SEAN GOLRIZ
REALTOR®
OCTOBER 2016 | ISSUE IV
Community
Newsletter
REALTORS® for
Relay for Life
KELLER WILLIAMS REALTY
15335 Fairfield Ranch Rd. #100
Chino Hills, CA 91709
BRE #: 01966647
(909) 263-4200
[email protected]
MARKET SNAPSHOT
Compared with last year: September 2015 vs. September 2016
This past August, REALTORS® from the Tri-Counties
Association of REALTORS® participated in the Relay
for Life at Ayala Park in Chino. Their fundraising efforts
brought in $2,156.00 to help find a cure for cancer. This
was an exciting event for the community and a rewarding
experience for all involved. Thank you to Lisa Mejri and
the Young Professional Network for organizing this event
that gives back to our community.
CHINO
HILLS
CHINO
UPLAND
DIAMOND
BAR
WALNUT
Political Corner
With the election less than 2 months away, we have a measure on the ballot of interest to local
taxpayers. Many local school districts in the region have put bond proposals on the ballot this
year. If passed, these bonds will increase the property taxes for a homeowner, making the dream
of homeownership slightly more difficult to reach. In our area, the Chino Valley Unified School
District and the Walnut Valley Unified School District are both asking their voters to approve
bonds that would be paid for with property taxes. The Walnut Unified measure would add $39 per $100,000 of assessed value, and the Chino
Valley Unified bond adds $60 per $100,000 of assessed value.
Another issue on the ballot for all of Los Angeles County will be a property tax for parks. Measure A would place an annual tax of 1.5 cents
per square foot of developed property. What is perhaps most troubling about this measure is there is no sunset date, meaning if it passes
this tax will be on Los Angeles County properties in perpetuity. The vote threshold is 2/3 plus 1, so this requires a super-majority to pass.
While not in our immediate region, all Californians should be aware of developments in San Mateo County in northern California. Measures
that are openly hostile to property right, such as “Just Cause Evictions” and rent control, are going before the voters there. The concern is
that if passed in San Mateo, those ideas will spread across the state. Property rights advocates across the state are joining together to fight
these measures to keep that from happening.
The California legislature could have significant changes this election, with all 80 Assembly seats and half the Senate seats up for grabs. The
expectation is the Democrats have a reasonable chance at picking up a 2/3 majority in each house. A 2/3 vote is needed to raise taxes, pass
constitutional amendments, and to approve “urgent” legislation that goes into law immediately rather than January 1st of the next year, so
that 2/3 “super majority” is very significant. In the State Senate, the 2/3 majority may well come down to the race for Senate District 29, which
encompasses Chino Hills, Diamond Bar, Walnut, Rowland Heights, and northern Orange County. Incumbent Senator Bob Huff is termed out,
and Assembly member Ling-Ling Chang (Rep) is running against Josh Newman (Dem) to fill this critical seat.
At the local level, we have important races for city council happening in Chino Hills and a contested race for Mayor of Chino. For all these
important races, we urge you to carefully study the candidates and issues.
USE A PROFESSIONAL - USE A REALTOR®!