Real Estate Articles
Supplemental Property Taxes
To help you better understand the California Supplemental Tax issue, we have
compiled a list of the questions most frequently asked Gregory J. Smith, San
Diego Tax Assessor / Recorder / Clerk.
What is a supplemental assessment and when did it come into effect?
The supplemental assessment is an additional tax bill based on the difference
between the prior year's assessment and the new value of real property. This
tax law was signed by the Governor in July of 1983 as part of an ambitious
drive to aid California's schools.
How will the supplemental taxes affect me?
Whenever there is a change of ownership or completion of new construction,
a Supplemental Tax Bill is generated. This bill is in addition to your regular
tax bill, which is based on the assessed value as of March 1st.
What period of time does the supplemental tax bill cover?
The supplemental tax bill covers the period of time from the change of Ownership
date (close of escrow), or completion of new construction date, to the end
of the fiscal year (June 30).
When can I expect to receive my supplemental tax bill?
You can normally expect to receive the supplemental tax bill within six Months
after the close of escrow, or after completion of new construction. It all
depends on the county tax assessor and county tax collector's work load.
When are the supplemental taxes due?
The due date depends on when the supplemental tax bills are sent. If they are
mailed between July through October, they will have the same delinquent dates
as your normal tax bill. If the bill is mailed between November and June, the
first installment will become delinquent on the last day of the month following
the month in which the bill is mailed. The second installment will become delinquent
on the last day of the fourth calendar month following the date the first installment
is delinquent.
If I have an impound account with my mortgage company/lender, will the supplemental
tax bill be sent directly to them?
No. The supplemental tax bill will be sent directly to you by the county tax
collector. You will have to speak directly with your lender as to the payment
of the supplemental tax bill.
What if I disagree with the value assessed on the supplemental tax bill?
If you disagree with the assessed value, you can contact the assessor at (619)
505-6262. You will then have the opportunity to file an assessment appeals
application with the clerk of the board within 60 days from the mailing of
the supplemental tax bill.
Courtesy: First American Title.
