Monterey County Assessor

168 West Alisal St.
Salinas, CA  93902
(831) 755-5035

 
 

 

 


Frequently Asked Questions

Decline in value (Prop 8) Information

"What is Prop 8?"

Revenue and Taxation Code Section 51 requires the assessor to enroll the lower of either the property's Factored-Base-Year Value (established under Proposition 13) or its market value as of the lien date (Jan 1).

This reduction is temporary and the assessor is required to review the market value of the property each lien date after the reduction until such time as the Factored-Base-Year Value is less than or equal to the market value.

When the Factored-Base-Year Value is again enrolled, the property is no longer subject to the annual review, and will receive indexing not to exceed 2% per year.

 "If I'm protected by proposition 13, how can you raise my value more than 2% in one year? What gives you the authority to increase my value 23% this year?"

Proposition 13 does limit the increase to your base year value to 2% per year. However, the temporary reduction placed your assessment below your original base year value adjusted for inflation. As property values increase, the Assessor must restore your property's assessment to the lower of the original base year value adjusted for annual inflation factors, or the market value. This restoration from the market value to the original base year value adjusted for inflation often requires increases in value in excess of 2%. The increases in value beyond 2% per year are permitted under Section 51 of the California Revenue and Taxation Code.

"I received a decline in value reduction last year, do I need to file an application again this year."

No, once your property has been reduced, it will be reviewed annually each January 1. If current market values have risen, then your property assessment will be adjusted up to the current market value or the Proposition 13 base year value, which ever is lower. Once your property value returns to the Prop 13 value, the annual reviews will end.

"How do you estimate market value?"

Market value is estimated through reliable data from sales prices of the appraisal subject or of comparable properties as defined by Rule 4 (Property Tax Rules).

"What will happen to my assessment if values start to rise?"

Your taxable value reduction to market value is temporary and the assessor is required to review the market value of the property each lien date after the reduction, until such time as the Factored-Base-year Value is less than or equal to the market value.

Unless there is a change in ownership or new construction, this increase in value cannot exceed the original assessed value plus the annual inflationary factor not to exceed 2% per year.

New Property Purchase information

"If I purchased my property for less than the current assessed value, what can I expect?"

The current tax bill is based on the assessed value as set on the previous Jan. 1 (prior owner's assessed value) and is payable as billed.

The new estimated market value (purchase price) is enrolled and a supplemental will be issued reflecting the difference which may result in a refund (if new purchase price is lower than assessed value) or a bill (if purchase price is greater than assessed value). Anticipate on receiving a refund or a bill, depending on the value difference, within 30-90 days from date of notice. 
The new base value becomes the assessed value for the following fiscal year.

"What is a supplemental tax bill?"

State Law requires the Assessor to reappraise property upon a change of ownership or new construction. The supplemental assessment reflects the difference between the new assessed value and the old or prior assessed value. If the property is reassessed at a higher value than the old assessed value, a supplemental bill will be issued. If the property is reassessed as a lower value than the old assessed value, a refund will be issued. 
Changes in ownership or new construction occurring from July 1 to Dec. 31 will generate one bill covering a single fiscal year. The taxes are based on the number of months left in the fiscal year from the date of ownership change or new construction completion date. If change of ownership or new construction occurs between January 1 and June 30, two supplemental tax bills would be issued to cover changes for two fiscal years. The first bill would be from the date of the transaction for the remainder of the fiscal year; the second bill would be for the next fiscal year. 
Supplemental tax bills are mailed directly to the property owner and are the owner's responsibility. In general, they are not paid out of your impound account. Please check with your lender.

"What is the appeal process if I do not agree with the value stated on the value notice letter I received?"

First, please contact your local Assessor's Office. Appeal process available:

The Application for Changed Assessment (Assessment Appeal Application) is filed with the Clerk of the Board and is a formal application process. The filing period is July 2 through November 30.

"Why is my tax bill more than 1% of the market value of my home?"

Prop 13 allows the tax bill to include bonded indebtedness (direct assessments) previously approved by the voters to be added to the 1% general tax levy. This amount will vary across the county.

Mailing Address

"Why aren't you using my correct mailing address?"

When a deed is recorded to transfer title to a property, there is a section on the on the deed to indicate the mailing address to be used for the property tax purposes. This address is used until you sign a request for a change of address. If the records are not correct, it is because 1) the address written on the deed was not correct, 2) a mistake was made inputting the information into the computer system, or 3) notification of the a different address was not received. If address is incorrect, please submit your changes in writing, so we can update our records immediately.

If you own property in Monterey County, it is important to keep your current mailing address on file with the Assessor's Office to assure delivery of important assessment notices. Assessor mailing address information is also passed to the Treasure-Tax Collector for the purpose of mailing property tax bills.

Mailing address changes may only made by the owner of record or their pre-designated agent (requires appropriate identification) and must be in writing. Change of Address cards are available in any Assessor's Office located at 168 W. Alisal St, First Floor, Salinas, CA or requests may be made via correspondence to the Assessor's Office at P.O. Box, 570 Salinas, CA 93902. Please include the following:

Assessor's Parcel number of physical address of the property
New mailing address 
Signature of the property owner or agent
Printed name of the owner or agent 
Date

 

The additional questions listed below represent some of the most common inquires we receive in the Assessor's office.  The California State Board of Equalization also maintains an extensive list of Frequently Asked Questions related to the assessment process which we encourage you to review by clicking here.

What does the Assessor do?

What type of property is subject to assessment?

Are there any exemptions or exclusions that would reduce my assessment?

What is a supplemental assessment

 

   

DISCLAIMER:
THE INFORMATION CONTAINED HEREIN WAS BELIEVED TO BE VALID AT THE TIME OF PUBLICATION.  MONTEREY COUNTY RESERVES THE RIGHT TO MAKE CHANGES IN THE WEB SITE AT ANY TIME AND WITHOUT NOTICE. MONTEREY COUNTY ASSUMES NO LIABILITY FOR DAMAGES INCURRED DIRECTLY OR INDIRECTLY AS A RESULT OF ERRORS, OMISSIONS OR DISCREPANCIES. THE WEB SITE INCLUDES LINKS TO OTHER WEB SITES NOT CONTROLLED BY MONTEREY COUNTY. MONTEREY COUNTY TAKES NO RESPONSIBILITY FOR THE VIEWS, CONTENT OR ACCURACY OF THE OTHER SITES, NOR DOES IT ENDORSE ANY CONTENT OR PRODUCTS CONTAINED THEREIN.