Property tax revenue plummets with home values

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January 26, 2009
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Consider that almost 250,000 homes in California were repossessed by lenders last year, according to ForeclosureRadar.com, and you get a sense of the mega dollars lost to the cities, counties, K-12 schools, community colleges and special districts that rely on property tax revenue.

Written by:
Written on:
January 26, 2009
Category:
Not Categorized