Helicopter Work within Portuguese Bend Reserve March 8 and March 11-13

Helicopter operations will be taking place in the vicinity of the Portuguese Bend Reserve March 8 and March 11-13 as part of a high-priority project to remove Southern California Edison distribution equipment from utility poles within the Portuguese Bend Reserve. This is part of a larger project to remove 40 utility poles from the Portuguese Bend Reserve due to the accelerated land movement. Flight will take place from 9 a.m. until sundown each day. Please note that Portuguese Bend Reserve will remain fully closed through March 13. If you have questions, please contact the Public Works Department at 310-544-5252.

How Property Owners Can Apply for a Decline-in-Value Review

If you believe that your property value warrants review due to a decline in market value, you may file an application for Decline-in-Value Review by the Los Angeles County Assessor’s Office.

The annual Decline-in-Value filing period is July 2 through November 30.

California’s Proposition 13 established the base year value for property tax assessment. It also caps the growth of a property’s assessed value at no more than 2% a year unless the market value of a property falls below the base year value.

In 1978, California voters passed Proposition 8, a constitutional amendment that allows a temporary reduction in assessed value when a property suffers a “Decline-in-Value.” A Decline-in-Value occurs when the current market value of your property is less than the current assessed value as of January 1.

It is important to keep in mind that owners that experienced a reduction in property taxes in prior years, could see their property tax bill go up by more than 2% in markets where property values have increased. Property owners are encouraged to go to assessor.lacounty.gov/tax-relief/decline-in-value for more information about Decline-in-Value and how property value is assessed.