Many of our out of state clients who are not familiar with property taxes in California or San Diego often ask us about the tax rate is in San Diego, and how it is assessed and paid. in 1978, Proposition 13 locked in property tax rates at 1 percent of the value of your home or commercial property. While you can count on the 1 percent rule, there are also several miscellaneous charges included in your property tax bill.
If you take a look at a tax bill in San Diego, you may see categories that cover miscellaneous charges that take your bill over and above the 1 percent tax on the value of your property. Examples of these categories are Voter Approved Bonds and Fixed Charge Assessments.
Voter Approved Bonds
Examples of Voter Approved Bonds on your property tax bill will include the following:
San Diego city unified schools
San Diego community college
Water district charges
Fixed Charge Assessments
Examples of Fixed Charge Assessments on your property tax bill will include items such as:
Vector disease control
Metropolitan water district stand by charge
California water authority availability charge
Other questions you might have about San Diego property taxes and how they are assessed and paid:
Can the 1% increase?
Yes, it can go up. The tax rate can go up two percent of the one percent per year. More specifically, it can increase at the rate of inflation, but it cannot exceed the two percent of the one percent every year.
Are there deadlines?
There are deadlines to pay your property tax bill. The fiscal year begins on July 1 and ends on June 30. You will be subject to late penalties if your property taxes are not paid by April 10 and December 10 of every year.
How do you pay?
The easiest way to pay your San Diego property taxes is by going online. You can pay your taxes with a credit card online when you visit www.sdtreastax.com.
I hope this helped you make sense of how your San Diego property taxes are assessed, communicated and paid. If we can help with San Diego property management services, please do not hesitate to call us or visit our website. Get in touch at (619) 275-2525, extension 1#, or visit www.sandiegopropertymanager.com. We look forward to assisting you.