How is my Tax Bill Determined

 

 

The County Assessor  determines property values. 

 

The Auditor-Controller  applies the applicable tax rates to the assessed property values to produce the amounts owed and adds any special assessments due.

 

The Tax Collector  creates and distributes the Property Tax Bills, and collects taxes due.

  

Proposition 13
Taxes are limited to 1% of the assessed value of the property, plus any voter-approved local assessments (special assessments). The property value may increase no more than 2% per year, unless there is a change in ownership, new construction, or if a previous reduction in assessed value occurred under proposition 8.

Proposition 8
Under Proposition 8, the County Assessor may temporarily lower assessed property values to respond to market conditions, resulting in a lower property tax bill.

As real estate values in the county recover, properties which have received temporary Proposition 8 reductions may be reassessed to the previously assessed value, result in an increase in value greater than 2% for the year.

 

Click here  for more information regarding property market values and their effect on your current assessed value.