This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River oil field near Bakersfield. Declining oil prices have resulted in a drop in Kern County’s taxable property values.
This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River oil field near Bakersfield. Declining oil prices have resulted in a drop in Kern County’s taxable property values. Jae C. Hong AP
This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River oil field near Bakersfield. Declining oil prices have resulted in a drop in Kern County’s taxable property values. Jae C. Hong AP
Capitol Alert

Capitol Alert

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California’s property tax revenues to increase by $3-plus billion

July 11, 2016 02:32 PM