Los Angeles Assessment Passthroughs - How are they applied? (2014, property tax)

[flyingmonkey38]

Hi All,
I am a new property owner in the city of Los Angeles. I read through the LAHD RAC regulations (yes... I know.. I'm crazy). I found RAC 320, which allows the pass through of city assessments from 1911 assessments act (e.g. storm water, parks, etc.) My understanding is that city assessments can be passed through similar to capital improvements and that prior approval is not required from the LAHD. The city assessments (e.g. from the property tax bill) is divided by the number of units on the property then spread across a period of 60 months (5 years). For example if the 2014 city assessments were: $1200 and there were six units on the property. $1200 / 6 units = $200 / 60 months = $3.33 cents per unit / month. So in five years, it would stack and each unit would have an approximate pass-through from RAC 320 of $16.65 per month. Has anyone else done this? An example would be appreciated.

This is what I've found so far. Information is very limited. Any help would be appreciated!

RAC Regulation Overview:
[url]https://lahd.lacity.org/lahdinternet/RentStabilization/RACRegulations/tabid/193/language/en-US/Default.aspx[/url]

RAC 320:
[url]https://lahd.lacity.org/lahdinternet/LinkClick.aspx?fileticket=N6lh2NkyXFs%3D&tabid=193 &language=en-US[/url]

Assessment Acts (e.g. 1911):
[url]http://www.sco.ca.gov/Files-ARD-Local/LocRep/districts_uas_uasappc.pdf[/url]

[url=http://ceres.ca.gov/planning/financing/chap3.html]Chapter 3: Special Assessments[/url]

Sample Los Angeles Property Tax Bill (w/ Assessments):
[url]http://lacountypropertytax.com/portal/bills/annualbill.aspx[/url]

Department of Auditor/Controller (Assessment Agencies):
[url]http://onlineapps.auditor.lacounty.gov/da/[/url]

Thank you!

[thelopez2]

You might want to join Aagla.

[flyingmonkey38]

Thanks, I plan to. Do you have any info on passing the assessments?