LOS ANGELES – Property value in Los Angeles County increased by $82 billion, or 3.91%, compared to last year’s estimate, marking 15 years of continuous growth despite the devastating wildfires that destroyed thousands of homes in January, the county Assessor’s Office announced Monday.

The growth translated to approximately $2.176 trillion in total net value, which is expected to provide $20 billion in property tax dollars toward public services such as education, first responders and healthcare workers, as well as other county services.

“As I said when I presented the forecast to the Board of Supervisors in May, this has been a very challenging year, highlighted by the devastation of the January wildfires that laid to waste large sections of Altadena and the Pacific Palisades,” County As

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