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Governor Arnold Schwarzenegger has proposed taking 8% of the property tax that cities receive. That would mean a loss of $1,202,358 for Arcadia. A chart shows how much other local cities may lose.

https://arcadiahistory.andornot.com/en/permalink/newspaper31480
Newspaper
Pasadena Star News
Date
May 21, 2009
Pages
p. A1, A8
More detail
Newspaper
Pasadena Star News
Date
May 21, 2009
Pages
p. A1, A8
Subjects
California state budget
Property tax
Recession
Item ID
31674AN
Collection
Newspaper Index
Less detail

Increased home values means the City of Arcadia will receive more money from property tax.

https://arcadiahistory.andornot.com/en/permalink/newspaper28913
Newspaper
Pasadena Star News
Date
July 29, 2004
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
July 29, 2004
Pages
p. A3
Subjects
Property Tax Valuations
Real Estate
Item ID
29104AN
Collection
Newspaper Index
Less detail

In this ailing economy, San Gabriel Valley property values have dropped significantly, as reflected in the county's home assessments. The county property roll is at $1.1 trillion, a nearly 1% decrease compared to 2008. Homeowners will have smaller tax bills but cities are having to reduce services and employees as they lose businesses, sales tax revenue, and property tax revenue. See a chart of Los Angeles County Assessor's Office property values report showing Arcadia and neighboring cities. Arcadia is a city whose 2009 value increased 2.2% compared to last year.

https://arcadiahistory.andornot.com/en/permalink/newspaper31566
Newspaper
Pasadena Star News
Date
July 10, 2009
Pages
"p. A1, A14"
More detail
Newspaper
Pasadena Star News
Date
July 10, 2009
Pages
"p. A1, A14"
Subjects
San Gabriel Valley - economy
Housing market
Property Taxes
Property values
Item ID
31762AN
Collection
Newspaper Index
Less detail

Many San Gabriel Valley cities are seeing an increase in property tax revenues in the 2009-2010 fiscal year, namely San Marino, Arcadia, Bradbury, Alhambra and South Pasadena. Arcadia's property tax revenue is expected to be $3,359,282.80 compared to $3,294,314.77 in 2008-2009. Other cities' figures are given. In the average city, property taxes make up 11% of the city budget.

https://arcadiahistory.andornot.com/en/permalink/newspaper31851
Newspaper
Pasadena Star News
Date
December 22, 2009
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
December 22, 2009
Pages
p. A1, A4
Subjects
Arcadia city budget
Property Taxes
Revenue
Item ID
32048AN
Collection
Newspaper Index
Less detail