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Atherton finance panel hears HDL—s property-tax review and $14.5 million revenue forecast
Summary
HDL presented the town—s property-tax roll for fiscal year 2025-26, showing growth driven by several high-value home sales and a blended town share of roughly 8.33 cents; HDL estimated general fund revenue at about $14.51 million and cautioned sales and new construction remain the greatest near-term uncertainties.
Atherton—s finance committee received a detailed review of the town—s property-tax roll for fiscal year 2025-26 and a revenue forecast that staff and HDL consultants said officials should treat conservatively.
Paul from HDL explained that property taxes are a lagging indicator: the assessor compiles the roll from January through June, the auditor applies direct assessments in July and August, and bills are typically printed and mailed in September and October with the first payment due in November 2025. "Property taxes are a lagging indicator of what…
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