Palisades homeowners property taxes are due today...
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I was thinking about his. And California has put in place some measures to help..
for most affected property owners, property tax relief options include a temporary reduction in the damaged or destroyed property’s assessed value, deferral of property taxes, and/or one or more options to transfer the damaged or destroyed property’s base year value to replacement property. A recently issued executive order also provides for a limited suspension on the imposition of penalties, costs, or interest for the failure to pay property taxes or file a personal property tax statement.
Still, this has to play havoc with LA County as this is a marked reduction in income from all of those homes and businesses - AND there is the expense of clean-up - and rebuilding of infrastructure including the removal of debris, rebuilding schools, etc.
And I think about the added cost of permitting - and such.
Gonna be a mess...
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