California's Uneven Land Tax

Taxable values in California counties are soaring as a result of new construction and property sales. But utilities are exempt. What's going on?

1 minute read

September 13, 2000, 10:00 AM PDT

By Laura Kraft

"A state board is quietly granting utilities and large businesses millions of dollars in tax breaks as part of a policy shift that critics warn could drain billions from police, fire departments, roads, health clinics and schools." The property roll assessments from companies like Pacific Gas and Electric Co. and Pacific Bell, are $12 billion less than they were 10 years ago.

Thanks to Laura Krafft

FULL STORY: State Losing Millions in Tax Revenue

Wednesday, September 13, 2000 in The San Francisco Chronicle

Government / Politics California

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