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Good Time To Be A County Assessor

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The Riverside home assessors office gets 100 calls a day from people wanting to get their property values reassessed, county Assessor Larry Ward tells the LA Times for a story about falling property taxes. Last year in Riverside, values were slashed by $43,000, and the homeowners received a $500 tax break; in LA County, homeowners got an average tax saving of $660. [LA Times]