Property Tax:
Assessed Values Drop in Many Counties

While final numbers from all counties typically aren't available until August, The Sacramento Bee reported July 14 that, according to data from the California Assessors' Association, the following counties will have the indicated decreases in their assessment rolls:

El Dorado (6.2 percent), Imperial (1.6 percent), Inyo (3.9 percent), Madera (6.8 percent), Merced (4.28 percent), Placer (6.25 percent), Sacramento (2.17 percent), San Luis Obispo (1 percent), Santa Clara (2.25 percent), Siskiyou (0.5 percent), Solano (3.6 percent), Stanislaus (4.5 percent), Tuolumne (4.9 percent) and Yolo (1.9 percent).

According to the Monterey County Herald, the Monterey County assessment roll will drop 4.25 percent. The Santa Rosa Press Democrat is reporting that the Lake County Assessment Roll is down 1.5 percent and the Mendocino County assessment roll is down 1.02 percent. A big reduction in values also is occurring in Calaveras County, where the assessment roll is down 12 percent, according to the Sonoma Union-Democrat.

Cal-TaxReports, July 19, 2010

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