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Property Value Back Up

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After two years of declines, assessed property value is up 1.49 percent in LA County this year, for a gross property roll north of $1.1 trillion, according to the county assessor's annual report, as reported by the Daily News. That's without exemptions for things like religious entities--"After such deductions, the net roll total for the county was $1.056 trillion, up .36 percent from last year." In the city of LA, the gross assessed property value is $431.7 billion, up one and a half percent from last year. [LADN]