Stanislaus County recorded its sixth consecutive year of an increase in assessed values of all taxable real and business property, according to Stanislaus County Assessor Don H. Gaekle.
The 2018-19 regular assessment roll total is $49.5 billion, an increase of 5.81 percent over the 2017-18 year’s roll total.
The assessment roll, which includes nearly 178,000 units of real property and business assessments, is the basis upon which property taxes are levied. The 2018-19 assessment roll will produce approximately $495 million in revenue to be shared by public schools, the county, cities and special districts.
The number of properties assessed at market values below their Proposition 13 factored base values continues to decline. This year that percentage has dropped to 9 percent of all real property parcels. Included in this remaining percentage are approximately 12,000 single-family properties that were purchased in the years closest to the last market peak in July 2006.
Proposition 13, enacted in 1978, requires that the assessor establish a “base year value” for real property as of the 1975 lien date, the date of any subsequent change in ownership or for the completion of any new construction. This base year value receives an annual adjustment for inflation, not to exceed 2 percent.
The assessment roll increase is broadly based throughout the unincorporated area (6.18 percent) and the combined cities (5.64 percent). Ceres and Riverbank set the low end for cities at 5.09 percent and 5.10 percent respectively, with Patterson on the high end at 7.38 percent. The rate of other cities in the county were: Newman, 7.35 percent; Turlock, 6.35 percent, Hughson, 6.28 percent; Oakdale, 5.87 percent; Waterford, 5.51 percent; and Modesto, 5.19 percent. The unincorporated area of the county rose by 6.18 percent.
Ceres’ assessment roll reached $3.09 billion, an increase of 5.09 percent over the 2017-18 fiscal year.
Turlock’s assessment roll total is $6.75 billion for 2018-19, up $403 million over the 2017-18 value.
“I want to thank the staff of the Assessor’s office for their dedication in completing the assessment roll. They are professionals who remain committed to innovative solutions and working to develop new tools that provide more cost-effective assessments and services for the residents of Stanislaus County. Our success is a direct result of the professionalism, enthusiasm and determination of our staff,» said Gaekle in a released statement.
The majority of agricultural property in Stanislaus County is valued for tax purposes in accordance with the California Land Conservation Act (Williamson Act). This act was established in 1968 in an effort to preserve farm land and open space.
Taxpayers are advised that the Assessor does not mail annual value notices. Taxpayers are instead able to view their 2018-19 assessed property value(s) online at: http://qa.co.stanislaus.ca.us/AssessorWeb/public/ValueNotice-Search.jsp . This change was approved by the Board of Supervisors in 2011 and has saved the county taxpayers in excess of $25,000 annually and over $175,000 since inception.
Taxpayers who have questions about their assessed value are encouraged to contact the Assessor’s Office at 525-6461 or in person at 1010 10th Street, 2nd Floor, Suite 2400, Modesto, between the hours of 8:30 a.m. and 4:30 p.m., Monday through Friday.
Annual assessments may be appealed between July 2 and Nov. 30. Appeal forms are available from the Clerk of the Assessment Appeals Board at 1010 10th Street, 6th Floor, Suite 6700, Modesto, CA 95354 or on their website at www.stancounty.com/board/aab.shtm. Their telephone number is 525-6414.