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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

PILOT PROGRAM TO IMPROVE PROPERTY TAX ADMINISTRATION

April 1, 2014

The Legislative Analyst’s office has released a report on the “Pilot Program to Improve Property Tax Administration” contained in the Governors 2014-15 Budget Proposal. The LAO provides an overview of local property tax administration and review the administration’s proposed three-year pilot program to improve tax administration and generate state General Fund savings. “In particular, we (1) describe how the current property tax system weakens the incentive counties have to fund property tax administration, (2) review and evaluate the administration’s three-year pilot program to improve county incentives, and (3) provide recommendations regarding the pilot’s design. In our view, the administration’s pilot program merits the Legislature’s serious consideration but could be improved by incorporating several modifications.” Click here to read the full report.

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