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October 29, 2008

Update: SF Property Tax Reductions

Our assessor-recorder’s office just announced that it’s completed all the requests by San Francisco homeowners for temporary reductions in assessed property value. All told, there were 810 homeowners who actually received the reductions, and a total of 1,673 requests. The average reduction was 11.5 percent.

Most reductions were centered in the Financial District, Bernal Heights, SoMa, and the Crocker Amazon/Hunters Point areas.

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