On August 19, the Industry Business Council welcomes guest speaker Los Angeles County Assessor Jeffrey Prang.
Assessor Prang will provide the IBC and community members an overview of the Office, updates on the Assessment Roll, Business Property and the overall Real Estate Market. In addition, Assessor Prang will discuss Proposition 19 and what it means for Property Tax Transfers and Exemptions.
Los Angeles County Assessor Jeff Prang was elected in 2014 as the 27th Assessor for the County of Los Angeles and re-elected in 2018. Raised in Warren, Michigan, Assessor Prang is a graduate of Michigan State University. After graduation, Mr. Prang relocated to California where he served nearly 18 years as a councilmember for the City of West Hollywood, including four terms as Mayor, among many other positions in the public sector.
Upon taking office in 2014 as the Los Angeles County Assessor, Mr. Prang implemented sweeping reforms to ensure that the strictest ethical guidelines rooted in fairness, accuracy and integrity would be adhered to in his office. Assessor Prang is a State Board of Equalization licensed appraiser and administers the largest office of its kind in the nation, with 1,200 employees that provides the foundation for a property tax system that generates over $17 billion annually.
Don't miss this opportunity to learn the impacts of the latest Property Tax Transfers and Exemptions!