Properties for sale

An Introduction to Property Tax

Property taxes give state and local governments a dependable source of revenue to help pay for public schools, roads, parks, public safely, and government administration. Levied at every level of local government, from state to county to special districts, property taxes pay for public services. These taxes are often complex and not well understood.

Public schools are often the biggest line item for receiving funding from property taxes. Because the U.S. government contributes about 10 cents to every dollar spent on K-12 education, most of the money that pays for education comes from state and local governments. Thus, schools are highly dependent on the property wealth of a community.

In California, property tax is one of the largest taxes paid. Sometimes, Californians pay more in property taxes and charges than they do in state personal income taxes. Property tax is unpopular among taxpayers, partly because it varies between regions. Different assessments for similar properties seem unfair, and the tax may burden fixed-income property owners in high-growth areas.

RSG analyzes, projects, and explains property tax revenues for local government organizations to assist with budgeting, upholding the specifications in their tax sharing agreements, and presenting information to the public.

Written by Evanne Holloway, a Research Assistant at RSG

RSG Offers Real Estate Brokerage Services to the City of Irwindale

5257 Vincent Avenue, Irwindale an Industrial/Office Property Available for Sale

5257 Vincent Avenue, Irwindale an Industrial/Office Property Available for Sale

RSG has secured a contract for broker service work for the City of Irwindale and hired three more licensed California real estate brokers – Andrew Gee, Nate Gunderman, and Jeff Khau.

As a California commercial broker, RSG provides a variety of real estate brokerage and advisory services.  The company has advised clients on more than 700 real estate projects entailing investments of more than $5 billion while displaying a steadfast commitment to community development.  RSG is uniquely positioned to help clients execute real estate transactions, while also positively impacting the future of the community and navigating the process of disposing of properties as part of California's redevelopment dissolution process. 

RSG's current property listings in Irwindale include several former redevelopment properties, pursuant to the City’s Long-Range Property Management Plan approved by the State Department of Finance.  Companies doing business there include Ready Pac Foods, MillerCoors, Decore-ative Specialties, Huy Fong Foods and Southern California Edison.  

Contact us directly to learn how your community can still achieve its economic development goals in a post-redevelopment world by making strategic real estate decisions.