Notice of Proposed Tax Increase City of Woodland Hills

Notice of Proposed Tax Increase City of Woodland Hills

NOTICE OF PROPOSED TAX INCREASE

City of Woodland Hills

 

The WOODLAND HILLS CITY is proposing to increase its property tax revenue.

– The WOODLAND HILLS CITY tax on a $537,000 residence would increase from $1,161.91 to $1,425.65, which is $263.74 per year.

– The WOODLAND HILLS CITY tax on a $537,000 business would increase from $2,112.56 to $2,592.10, which is $479.54 per year.

– If the proposed budget is approved, WOODLAND HILLS CITY would increase its property tax budgeted revenue by 22.71% above last year’s property tax budgeted revenue excluding eligible new growth.

All concerned citizens are invited to a public hearing on the tax increase.

PUBLIC HEARING

Date/Time:  Tuesday, August 13, 2019 6:00 PM

Location :  Woodland Hills City Offices  City Council Chambers 690 S. Woodland Hills Drive,  Woodland Hills

 

To obtain more information regarding the tax increase, citizens may contact WOODLAND HILLS CITY at 801-423-3900