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which collected $1.5 billion in property taxes in 2022. How are you arriving at that number? Looking at Kern County's budget: Property related revenue of $477
by pvg 3y ago
which collected $1.5 billion in property taxes in 2022.
How are you arriving at that number? Looking at Kern County's budget:
Property related revenue of $477.1 million primarily consists of funding from property taxes and is projected to increase by $16.5 million, or 3.6% from the FY 2022-23 Adjusted Budget. This is primarily due to an anticipated increase in the assessed valuation of properties within the County.
From: https://www.kerncounty.com/government/county-administrative-office/cao/budget-and-finance/county-budget https://www.kerncounty.com/government/county-administrative-...
Or some years ago:
In 2016, property tax revenues from oil and gas properties were approximately $40 million, or 12% of the county’s discretionary revenue.
https://archive.revenuedata.doi.gov/archive/case-studies/kern/ https://archive.revenuedata.doi.gov/archive/case-studies/ker...
- jeffbee 3y agoIt is in the county's annual report. NB: the way county tax revenues are divided in California is complex and the county's budget is not all-inclusive. Most of the revenue is collected by the county on behalf of cities, school districts, parks districts, fire, library and etc etc districts.
- pvg 3y agoRight but your argument can't be 'it's complicated' with neither the number nor the reason you're choosing your number that way. Presumably that's why the DOI report uses 'county tax as fraction of discretionary revenue'. You're using 'number plucked from unstated reference as fraction of ?'.
- jeffbee 3y agoThe thing discussed in the article isn't a tax dedicated to one purpose, it is an ad valorem tax that is divided proportionally among the agencies. It says "$68 million a year in county property tax revenue to the county, $25 million to surrounding cities" which just isn't a lot in the context of Kern County. I thought it was easy enough to find their reports but if your search engine isn't up to the job: https://www.auditor.co.kern.ca.us/cafr https://www.auditor.co.kern.ca.us/cafr
- pvg 3y agoif your search engine isn't up to the job You're right, I should have used Google Weasel.