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    Contra Costa Co.: County To See Highest Tax Assessment Roll Ever In 2024-25

    By Tony Hicks,

    20 days ago

    https://img.particlenews.com/image.php?url=2poAuY_0uBGlBW400

    Bay City News

    Contra Costa County will see its highest tax assessment roll in its history in 2024-25, the county said Monday.

    County tax assessor Gus S. Kramer on Friday signed and filed the official "2024-2025 Assessor's Close of Roll Affidavit."

    An assessment roll is a public record containing information about individual pieces of land. Assessment rolls are used to determine property values and property taxes.

    The increase to the local tax base for 2024-2025 is more than $11.16 billion.

    The county said it represents a 4.17% increase in assessed value and brings the total net local assessment roll to more than $278.83 billion.

    Cities with the largest increases in assessed value include Antioch, Oakley, and Martinez with increases ranging from 4.99% up to 6.09%, the county said.

    San Ramon, Concord, and Walnut Creek saw the lowest assessed value increases ranging from 2.97% down to 1.45%.

    The assessment roll now consists of 380,681 parcels, an increase of 1,239 over the previous year.

    The assessor's annual letter to the Board of Supervisors and 2024-2025 Assessment Roll Reports can be found at:

    https://www.contracosta.ca.gov/DocumentCenter/View/83431/2024-2025-BOS-Close-of-Assessment-Roll-Letter-and-Reports-to-the-CCC-Board-of-Supervisors?bidId=.

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