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Property
Tax Information and FAQs
How
much are property taxes?
Although
property taxes change due to local assessments, the
general rule of thumb is about 1.25% of your properties
assessed value.
When
are the taxes due?
Annual
property tax bills are mailed in early October of each
year. The bill is payable in two installments.
The
1st installment is due on November
1 and is delinquent if the payment is not
received by 5:00 p.m. or postmarked by December 10.
A 10% penalty is assessed for delinquent payments.
The
2nd installment is due on February
1 and is delinquent if the payment is not
received by 5:00 p.m. or postmarked by April 10, a 10%
penalty and $10.00 cost fee are assessed.
If
December 10 or April 10 falls on a Saturday, Sunday,
or a legal holiday, the delinquency date is the next
business day.
Both
installments can be paid at the same time. If you choose
to pay both installments in one payment, please include
the first and second installment stubs with your payment.
Payment
Deadline Summary
Installment
Due Date Delinquency Date* Penalty, if delinquent
1st November 1 December 10 10% of amount due
2nd February 1 April 10 10 % of amount due + $10.00
Cost Fee
*If
December 10th or April 10th falls on a Saturday, Sunday,
or a legal holiday, the delinquency date is the next
business day.
How
can I save money on property taxes?
Every
homeowner who occupies their home and it is a primary
residence in entitled to what's known as the homeowners
exemption (HOX). In short the exemption will reduce
your homes assessed value by $7,000 and will alter your
property taxes accordingly. It's not necessarily much,
but it's free to apply. For more information go to our
Homeowners
exemption page.
What
is proposition 13 and how does it benefit me?
Proposition
13 gives homeowners long-term security by providing
predictability in taxes. Property taxes are levied once
a year. The tax "rate" is applied to the value
of your home to determine your tax bill. Proposition
13 helps you by limiting the maximum tax rate to 1%.
If a home has a value of $250,000, the owner will see
a tax bill of $2,500. For more information visit our
Prop
13 page.
What
about special assessments?
Visit
our mello-roos
information page to learn more about special assessments
to your property tax bill.
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