MORE MONEY FOR SCHOOLS FROM THE RISE IN HOME PRICES

State Board of Equalization reveals that assessed property values in California have jumped six percent over the last year. This means $3.3 billion in higher revenues for schools and local governments – and higher tax bills for homeowners. That means more money for Cities and counties from tax revenues. Even the state general fund could get a small boost. We should see increases in funding for K-12 schools and community colleges when the governor releases his budget in January. For more information on how much your home is worth in todays market please contact our team at 949.857.5400 or info@MikeandMary.com #OC #Irvine #IrvineRealEstate