County

Increase in Assessment Roll Value, 2016-17 to 2017-18

Alameda

6.7%

Alpine

1.21%

Calaveras

8.14%

Contra Costa

5.78%

El Dorado

4.68%

Humboldt

4.15%

Imperial

2.34%

Kern

5.98%

Marin

5.4%

Monterey

5.73%

Napa

6.9%

Nevada

6%

Orange

6.02%

Placer

5.7%

Plumas

3.75%

Riverside

5.53%

San Bernardino

6.12%

San Diego

6.05%

San Francisco

10.8%

San Joaquin

6.74%

San Mateo

7.89%

Santa Barbara

5.68%

Santa Clara

7.37%

Santa Cruz

5.75%

Shasta

3.82%

Siskiyou

3.45%

Solano

5.89%

Sonoma

5.5%

Stanislaus

5.71%

Tehama

4.8%

Tulare

4.48%

Tuolumne

4.17%

Ventura

4.94%

Yolo

5.28%

PROPERTY TAX:
Counties Continue Reporting Growth in Value of Assessed Property

As noted in last week’s CalTaxReports, county assessors throughout the state are reporting increases in the value of their assessment rolls, meaning county governments will see growth in property tax revenue.

Among the counties that have reported their assessment data, San Francisco experienced the largest year-to-year growth, at 10.8 percent. Assessor-Recorder Carmen Chu announced that new construction alone added $3.37 billion in value to the property tax roll.

“Through the leadership of our team, we’ve focused our efforts in ensuring we capture the value added from the booming construction activity in the city,” Assessor Chu said.

The smallest growth, percentagewise, was in Alpine County, at 1.21 percent. Alpine has no incorporated cities, and is the least populous county in the state, with a 2010 Census figure of 1,175 residents.

The table at the left includes the most recent numbers from county assessors who have reported their assessment roll data for the 2017-18 period.

The data is expected to be available within days for the county with the highest assessed value in the state, as Los Angeles County Assessor Jeffrey Prang typically releases the data in mid-July.

Factors influencing the increase in assessed values include a higher Proposition 13 inflation factor for the 2017-18 assessment period (2 percent, up from 1.525 percent last year); more activity in the real estate market, resulting in the enrollment of higher base-year values; and market recovery that has lifted many properties out of Proposition 8 decline-in-value status.

The counties that have yet to report their assessment roll data are: Amador, Butte, Colusa, Del Norte, Fresno, Glenn, Inyo, Kings, Lake, Lassen, Los Angeles, Madera, Mariposa, Mendocino, Merced, Modoc, Mono, Sacramento, San Benito, San Luis Obispo, Sierra, Sutter, Trinity and Yuba.

 

 

 

 

 

 

 

 

 

 

 

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