"After the abrupt resignation of the county's 30-year former assessor, Larry Stone, a special contest to manage the county's $700 billion real estate roll is headed for a Dec. 30 runoff between Kumar, a former Saratoga councilmember, and Los Altos Vice Mayor Neysa Fligor - who also serves as an assistant assessor. Kumar faces an uphill battle against Fligor's commanding lead of 37% of the vote in the Nov. 4 special election. Still, it wasn't enough to win outright and avoid a runoff."
"His proposal seeks an amendment to Proposition 13, the " keep grandma in her house " bill, approved by voters in 1978. The proposition capped the annual increase in a property's assessed value at a maximum of 2% per year until it is reassessed due to new construction or a change of ownership. Kumar said he has already submitted ballot language to the state Attorney General's Office."
"Now Kumar is betting on a lofty set of campaign promises to take him the extra mile - most notably his proposal to exempt residents age 60 and older from paying taxes on assessed properties. After uproar and cries of illegality from established political circles, Kumar clarified his approach is to advocate for a statewide ballot measure to make the change."
A special runoff for Santa Clara County assessor is scheduled for Dec. 30 after the abrupt resignation of longtime assessor Larry Stone. The county's real estate roll totals about $700 billion. Candidates are Rishi Kumar and Neysa Fligor; Fligor holds 37% of the Nov. 4 vote but did not secure an outright win. Kumar proposes exempting residents age 60 and older from paying taxes on assessed properties by seeking an amendment to Proposition 13 and says he submitted ballot language to the state Attorney General's Office. The proposal has prompted accusations of illegality and criticism from established political circles, including Stone, while Kumar says he will advocate for a statewide ballot measure.
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