California's Uneven Property Tax

The California property tax system puts an unfair burden on homeowners and new businesses.

1 minute read

June 30, 2003, 3:00 PM PDT

By Chris Steins @planetizen


"..Walt Disney Co. pays as little as 2 and 3 cents per square foot for some of theparcels that make up the original Disneyland, with the average being about a nickel. Under Proposition 13 rules, Disney's taxes on that land are based on the assessed value from the late 1970s, when Proposition 13 kicked in... In its report, the Senate Office of Research focused on "loopholes" that allow business ownership to change without triggering a reassessment. A change of ownership on a home is easy to determine, but it can be murkier for businesses. Does a publicly traded company change hands, for example, when a majority of its stock turns over? And if stock turnover equals ownership change, how can assessors keep track of it?"

Thanks to Chris Steins

Monday, June 30, 2003 in The Los Angeles Times

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

High-rise apartment buildings in Waikiki, Hawaii with steep green mountains in background.

Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss

The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.

April 6, 2025 - Honolulu Civil Beat

Two yellow and white Dallas Area Rapid Transit light rail streetcars at station in Dallas, Texas.

North Texas Transit Leaders Tout Benefits of TOD for Growing Region

At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.

April 3, 2025 - KERA News

Blue and white Seattle Link light rail train exiting concrete Downtown Bellevue Tunnel in Bellevue, WA.

Why Should We Subsidize Public Transportation?

Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.

April 7, 2025 - Todd Litman

Amtrak Acela

How to Make US Trains Faster

Changes to boarding platforms and a switch to electric trains could improve U.S. passenger rail service without the added cost of high-speed rail.

April 11 - Bloomberg CityLab

Mural showing tools and craft supplies with banner reading 'Things are made here' in front of makerspace in Columbia, Missouri.

Columbia’s Revitalized ‘Loop’ Is a Hub for Local Entrepreneurs

A focus on small businesses is helping a commercial corridor in Columbia, Missouri thrive.

April 11 - Next City

Close-up of wood log with emerald ash borer larvae tracks etched in the wood.

Invasive Insect Threatens Minnesota’s Ash Forests

The Emerald Ash Borer is a rapidly spreading invasive pest threatening Minnesota’s ash trees, and homeowners are encouraged to plant diverse replacement species, avoid moving ash firewood, and monitor for signs of infestation.

April 11 - The Bemidji Pioneer