• Episode 40 - Mythbusters: Property Taxes

  • Jan 25 2025
  • Length: 28 mins
  • Podcast

Episode 40 - Mythbusters: Property Taxes

  • Summary

  • The Hidden Truth Behind Your Property Taxes - Unpacking Prop 13's Impact Welcome to another insightful episode of the Calimesa Insider podcast! This week, City Manager Will Kolbow dives deep into the complex world of property taxes and their consequential impacts on local government services. Are the proposals of more sales taxes a result of mismanagement, or is there much more beneath the surface? Discover how a law passed over 40 years ago, Proposition 13, continues to affect city revenues, property values, and funding for essential services in Calimesa and cities all over California today. With a focus on recent city council appointments and the upcoming budget process, this episode is packed with vital information every resident should know. Make sure you understand how local tax policies influence the services you receive and why over 100 cities had sales tax measures on the ballot. Tune in, subscribe, and share this episode to keep your community informed! 00:00 Introduction and Overview 00:38 Host Introduction and Podcast Updates 01:24 City Council Meeting Highlights 02:20 Diving into Taxation Issues 04:06 Understanding Property Taxes 08:24 Impact of Proposition 13 15:22 Comparing Local Tax Distributions 16:07 State Budget Deficits and ERAF 18:33 Vehicle License Fees and the Triple Flip 21:45 Current Property Tax Distribution 26:31 Conclusion and Final Thoughts

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