That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.
Did the population of CA increase by 62% in 7 years? 30%?[/quote]
Based on the CPI, $85b in 2000 dollars is $106b in 2008 dollars.
Of course, increases in revenue would also need to be inflation adjusted.
