If the home’s market value exceeds its tax base value plus $1,022,600, it triggers a reassessment, adding the amount exceeding the value limit to the factored base year value.

Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

Last week’s column explored Proposition 19 and the number of property tax transfer applications approved statewide in the last fiscal year. Voters in 2020 approved Prop. 19, which allows property ...