property tax

CRA President and CEO Rachel Michelin in Sacramento NBC Affiliate KCRA 3: California’s Prop. 15 would raise taxes on commercial buildings

Opponents say proposition has hidden agenda; supporters say it will help schools SACRAMENTO, Calif. — It’s one of the hottest issues on the November ballot — but it is often misunderstood.  Proposition 15 promises the biggest change in property taxes in 40 years. The measure would raise up to $11.5 billion for schools and local […]

CRA President and CEO Rachel Michelin in Sacramento NBC Affiliate KCRA 3: California’s Prop. 15 would raise taxes on commercial buildings Read More »

CRA’s President and CEO in BISNOW: California CRE’s ‘No. 1 Target’ On The Ballot May Be A Close Call

California’s commercial real estate industry is preparing for the home stretch of an election campaign that could have major consequences for the state’s property owners and businesses. Thus far, it is shaping up to be a close call, at least for one of the industry’s two big items. Proposition 15, which would raise taxes on commercial

CRA’s President and CEO in BISNOW: California CRE’s ‘No. 1 Target’ On The Ballot May Be A Close Call Read More »

Watch CRA President Take on CTA in Prop 15 assessment

California Retailers Association President and CEO Rachel Michelin participated in a virtual assessment of Proposition 15 hosted by the Public Policy Institute of California. The public forum included arguments for and against the initiative, which will appear on the November ballot and, if passed, would change tax assessment of commercial and industrial property, resulting in

Watch CRA President Take on CTA in Prop 15 assessment Read More »

CRA President Rachel Michelin Responds to Governor Newsom’s support of Proposition 15

Sacramento, CA – September 12, 2020 – The California Retailers Association President Rachel Michelin made the following statement regarding Governor Newsom’s support of Proposition 15.  “I am disappointed that Governor Newsom announced today that he supports an $11.5-billion property tax increase—the largest in state history—while millions of Californians remain unemployed. For retailers, this means either higher property

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CRA President and CEO Rachel Michelin responds to Split-Roll Initiative Ballot Qualification

Courthouse News Service NICK CAHILL MAY 29, 2020 SACRAMENTO, Calif. (CN) — The coronavirus pandemic and California’s shattered finances have injected urgency into an initiative that qualified for the November ballot Friday which — if passed — would reform the state’s landmark property tax code to raise billions for cash-strapped schools and counties. California Secretary

CRA President and CEO Rachel Michelin responds to Split-Roll Initiative Ballot Qualification Read More »

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