Contra Costa County Property Tax: Everything You Need to Know

Introduction

Property taxes are a major source of revenue for local governments in the United States. In Contra Costa County, California, property taxes account for approximately 25% of the county's general fund budget. The amount of property tax you owe is determined by the assessed value of your property and the tax rate set by the county.

Assessed Value

The assessed value of your property is determined by the Contra Costa County Assessor's Office. The assessor's office uses a variety of factors to determine the assessed value, including the property's location, size, age, and condition. The assessor's office also considers comparable sales of similar properties in the area.

Tax Rate

The tax rate is set by the Contra Costa County Board of Supervisors. The tax rate is a percentage of the assessed value of your property. The tax rate for the 2022-2023 fiscal year is 1%.

Property Tax Bill

Your property tax bill will be mailed to you by the Contra Costa County Tax Collector's Office. The bill will show the amount of property tax you owe, as well as the due date. The due date for the first installment of property taxes is November 1st. The due date for the second installment is February 1st.

Payment Options

You can pay your property taxes online, by mail, or in person at the Tax Collector's Office. You can also set up a payment plan with the Tax Collector's Office.

Delinquency

If you do not pay your property taxes by the due date, you will be charged a penalty. The penalty is 10% of the unpaid amount. If you do not pay your property taxes for more than three years, the county can foreclose on your property.

Exemptions

There are a number of exemptions available for property taxes in Contra Costa County. These exemptions include the following:

• Homeowner's Exemption: This exemption reduces the assessed value of your home by $7,000.
• Senior Citizen Exemption: This exemption is available to homeowners who are 65 years of age or older. The exemption reduces the assessed value of your home by $100,000.
• Disabled Veteran Exemption: This exemption is available to disabled veterans who have a service-connected disability. The exemption reduces the assessed value of your home by $100,000.

Appeals

If you believe that the assessed value of your property is incorrect, you can file an appeal with the Contra Costa County Assessment Appeals Board. The appeals board will review your assessment and make a decision on whether or not to adjust the value.

Conclusion

Property taxes are a major source of revenue for local governments. In Contra Costa County, property taxes account for approximately 25% of the county's general fund budget. The amount of property tax you owe is determined by the assessed value of your property and the tax rate set by the county.

FAQs

• How can I get a copy of my property tax bill?

You can get a copy of your property tax bill by calling the Contra Costa County Tax Collector's Office at (925) 335-1000.

• What are the payment options for property taxes?

You can pay your property taxes online, by mail, or in person at the Tax Collector's Office. You can also set up a payment plan with the Tax Collector's Office.

• What is the penalty for late payment of property taxes?

The penalty for late payment of property taxes is 10% of the unpaid amount.

• What are the exemptions available for property taxes?

The exemptions available for property taxes in Contra Costa County include the homeowner's exemption, the senior citizen exemption, and the disabled veteran exemption.

• How can I file an appeal of my property tax assessment?

You can file an appeal of your property tax assessment with the Contra Costa County Assessment Appeals Board.

• What is the contact information for the Contra Costa County Tax Collector's Office?

The contact information for the Contra Costa County Tax Collector's Office is:

Contra Costa County Tax Collector's Office
P.O. Box 1220
Martinez, CA 94553
(925) 335-1000

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