Posts Tagged ‘taxes’
CA Proposition 15 could bring millions to Oakland Schools, new burdens to businesses, tax assessors
Voters will decide next month whether to approve a ballot measure which could provide a windfall for schools and local governments, but a far greater burden on businesses and tax assessors. The existing property tax law is governed by a 1978 ballot measure, Proposition 13, which significantly limited state property taxes. But the new measure,…
Read MoreAs home values drop, county tells owners to pay less tax
Alameda County cuts billions from property values, again. What will it mean for Oakland’s finances?
Read MoreWill California’s new homebuyer tax credit help Oakland’s economy?
First time homebuyer Itoco Garcia says the federal tax credit made it possible for him to buy his home in North Oakland’s Golden Gate neighborhood. But will the new California homebuyer tax credit provide the same opportunities?
Read MoreMeasure NN fails — no new money for Oakland police
Nov. 5 – Measure NN, which would have increased taxes to expand the city’s police force, won 54 percent of the vote, but fell short of the two-thirds majority needed to pass.
Read MoreVV proposes tax increase to cover rising AC Transit costs
AC transit asks voters for more cash, to offset projected $20 million shortfall. Click here for the story.
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