(Via: Allen Matkins, By: William R. Ahern, Anosh Ali, Jared C Kassan) 11.13.20 On November 3, 2020, voters across the State of California were asked to consider various state and local ballot measures. The hardest fought campaign, Proposition 15, asked voters whether to rescind property-tax rules applicable to commercial and industrial property that generally require […]
Proposition 13 revise: Proposition 15 would be biggest change to California property taxes in 4 decades
(Via: Roland Li and Joe Garofoli Oct. 5, 2020 Updated: Oct. 5, 2020 4 a.m.) Norges Bank, Norway’s sovereign wealth fund, caught a break when it bought a minority ownership stake in two San Francisco buildings four years ago. Norges paid $453 million for 44% ownership of 100 First St. and 303 Second St. It was an example of soaring San […]
Proposition 13 Ballot Fight Intensifies with Coronavirus Pandemic
(Via: Joe Garofoli – San Francisco Chronicle) May 26, 2020 Updated: May 29, 2020 3:49 p.m. A proposed change to California’s sacrosanct Proposition 13 that seeks to raise $12 billion annually for schools and local government was already primed to be one of the hottest battles on the November ballot before the coronavirus pandemic hit. But the financial damage brought on […]
