“Prop. 13 has done a tremendous amount of damage to the state’s fiscal situation and, as your examples illustrate, has many negative side effects.”
despite proposition 13, property tax revenue has gone up nearly 10% annually for the past decade. This is much higher than (the official rate of) inflation during the same time period.
If we are nearly bankrupt after a decade of 9% annual increases in property tax revenue there is nearly certainly a spending problem rather than a lack of revenue problem, in my opinion.
