Mon03022015

News

Los Altos Police nab alleged burglar, identity thief

Los Altos Police nab alleged burglar, identity thief

The Los Altos Police Department received a call from a local resident reporting a suspicious vehicle in the area of Lockhaven and Stonehaven drives in Los Altos at 9 a.m. Monday. The resident, who reported that his mail was possibly stolen, provided ...

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Schools

Former NFL player huddles with Blach students about life choices

Former NFL player huddles with Blach students about life choices


Ellie Van HOutte/Town Crier
Former NFL tight end Eason Ramson visited with Blach Intermediate School students, Feb. 13 to share the perils of drug use. Now a motivational speaker, Ramson works with at-risk teens in San Francisco.

Although former ...

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Community

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show


Courtesy of Bev Harada
Chi Am Circle members, from left, Gerrye Wong, Sylvia Eng, Pearl Lee and Muriel Kao flank Larry Chu Sr. at the Jan. 31 event honoring the club’s 50th and Chef Chu’s 45th anniversaries.

Chef Chu’s restaurant in Los Altos ho...

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Comment

Freedom's just another word: No Shoes, Please

It used to be that the word “freedom” held exclusively positive connotations for me, but now it’s really become a mixed bag. It all started in 2001 when President George W. Bush asked the question he felt was on the minds of most Americans regarding ...

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Special Sections

Filoli in bloom: Historic estate hosts  classes, events and tours

Filoli in bloom: Historic estate hosts classes, events and tours


Ellie Van Houtte/Town Crier
Scenes from Filoli: The historic estate in Woodside is a welcoming sanctuary for visitors. The grounds offer a rotating display of seasonal flowers, a tranquil reflecting pool and paths that wend through the 16-acre Engl...

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Business

Stock volatility still confusing

The market opened down more than 100 points Friday but by noon rose more than 130, the form of volatility that quickly draws investors’ attention. By week’s end, the Standard & Poor’s 500 index and the Dow Jones industrial aver...

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Books

French novel

French novel "Hunting and Gathering" offers character-driven suspense


Anna Gavalda is a well-known author in her native France, where she has published six books, most of which have met with considerable praise and commercial success. Her fourth novel, “Hunting and Gathering” (Riverhead Books, 2007), is filled ...

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People

CHRIS A. KENISON

CHRIS A. KENISON

Feb 13, 1945-Feb 6, 2015

Resident of Los Altos

Chris was born in Georgia and moved to Oklahoma as a young child. He grew up there and moved to California in 1965. He developed a strong work ethic from his grandparents and parents. He attended the...

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Travel

Seoul of the city: Korean capital offers mix of old and new

Seoul of the city: Korean capital offers mix of old and new


Ramya Krishna/Special to the Town Crier
Seoul’s Cheonggyecheon public recreation space, above, features an elevated pedestrian bridge.

Seoul, South Korea, is a study in contrasts. Having grown quickly, the city is a mix of old and new.

Using...

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Stepping Out

'Park' in the hills

'Park' in the hills


courtesy of Foothill Music Theatre
Dot (Katie Nix) imagines her dream job as a follies dancer in the Foothill Music Theatre production of “Sunday in the Park with George.” The play runs through March 8.

Foothill Music Theatre’s production of “Su...

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Spiritual Life

Is your thought life sabotaging your spiritual journey?

My computer started having problems – there seemed to be some sort of malware running in the background. At first it was just annoying, then it began to slow down my computer, interfering with its basic operations. What is it doing? Why can...

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Magazine

Local events serve up family fun

Local events serve up family fun


Courtesy of Peninsula Youth Theatre
Peninsula Youth Theatre’s production of “Pecos Bill: A Tall Tale” is slated to open March 20 in Mountain View.

For families seeking a break from the daily routine, events abound this month and next in Los Alto...

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County assessor sees rise in local property taxes

Several thousand homeowners throughout Santa Clara County – including 1,100 in Los Altos and Los Altos Hills – should expect an increase in their property taxes, according to the Office of the County Assessor.

County Assessor Larry Stone reported that approximately 47,000 properties would see their assessed values fully restored this year following the real estate market downturn. Another 81,000 properties in the county, including nearly 750 in Los Altos, will experience a partial restoration of the assessed values, which Stone noted was a reflection of the surging residential property market.

“Unemployment has dropped to 7 percent, faster than the nation or the state. The NASDAQ is soaring. Apartment rents have reached record levels with single-family homes close behind. It was inevitable that property taxes would follow,” Stone said in a statement released June 6.

Stone said that while increases in property taxes are never welcome, this is “ good news” for the local economy – and homeowners.

“It means the value of most families’ single most valuable asset, their home, is once again regaining solid equity lost in the collapse of the residential housing market,” he said.

The news comes after 136,000 residential properties were assessed below their purchase price last year. Stone’s report noted that when the market value of a property declines below the previously established assessed value measured as of Jan. 1 each year (lien date), the assessor is required proactively to reduce the assessed value to reflect the lower market value. However, as the real estate market rebounds, the assessor must restore the assessed values.

Proposition 8, passed by California voters in 1978, mandates that property owners are entitled to the lower of the fair market value of their property (as of Jan. 1), or the base-year value as determined at the time of purchase or construction, and increased in accordance with Proposition 13 by no more than 2 percent annually.

“If a property assessment was reduced during the recession, the restoration of its assessed value is not limited to 2 percent, until the market value reaches a property’s purchase price plus the annual inflation increase of no more than 2 percent,” Stone said. “The market solely determines whether the assessed value of a property is reduced or restored.”

The assessor mailed more than 478,000 assessment notices June 28 to property owners in Santa Clara County. In addition to outlining assessed property value, the notice also details the process for requesting an informal review of the assessment. According to the report, the Assessor’s Office will complete as many informal reviews as possible prior to Aug. 1, the deadline for making changes reflected on the property-tax bill mailed in October. Additionally, the letter includes language outlining the process for filing a formal assessment appeal by the Sept. 16 deadline.

For more information, visit www.sccassessor.org.

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