10/17/2021

Major Growth in Assessment Rolls Reported Throughout the State

Major Growth in Assessment Rolls Reported Throughout the State Local governments are poised to receive major increases in property tax revenue this year, according to reports from assessors in counties throughout the state.

Assessors from California’s 58 counties began reporting their assessment rolls – showing the value of all real property and business personal property in their counties as of the January 1, 2015, lien date – and selected counties that have released their rolls so far have reported major growth.

Santa Clara County is leading the way so far, with growth of 8.67 percent over the prior year. “The assessment roll is a barometer of yesterday’s economic weather, and it’s getting very hot,” Santa Clara County Assessor Larry Stone said.

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