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SACRAMENTO, Calif. (KGTV) -- California organizations and prominent businesses leaders are rallying support to repeal part of Proposition 13, a landmark vote that limited property taxes statewide.The portion organizations have taken aim at would leave property tax protections in place for homes and residential properties, but would substantially increase taxes on commercial property, creating a so-called “split roll,” according to the Sacramento Bee.A group that supports the initiative to change Prop 13, Schools and Communities First, has gathered 860,000 in an effort to get the measure on the November 2020 ballot.RELATED: San Diego ranked third for hidden costs of owning a homeThe state’s Legislative Analyst, Mac Taylor, concluded that the changes most years would result in an additional revenue of to billion.Proposition 13 was passed by California voters in June of 1978 and limits property tax. Prior to the passage of Prop 13, each local government throughout the state could set its property tax annually.This meant the average rate throughout California was nearly three percent. Under the proposition, a property’s overall tax rate statewide is limited to one percent.RELATED: Gas tax repeal qualifies for November ballotTaxes on property are already one of California’s largest sources of government revenue, raising billion in the 2014 to 2015 budget year, according to the Legislative Analyst’s Office.The chart below paints a picture of what happened to tax revenue following the passage of Prop 13 as well as revenue in recent years. One of the reform’s biggest proponents, The San Francisco Foundation, says the revenue could be used for schools, health clinics, infrastructure and other community services.“This is a watershed moment for California,” said Fred Blackwell, CEO of The San Francisco Foundation. “Closing these tax loopholes will restore over billion every year in desperately needed resources for our schools, clinics, and other critical services. It is an investment in a brighter future—expanding access to opportunity and bringing greater racial and economic inclusion to the Bay Area and across the state.”RELATED: San Diego tax increase proposal moves forwardGroups like the California Chamber of Commerce, however, oppose the plan split roll plan. The chamber says higher commercial taxes would be passed on to consumers. The CalChamber board added that, if changes to Prop 13 pass, they fear local governments would move toward approving commercial retail development instead of badly-needed housing developments.  2624

SAN DIEGO (AP) -- Eric Hosmer hit a historic shot that made San Diego the first team in the majors to launch grand slams in four straight games, and the Padres needed an unearned run in the 10th inning for a wild, 8-7 win over the Texas Rangers.The Padres swept the four-game, home-and-home series, with a slam in each one. Hosmer's go-ahead shot against Kyle Gibson with one out in the fifth inning bounced off the top of the right field wall and into the seats for a 5-2 lead.Earlier this week, Fernando Tatis Jr., Manny Machado and Wil Myers slammed the Rangers.The Padres' 5-2 lead would not last, as reliever Michel Baez gave up a three-run double to Danny Santana in the top of the 7th. Texas grabbed a 6-5 lead one inning later on a Jose Trevino RBI single.San Diego regained the lead in the bottom of the eighth inning, thanks to back-to-back homers from Ty France and Austin Hedges.Emilio Pagan was sent in to close the game in the top of the ninth, but Nick Solak tied the score at 7-7 with a solo shot to right center.The game went to the 10th inning, and after the Rangers were unable to score in the top half of the frame, Jake Cronenworth's single to center slipped past the glove of outfielder Scott Heineman, allowing Myers to score from second base for the victory. 1290

SAN DIEGO (CNS) - A 52-year-old man was struck and gravely injured Sunday in a San Diego trailer park, and the motorist who hit him in a stolen Hummer was arrested.The incident began just after 11:10 a.m. when the San Diego police received a call from Chula Vista police who were involved in the pursuit of the stolen Hummer, SDPD Lt. Andra Brown said.The Hummer was snatched from a RoadOne impound yard in Chula Vista, SDPD Lt. Bryan Brecht told the media.The vehicle initially crashed at a gas station at 1400 Melrose Ave. in Chula Vista, but continued evading police south on Interstate 5, exiting into a trailer park at 1600 Palm Ave., Brown said.Officers tried to stop the driver but he sped away and hit the pedestrian, Brown said. It appeared the collision was intentional, Brown added.The 44-year-old driver was eventually taken into custody with help from a K-9 dog deployed to stop him, Brown said. The driver was taken to a hospital for treatment of minor injuries before being taken into custody. His name was not immediately available.The victim suffered severe trauma and was unresponsive when paramedics transported him to a hospital, Brown said.Because of the severity of the pedestrian's injuries, the case was being investigated by the SDPD's homicide unit, she said.Anyone with information on this crash was asked to call the homicide unit at 619-531-2293 or Crime Stoppers at 888-580-8477. 1417

SAN DIEGO (CNS) - A distraught man driving a van stolen in Sorrento Valley led San Diego police and the California Highway Patrol on a lengthy chase Thursday that ended in Riverside County, authorities said.San Diego Police Department Officer Scott Lockwood said the white van was stolen from the 9400 block of Scranton Road about 10:45 a.m.SDPD officers pursued the stolen vehicle through Mira Mesa, and the CHP took over the chase when the driver got onto northbound Interstate 15. The suspect, who's in his 50s, was apprehended just south of Weirick Road in Corona at 11:54 a.m., according to the CHP."The suspect was suicidal and inflicted harm to himself, possibly with a sharp-edged knife or razor," CHP Officer Javier Muniz said.Muniz said the unidentified suspect was transported by ambulance to Inland Valley Hospital for treatment. 849

Sales of existing homes are up nearly 21 percent over a year ago, September sales were about 9.4 percent higher than just the month before.The National Association of Realtors says there were more than 6.5 million sales of single-family homes, townhomes, condominiums and co-ops in the month of September. The median price for these sales was 1,800. The monthly median sale price has increased for 103 months in a row, according to the NAR.There were 5.4 million sales of existing homes in September 2019, with a median sale price of 1,500.Home-buying continues to be a bright spot in the economy during the coronavirus pandemic."Home sales traditionally taper off toward the end of the year, but in September they surged beyond what we normally see during this season," said Lawrence Yun, NAR's chief economist, in a press release. "I would attribute this jump to record-low interest rates and an abundance of buyers in the marketplace, including buyers of vacation homes given the greater flexibility to work from home."In fact, the NAR says sales in so-called vacation destination counties have increased 34 percent year-over-year.However, supply is dwindling. The NAR estimates there is only about a 2.7-month supply of unsold existing homes given the current sales pace. That’s down from a 3-month supply in August and a 4-month supply from a year ago."There is no shortage of hopeful, potential buyers, but inventory is historically low," Yun said. "To their credit, we have seen some homebuilders move to ramp up supply, but a need for even more production still exists."For homes being listed for sale, about 70 percent were on the market for less than a month. 1683