From: ScottW48@hotmail.com   
      
   For the fiscal year ended June 30, San Francisco tax filers asked for an   
   average 48% reduction on property assessed at more than $60 billion, according   
   to filings with the city’s assessors office compiled by Bloomberg. The   
   values encompass taxable    
   business items such as fixtures and vehicles, though the bulk of the dollar   
   figures being appealed is tied to land and building assessments.    
      
   Of the 2,420 appeals heard by the board in the 12 months through June, about   
   55% received a reduction.    
      
   The city already faces a $780 million budget deficit through 2025, forcing   
   Mayor London Breed to raid her reserves and leave vacant jobs unfilled, among   
   other belt-tightening measures. San Francisco's latest budget assumes the city   
   will be forced to    
   refund $167 million to property owners over the next two fiscal years due to   
   appeals.   
      
   Wanna bet that $167M is just the tip of a rapidly growing iceberg?   
      
   ScottW   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)