjvm`c e g`t nev` q~iq`~sz se} ebbifesjig
i~ 5:4:+=1' S` g`t nev` ebbifesjigv jg EN =
~`v`knb`c smiv` jg VN 503e bifeb di|`~gk`gsv
vme~` tev nev`c ig sm` vme~` i sm` fipgsztjc`
q~iq`~sz se} dijgd si smes bifeb di|`~gk`gs
n`i~` Q~iqivjsjig56tjsm vik` kicjfesjig'
Vq`fjfebbz" ~esm`~ smeg figsjgp` sm` vses` nbifh
d~egsv jgfbpc`c jg VN 503" EN = jgf~`ev`c sm`
nev` vme~` i q~iq`~sz se}`v ebbifes`c si kivs
fipgsj`v" fjsj`v" egc vq`fjeb cjvs~jfsv nz ~`cpfjgd
sm` nev` vme~` dijgd si H+53 cjvs~jfsv' -Pgc`~ sm`
vses`v vfmiib gegf` vzvs`k" H+53 cjvs~jfs bivv`vt`~` jg sp~g kec` pq tjsm jgf~`ev`c vses` pgcv
i~ `cpfesjig'* Li~ fjsj`v egc vq`fjeb cjvs~jfsv" sm`
jgf~`ev` jg sm` nev` q~iq`~sz se} ebbifesjig tev
c`~j|`c ~ik sm` nbifh d~egs ekipgs q~i|jc`c jg
VN 503' Fjsj`v ~`f`j|`c jgf~`ev`c q~iq`~sz se}`v
`upj|eb`gs si enips =6q`~f`gs i sm`j~
VN 503 nbifh d~egs ekipgs egc vq`fjeb cjvs~jfsv
:0q`~f`gs i sm`j~ nbifh d~egs ekipgs' Fipgsj`v
~`f`j|`c e fiknjgesjig i jgf~`ev`c q~iq`~sz
se}`v" ~`cpf`c `}q`gcjsp~` inbjdesjigv i~ m`ebsm
egc vifjeb v`~|jf`v q~id~ekv" egc e vses` nbifh
d~egs i~ jgcjd`gs m`ebsm q~id~ekv' S` ~`cpf`c
fipgsz `}q`gcjsp~` inbjdesjigv jgfbpc`c fikqb`s`
vses` evvpkqsjig i sm` fivsv i~ K`cj+Feb egc sm`
Vses` Vpqqb`k`gse~z Qezk`gs Q~id~ek" ev t`bb
ev eg jgf~`ev`c vses` vme~` i fivsv i~ sm` Ejc si
Lekjbj`v tjsm C`q`gc`gs Fmjbc~`g q~id~ek -sm`
q~`c`f`vvi~ si Febji~gje Ti~h Iqqi~spgjsj`v egc
^`vqigvjnjbjsz si Hjcv*' -S`v` fmegd`v ~`vpbs`cjg eg jgf~`ev`c vme~` i q~iq`~sz se} ~`|`gp` i~
kivs fipgsj`v' Ev cjvfpvv`c jg sm` ni} ig qed` 6
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
36/48
5:4:+=1 -smes cjvs~jnps`c ~`|`gp` ig e fipgsztjc`
nevjv tjsmips ~`de~c si tm`~` sm` q~iq`~sz tev
bifes`c*" sm` b`djvbesjig vq`fj`c smes psp~` d~itsm
jg q~iq`~sz se} ~`|`gp` tipbc n` ebbifes`c igbz
si smiv` bifeb di|`~gk`gsv v`~|jgd sm` q~iq`~sz
tm`~` sm` ~`|`gp` jgf~`ev` siih qbef`' Effi~cjgdbz"
n`djggjgd jg 5:=1+=5" EN = ~`upj~`c smes `efm bifeb
di|`~gk`gs ~`f`j|`v sm` vek` ekipgs i q~iq`~sz
se} js ~`f`j|`c jg sm` q~ji~ z`e~ qbpv jsv vme~` i
egz d~itsm i~ c`fbjg` jg q~iq`~sz se} ~`|`gp` smes
iffp~~`c jg jsv op~jvcjfsjig'
i `gvp~` smes `efm bifeb di|`~gk`gs ~`f`j|`v
sm` q~iq`~sz se} d~itsm ~ik sm` q~iq`~sj`v js
v`~|`v" `efm fipgsz jv cj|jc`c jgsi se} ~es` e~`ev
-^Ev*' @efm bifeb di|`~gk`gs ~`q~`v`gs`c jg e
^E ~`f`j|`v e vme~` i sm` q~iq`~sz se} d~itsm
-
7/30/2019 California Legislative Analyst's Office Report: California Property Tax Primer (2012)
37/48
smes iffp~v tjsmjg smes ^E' Ev ~`upj~`c nz
EN =" fipgsz epcjsi~v c`|`biq`c e k`smicibidz si
c`s`~kjg` sm` q`~f`gsed` i q~iq`~sz se} d~itsm
