Los Angeles County homeowners and community organizations will save a record-setting $598 million on their 2018 property tax bills, County Assessor Jeff Prang announced Tuesday.
The big numbers are the result of outreach and educational initiatives by Prang’s office, which is set to receive an award for its public information program.
“My dedicated staff work tirelessly to promote the valuable resources and saving opportunities that benefit L.A. County residents and businesses, and the record savings are a testament to our commitment toward excellence in service to the public,” Prang said.
More than 85 percent of the savings are attributable to thousands of community and faith-based organizations, including schools, hospitals and museums, which qualify for $52.1 billion in exemptions — or $520 million in savings — on property they own.
More than a million homeowners also qualified for exemptions for a portion of their property taxes on their principal place of residence, totaling $72 million in savings.
And disabled veterans saved a total of nearly $5 million due to exemptions offered.
The county property tax system generated more than $13.5 billion in revenues in 2017. The assessment rolls track the value of more than 2.4 million taxable real estate parcels; 170,000 business personal property assessments; 26,000 boats; and 3,000 aircraft, according to the assessor’s last annual report.
The Office of the Assessor has digitized more than 100 million documents and created a web-based portal that allows property owners to easily check relevant data, learn about available exemptions and file documents online. The portal has earned an Outstanding IT Service and Support Award, to be presented at the Los Angeles Digital Government Summit later this month.
The International Association of Assessing Officers also plans to recognize Prang’s office for its outreach campaigns that include resource fairs, social media messaging and audience-specific newsletters.
“These innovative and outstanding programs demonstrate a meaningful effort to connect the services of the Assessor’s Office with the public through outreach, education and technology,” said Chrissy Anderson, president of the Los Angeles chapter of the International Association of Assessing Officers.