Real Estate/Development
Oct. 28, 2003
'2 Percent' Decision May Worsen State Deficit
BY ROBERT C. BARNES Just when Californians thought that the state's fiscal health couldn't get any worse, a case working its way through the appellate system - County of Orange v. Bezaire - could wreak further havoc on the deficit-ridden state budget.
BY ROBERT C. BARNES
Just when Californians thought that the state's fiscal health couldn't get any worse, a case working its way through the appellate system - County of Orange v. Bezaire - could wreak further havoc on the deficit-ridden state budget.
People call Bezaire the "2 percent" case because it deals with the 2 percent annual limit on increases in the assessed value of real property mandated by Proposition 13.
Nearly everyone knows...
Just when Californians thought that the state's fiscal health couldn't get any worse, a case working its way through the appellate system - County of Orange v. Bezaire - could wreak further havoc on the deficit-ridden state budget.
People call Bezaire the "2 percent" case because it deals with the 2 percent annual limit on increases in the assessed value of real property mandated by Proposition 13.
Nearly everyone knows...
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