When it was approved by voters in 1978, Proposition 13 brought lower real property taxes for owners of residential, commercial and farm properties throughout California. It accomplished this through a rollback of property values to 1976 levels and a limit on annual increases in property taxes. A recent effort in the legislature to push forward...Read More

California taxpayers made their voices heard in 1978 when they went to the polls and approved Proposition 13. Under Proposition 13, property taxes are limited to one percent of the assessed value. Additional property taxes may be approved for schools or local projects, which can vary amongst communities and bring the tax rate higher than...Read More