PROPOSITION 13 – FACTS AND FIGURES

“I’ve had all that I can stand — I can’t stands no more!” is what Popeye says right before he rights a wrong.  One can imagine that is exactly what Rex Hime, President & CEO of CBPA said as he penned the following article.  This is right after reading another ill-informed political attack on Proposition 13… they are plentiful these days as many advocacy groups that have had an eye on raising your property taxes feel that their time is now with the new Democratic supermajorities in both houses.

Hime starts by noting, “local revenues, like state revenues, have been increasing far past the rate of inflation for years. According to the Board of Equalization’s Annual Report, total property tax levies in 1991-92 were $17.7 billion.  In 2010-11 total property tax levies were $48.9 billion. Adjusted for inflation, property tax levies in 2011 should have been $28.4 billion with respect to the 1992 baseline.”

He goes on to note, “Similarly, state spending (general fund plus special funds) since the passage of Prop 13 in 1978 has increased from $18.4 billion to a proposed $138.6 for FY 13-14. Adjusted for inflation, 1978’s rate of spending would be $64.8 billion this year, less than half of what the state will actually spend.”

And debunking the myth that the local 2/3’s vote threshold is “making it impossible” for locals to raise taxes, Hime says, “since 2001, 60% of local tax measures requiring this impossible 2/3 threshold have passed. 81% of local measures requiring 55% of the vote have passed in that time.”

Although he didn’t finish the piece with, “I y’am what I y’am,” Hime does have a lot more interesting facts in the piece that you can read here.

In order to help combat the oncoming war of misinformation in an effort to remove the protections of Prop 13 from commercial properties, we ask that you become familiar with some of these basic stats.  We also recommend continuing to be engaged through us, and consider becoming active with Californians Against Higher Property Taxes.

All of this is to combat the fiscal irresponsibility summed up so well by Popeye’s pal J. Wellington Wimpy who is well fed but constantly broke: “I’ll gladly pay you Tuesday for a hamburger today”.

 

 

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