History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
Declining property values mean $20 million less for local cities and schools
- 07-02-2010
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By Bonnie Eslinger/San Jose Mercury News
San Mateo County cities, schools and special districts will receive about $20 million less in 2010-11 because property values have decreased for a second straight year, according to data released Thursday by the county assessor's office. Assessor Warren Slocum blamed "depressed housing and commercial markets and a lagging local economy," and noted that in his 24-year tenure he has never seen a year-to-year decline in assessed property values. The 2010-11 annual assessment roll reflects the assessed value of all properties in the county as of Jan. 1 after accounting for changes in property values from the previous year. The county's annual assessment roll decreased by 1.39 percent, or $2 billion, from the previous year, according to the data. (more...)
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