Under its initial assessed valuation
for fiscal 2012, the annual property taxes on the Palladium were $65,887.
Protesting assessed valuations
that are too high is one way owners can keep some control over rising costs.
The 2,332 commercial properties in Worcester have an average assessed valuation
Westside property owners already pay about $18 per $100,000 assessed valuation
on a tax approved in 1989 that nine years later was extended until 2026.
Those changes added $2 billion in assessed valuation
to the utilities but the other classes ended up paying for it.
The Antelope Valley Union High School District will place a $177 million bond on the June ballot to expand and improve high schools and build two new ones that would annually cost property owners about $30 per $100,000 assessed valuation
Depending on how fast the assessed valuation
in the Westside district grows, the bond amount could range anywhere from $52 million to $75 million, Rossall said.
District officials are considering trying to pass the bond measure under Proposition 39, which would require approval by 55 percent, rather than two-thirds, of the voters and would cap taxes at $30 per $100,000 assessed valuation