YSK: A golf course worth between 6-9 billion dollars in California only paid $200,000 in property taxes because of a 1960 ballot measure passed by voters. If not for this ballot measure they would have paid between 60-90 million.
Because of this ballot measure Golf Courses in California are paying pennies on the dollar in property taxes because of a ballot measure that exempts them from being reappraised at their current value. Because of this California taxpayers are left high and dry scrambling to make revenue elsewhere for infrastructure improvements.
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YSK: A golf course worth between 6-9 billion dollars in California only paid $200,000 in property taxes because of a 1960 ballot measure passed by voters. If not for this ballot measure they would have paid between 60-90 million.
![YSK: A golf course worth between 6-9 billion dollars in California only paid $200,000 in property taxes because of a 1960 ballot measure passed by voters. If not for this ballot measure they would have paid between 60-90 million.]()
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