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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
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
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