San Mateo County Supervisor David Canepa is calling for full transparency in the county Assessor’s Office as dozens of cities and schools brace for millions in revenue deductions this year after the county reached a settlement with biotech company Genentech.
The county must refund Genentech nearly $20 million stemming from incorrect property tax assessments between 2000 and 2005. The county Assessor’s Office and Genentech, which is headquartered in South San Francisco, have engaged in a long-running dispute over property tax assessments.
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