Prang’s primary responsibility is the annual Assessment Roll, the inventory of all taxable property in the L.A. County. He begins a new term.
Los Angeles County Assessor Jeff Prang was sworn into a new term in office Thursday, Dec. 8, at Monterey Park City Hall in the Council Chambers.Assessor Prang’s primary responsibility is the annual Assessment Roll, the inventory of all taxable property in the L.A. County. The Roll is vital as a planning document for local governments as they prepare their budgets in anticipation of property tax revenues.
The Roll grew by a record $122 billion, , over the prior year to a $1.89 trillion in total net value. The total net value translates to nearly $19 billion in property tax dollars for vital public services such as public education, first responders and healthcare workers, as well as other county services.
Prang won more than 50% of the vote in the June primary, eliminating the need for a run-off in the November General Election. In his address, Prang, the 27th Assessor for L.A. County, highlighted the triumphs as well as the challenges that lay ahead. “We have achieved many of the tasks we set for ourselves four years ago, demonstrating definitively that the Assessor’s Office is an agency of which its employees and the public can be proud,” Assessor Prang said in a statement. ” I am excited for what the next four years will hold as we complete the technological innovation of the Office, bring new vision to our public service, and continue to dedicate ourselves to the people of Los Angeles County.
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