Supplemental
property taxes have been with us since July of 1983, but
you and your neighbors still may not know what they are,
what they do, and how they affect you and your property.
To help you better understand this subject, the following
are answers to some of the questions most commonly asked
about supplemental real property taxes.
Q:
When did this tax come into effect?
A: The Supplemental Real Property Tax Law was signed by
the Governor in July of 1983 and is part of an ambitious
drive to aid California's schools. This property tax revision
is expected to produce over $300 million per year in revenue
for schools.
Q: How will Supplemental
Property Taxes affect me?
A: If you don't plan on buying new property or undertaking
new construction, this new tax will not affect you at
all. But, if you do wish to do either of the two, you
will be required to pay a supplemental property tax which
will become a lien against your property as of the date
of ownership change or the date of completion of new construction.
Q: When and how will I be billed?
A: "When" is not easy to predict. You can be
billed in as few as three weeks, or it could take over
six months. "When" will depend on the individual
county and the workload of the County Assessor, the County
Controller/Auditor and the County Tax Collector. The assessor
will appraise your property and advise you of the new
supplemental assessment amount. At that time, you will
have the opportunity to discuss your valuation, apply
for a Homeowner's Exemption, and be informed of your right
to file an Assessment Appeal. The county will then calculate
the amount of the supplemental tax and the tax collector
will mail you a supplemental tax bill. The supplemental
tax bill will identify, among other things, the amount
of the supplemental tax and the date on which the taxes
will become delinquent.
Q: Can I pay
my Supplemental Tax Bill in installments?
A: All supplemental taxes on the secured roll are payable
in two installments. The taxes are due on the date the
bill is mailed and are delinquent on specified dates depending
on the month the bill is mailed as follows:
If the bill is mailed within the months of July through
October, the first installment shall become delinquent
on December 10 of the same year. The second installment
shall become delinquent on April 10 of the next year.
If the bill is mailed within the months of November through
June, the first installment shall become delinquent on
the last day of the month following the month in which
the bill is mailed. The second installment shall become
delinquent on the last day of the fourth calendar month
following the date the first installment is delinquent.
Q: How will the amount of my bill be
determined?
A: There is a formula to determine your tax bill. The
total supplemental assessment will be prorated based on
the number of months remaining until the end of the tax
year, June 30.
Q: How does the proration
factor work?
A: The supplemental tax becomes effective on the first
day of the month following the month in which the change
of ownership or completion of new construction actually
occurred. If the effective date is July 1, there will
be no supplemental assessment on the current tax roll
and the entire supplemental assessment will be made to
the tax roll being prepared which will then reflect the
full cash value. In the event the effective date is not
on July 1, you may wish to contact your County Tax Assessor's
office.
Q: Will my taxes be prorated
in escrow?
A: No, unlike your ordinary annual taxes, the supplemental
tax is a one time tax which dates from the date you take
ownership of your property or complete the construction
until the end of the tax year on June 30. The obligation
for this tax is entirely that of the property owner. |
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