PRANG’S OATH OF OFFICE DEC. 8 IN MONTEREY PARK
Keynote Address: Highlighting Triumphs, Challenges Ahead
LOS ANGELES, CA – Los Angeles County Assessor Jeff Prang will be sworn into office at 11:30 a.m., Dec. 8, 2022 at Monterey Park City Hall in the Council Chambers.
Assessor Prang won more than 50% of the vote in the June primary, eliminating the need for a run-off in the November General Election.
Prang, the 27th Assessor for LA County, is scheduled to highlight the triumphs as well as the challenges that lay ahead in his keynote address. The Master of Ceremonies will be FOX 11 Good Day LA Anchor Bob DeCastro while the Oath of Office will be administered by Glendale City Clerk Dr. Suzie Abajian, who has a Ph.D. in Education from UCLA and was named Congressional Woman of the Year in 2018 by Rep. Judy Chu, D-28th Congressional District.
“We have achieved many of the tasks we set for ourselves four years ago, demonstrating definitively that the Assessor’s Office is an agency of which its employees and the public can be proud,” Assessor Prang said. ” I am excited for what the next four years will hold as we complete the technological innovation of the Office, bring new vision to our public service, and continue to dedicate ourselves to the people of Los Angeles County.”
DETAILS
11:30 A.M.
Dec. 8 2022
Monterey Park City Hall
City Council Chambers
320 West Newmark Avenue
Monterey park, CA 91754
Assessor Prang administers a department of about 1,400 employees located in six different offices throughout the County. He oversees the largest local property assessment agency in the United States and is responsible for valuing over 2.5 million real property parcels, which includes land and improvements.
First elected in 2014, Assessor Prang has implemented the strictest ethical standards rooted in fairness and accountability. He has continued to provide quality public service while implementing a number of projects aimed at supporting efficiency, operations, and community engagement.
Assessor Prang’s primary responsibility, though, is the production of the annual Assessment Roll, which is essentially the inventory of all taxable property in the County. The Assessment Roll serves as an important planning document for local governments as they prepare their budgets in anticipation of property tax revenues. It also serves as an important economic indicator about the health of the local real estate market.
Assessor Jeffrey Prang recently certified the 2022 Assessment Roll, reflecting economic growth for the 12th-consecutive year with the increase in assessed value of all taxable property countywide. Assessments are based on the value of property as of the lien date of January 1, 2022.
The Roll grew by a record $122 billion, (or 6.95%), over the prior year to a $1.89 trillion in total net value. The total net value translates to nearly $19 billion in property tax dollars for vital public services such as public education, first responders and healthcare workers, as well as other County services. The ceremony will broadcast live on the Assessor’s Facebook page.
