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2. 1978 California Proposition 13 - Wikipedia

   en.wikipedia.org/wiki/1978_California_Proposition_13

   The disparity grows when property prices appreciate by more than 2% a year. The Case–Shiller housing index shows prices in Los Angeles, San Diego, and San Francisco appreciated 170% from 1987 (the start of available data) to 2012 while the 2% cap only allowed a 67% increase in taxes on homes that were not sold during this 26-year period.

3. California Department of Real Estate - Wikipedia

   en.wikipedia.org/wiki/California_Department_of...

   The California Department of Real Estate ( DRE) is a California state agency focused on safeguarding and promoting the public interest in real estate matters through licensure, regulation, education, and enforcement. Employees headquartered in Sacramento and in district offices in Oakland, Fresno, Los Angeles, and San Diego carry out the DRE's ...

4. Mello-Roos - Wikipedia

   en.wikipedia.org/wiki/Mello-Roos

   The Community Facilities Act was a law enacted by the California State Legislature in 1982. [2] The name Mello-Roos is derived from its co-authors, Senator Henry J. Mello (D-Watsonville) and Assemblyman Mike Roos (D-Los Angeles). When Proposition 13 passed in California in 1978, it limited the property tax rate and the ability of local ...

5. California State Board of Equalization - Wikipedia

   en.wikipedia.org/wiki/California_State_Board_of...

   The California State Board of Equalization ( BOE) is a public agency charged with tax administration and fee collection in the state of California in the United States. The authorities of the Board attempt to ensure that counties fairly assess property taxes, collect excises taxes on alcoholic beverages, administer the insurance tax program ...

6. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...

7. Taxation in California - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_California

   1.25% – Uniform Local Tax. 0.25% – Local County – Transportation funds. 1.00% – Local City/County – Operational funds. The statewide sales tax in California was first imposed on August 1, 1933, at the rate of 2.50% under the "Retail Sales Act of 1933." [11] No local sales taxes were levied at that time.