San Francisco OKs Budget Amid Slow Property Value Growth
It was a week of lows — and some highs — in Bay Area housing news as the region posted small growth rates for property values and home sales. For the fiscal year ended June 30, San Francisco’s assessment roll for land, structures and business property that are subject to property tax increased 1.8 percent, or about $353.5 billion, the San Francisco Chronicle reported. That marks the lowest year-over-year growth rate since 2011 and a decrease from 2.2 percent expansion the year prior, putting the city in last of the Bay...