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Los Angeles County assessor briefs Pico Rivera on property values, disaster relief and tax programs
Summary
Los Angeles County Assessor Jeffrey Prang told the Pico Rivera City Council that county assessed values topped $2 trillion in 2024, described tax-relief programs for fire-damaged homes and urged residents to apply for the homeowners exemption.
Jeffrey Prang, Los Angeles County Assessor, told the Pico Rivera City Council on March 11 that the countywide assessed value of taxable property exceeded $2 trillion in 2024 and reviewed programs that can reduce bills for homeowners, including disaster relief for properties damaged by recent fires.
Prang said the county's total assessed value grew about 4.85 percent in 2024 and that transfers and the 2 percent annual increase permitted under Proposition 13 were the two largest drivers of that growth. "I do not collect property taxes," Prang said. "We are essentially real estate appraisers; we determine the value of your property." He said the assessor's office…
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