A Primer on Proposition 13

A Primer on Proposition 13

A ballot measure is coming to the November 2020 ballot to change Prop 13, which change would create what is called a “split roll”. The “split roll” would increase property taxes for commercial and industrial properties, except those zoned as commercial agriculture or that are owned by small businesses (fewer than 50 employees). So, if you are a homeowner, you can rest at ease… for now. Some opponents on the measure argue that this change to Prop 13 will only bring on more change in the future. You may be wondering what exactly is Prop 13?