Acton
Acton, CA · Municipal
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Westside Current
Ocean-Damaged Malibu Properties May Qualify for Property Tax Relief
MALIBU - Beachfront property owners whose properties sustained damage from high tides and powerful ocean swells may qualify for lower property taxes. The City of Malibu is urging affected owners to consider Los Angeles County's Misfortune or Calamity reassessment program. Properties with at least $10,000 in qualifying physical damage may be eligible, and owners must submit an application within 12 months of the date the damage occurred. The assistance comes through an existing disaster relief program administered by the county assessor. In an October notice explaining the program , the county identified coastal surges among the natural disasters whose damage may qualify for relief. For eligible owners, reassessment can mean a corrected tax bill or a refund of taxes already paid. The county's property tax guidance says the adjustment reflects the reduction in property value beginning on the date of damage. The amount of relief depends on the loss in value and the period covered by the adjustment. Owners must file Form ADS-820, the application for reassessment of property damaged or destroyed by misfortune or calamity. Malibu's notice says contractor estimates or other documentation of repair costs can support the damage assessment. If approved, the reduced assessment remains in effect
The US Sun
Holiday lights festival bans eating food and slaps homeowners with fines up to $500
HOMEOWNERS in one US city could face hefty fines if they fail to comply with new rules for a holiday lights festival. City officials are hoping to improve the festival for both guests and community members. In Torrance, California, new rules have been announced for the annual Seaside Holiday Lights...