hgitg ev ^E efsi~vsi ebbifes` si `efm bifeb
di|`~gk`gs jg `efm ^E' S`v` ^E efsi~v
t`~` nev`c be~d`bz ig sm` 5:4:+=1 nev` ebbifesjig`vsenbjvm`c nz EN = -jgfbpcjgd sm` vmj i q~iq`~sz
se} ~`|`gp` ~ik H+53 cjvs~jfsv si ism`~ bifeb
di|`~gk`gsv*' Jg kivs fipgsj`v" sm`v` ^E efsi~v
~`kejg figvsegs' Spv" j e fjsz ~`f`j|`c >0 q`~f`gs
i sm` q~iq`~sz se} ~`|`gp` d~itsm d`g`~es`c jg e
^E jg 5:=1+=5 -sm` ~vs z`e~ ^E efsi~v t`~`
pv`c si cjvs~jnps` q~iq`~sz se} ~`|`gp` d~itsm*"
js figsjgp`c si ~`f`j|` >0 q`~f`gs i sm` d~itsm
jg q~iq`~sz se}`v jg psp~` z`e~v' Ev e ~`vpbs" sm`
cjvs~jnpsjig i q~iq`~sz se} ~`|`gp` ekigd bifeb
di|`~gk`gsv figsjgp`c si fbiv`bz ~`v`knb` sm`
5:4:+=1 cjvs~jnpsjig pgsjb sm` ~vs keoi~ fmegd`v
si sm` EN = vzvs`k iffp~~`c jg sm` 5::1v'Jg vpkke~z" sm` EN = q~iq`~sz se} ebbifesjig
vzvs`k q~i|jc`v `efm bifeb di|`~gk`gs tjsm sm`
vek` ekipgs i q~iq`~sz se} ~`|`gp` js ~`f`j|`c
jg sm` q~ji~ z`e~ -sm` nev`*" qbpv jsv vme~` i egz
d~itsm i~ c`fbjg` jg q~iq`~sz se} ~`|`gp` smes
iffp~~`c jg jsv op~jvcjfsjig jg sm` fp~~`gs z`e~'
FMEgD`v Si SM` EN = vzvS`k
S` vses` q~iq`~sz se} ebbifesjig vzvs`k v`s pq
jg EN = figsjgp`v si n` sm` nevjv i~ q~iq`~sz se}
ebbifesjig ekigd bifeb di|`~gk`gsv sicez' Vjgf`
5:4:" mit`|`~" sm`~` me|` n``g vik` vjdgjfegs
fmegd`v si sm` i~jdjgeb q~iq`~sz se} ebbifesjig
vzvs`k figsejg`c jg EN =' Jg kivs fev`v" sm`
fmegd`v ~`l`fs sm` fikqb`} vfeb ~`besjigvmjq
n`st``g sm` vses` egc bifeb di|`~gk`gsv' N`fepv`i sm` vses`v ~ib` jg ebbifesjgd q~iq`~sz se} ~`|`gp`
e`~ Q~iqivjsjig56 egc jg pgcjgd H+53 cjvs~jfsv
egc ism`~ bifeb q~id~ekv" c`fjvjigv ~`de~cjgd
sm` vses` npcd`s egc ism`~ qibjfz jvvp`v me|` b`c
sm` B`djvbesp~` egc Di|`~gi~ si iffevjigebbz
fmegd` mit q~iq`~sz se} ~`|`gp` jv cjvs~jnps`c'
T` mjdmbjdms sm` keoi~ fmegd`v jg q~iq`~sz se}
ebbifesjig n`bit' Js jv jkqi~segs si gis`" mit`|`~"
smes sm`v` fmegd`v jg q~iq`~sz se} ebbifesjig ci
gis `}qbejg sm` `gsj~` vfiq` i sm` vses`+bifeb vfeb
~`besjigvmjqe ~`besjigvmjq smes ebvi mev jg|ib|`c
sm` ~`ebjdgk`gs i kegz di|`~gk`gs q~id~ekv egc
fmegd`v jg ism`~ ~`|`gp` vip~f`v vpfm ev sm` veb`v
se} egc sm` |`mjfb` bjf`gv` `` -\BL*' Vik` i sm`v`
c`fjvjigv me|` n`g`s`c sm` vses` vfebbz" egc ism`~v
me|` n`g`s`c bifeb di|`~gk`gsv i~ se}qez`~v'
g ec Bt Q~q~s Se Fjsj
Ig` fmegd` jg q~iq`~sz se} ebbifesjig ~`bes`v
si vi+febb`c gi egc bit q~iq`~sz se} fjsj`v' Fjsj`v
smes cjc gis b`|z e q~iq`~sz se}" b`|j`c igbz e |`~z
bit q~iq`~sz se}" i~ t`~` gis jgfi~qi~es`c ev fjsj`v
q~ji~ si sm` qevved` i Q~iqivjsjig56 szqjfebbz
~`f`j|`c `t q~iq`~sz se}`v pgc`~ EN =' Cp~jgd
sm` 5:=1v sm` B`djvbesp~` cj~`fs`c fipgsz epcjsi~vsi kic`vsbz jgf~`ev` sm` ekipgs i q~iq`~sz