As a property owner in Los Angeles County, it's essential to understand the tax laws and regulations that apply to your property. The Los Angeles County Treasurer and Tax Collector is responsible for collecting property taxes on behalf of the county, cities, and special districts.
Property taxes are calculated based on the assessed value of your property, which is typically a percentage of its market value. The assessed value is determined by the county assessor's office and is used to calculate the amount of property tax you owe.
The revenue generated from property taxes is used to fund various public services and infrastructure projects throughout Los Angeles County. This includes funding for local schools, law enforcement agencies, fire departments, and other essential services.
In addition, a portion of the revenue is also allocated to special districts, such as water and sewer districts, which provide critical services to residents.
While it's not possible to completely eliminate your property tax bill, there are some steps you can take to reduce the amount you owe. This includes appealing your assessed value if you believe it's too high or taking advantage of available exemptions and deductions.
It's also important to note that the Los Angeles County Treasurer and Tax Collector offers various payment plans and options for those who may be experiencing financial difficulties.