Small gain in property tax values

L.A. County was up 1.4 percent (to be applied to the 2011-2012 taxable year), OC was up 1 percent, and the state overall was up a meager 0.3 percent. Still, it's the first gain in three years. Actually, the numbers provide a good glimpse into California's economic recovery, with the 15 coastal counties showing a 0.9 percent gain and the 43 inland counties reporting a 0.6 percent drop. This coastal/inland divergence is showing up in other economic reports. Data is from the Board of Equalization (via the OC Register).