Welcome to Property Tax Tips
San Bernardino County Property Taxes Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
San Bernardino County Property Taxes Best seller
You may also listen to this article by using the following controls.
California Property Taxes – What You Need to Knowfrom:
California property taxes, like those in many other states, do not fund the budget of the state of California. Rather, California property taxes are assessed at the local government levels, and all the money collected is used for funding local governments. Fifty three percent of the money collected in California property taxes is used to fund schools. Another eighteen percent is used for county governments, eleven percent goes to city governments and the rest funds special districts.
California property taxes are some of the lowest in the country, ranging from 3.61% per $1000 in assessed value to 6.48% per $1000 of assessed value. Property values are assessed by the county assessor, a locally elected official. Once property values are determined, the taxes are assessed to each home based on the value determined by the tax assessor. California law states that property taxes be no more than 1% of the assessed value of the home plus the following:
1) the amount necessary to make annual payments due on general obligation bonds or other indebtedness incurred prior to July 1, 1978
2) any bond indebtedness for the acquisition or improvement of real property approved by a two-thirds majority of voters after July 1, 1978
3) certain bond indebtedness for school facilities approved by 55% of voters
The law allows for certain exemptions from California property taxes. A homeowner’s exemption is available to all homeowners on their primary residence. The homeowner’s exemption reduces your home’s taxable value by $7000. To get your homeowner’s exemption, you simply make a one time filing with the tax assessor’s office. The homeowner’s exemption only applies on your primary residence; you must reside in the home to qualify.
Disabled veterans also receive an exemption in California. According to California law, a disabled veteran is eligible to receive a basic exemption of $100,000 on the principal place of residence if he or she has specified disabilities. This exemption also applies to the surviving spouse of a disabled veteran, provided that spouse has not remarried. The exemption is raised to $150,000 if the veteran’s income is $40,000 or less per year. Amounts of the exemption and of the income limits are adjusted annually for inflation.
Farmers are also eligible to receive tax exemptions on property used for growing crops. Grapevines are exempt for the first three years after planting and orchards are exempt for the first four years after planting. Standing timber is exempt, but is taxed when harvested.
If you live in California and are the victim of a natural disaster, you will also gain relief from property taxes. Check with your local taxing agency to determine how this will affect you.
San Bernardino County Property Taxes News
Crime concerns grow as SLA election looms - Hesperia Star
Crime concerns grow as SLA election looms
But recent vehicle break-ins and other property crimes in the community have residents asking if one full-time San Bernardino County Sheriff's deputy allocated to serve the community is enough to keep residents safe. Statistics from the Victor Valley ...
Treasurer Chiang Suspends Fees For Energy Efficiency Program - Culver City Observer
Treasurer Chiang Suspends Fees For Energy Efficiency Program
Culver City Observer
California¬¬¬ State Treasurer John Chiang announced the suspension of administrative fees for the Property Assessed Clean Energy (PACE) Loss Reserve Program, which allows California homeowners to finance energy and water efficiency projects through ...
San Bernardino County supervisors OK property tax relief program - San Bernardino County Sun
Inland Empire News
San Bernardino County supervisors OK property tax relief program
San Bernardino County Sun
SAN BERNARDINO >> After 25 years of repeated attempts to get passed in San Bernardino County a property tax relief program for new homebuyers, the Board of Supervisors on Tuesday finally approved an ordinance. The ordinance implements two ...
REAL ESTATE: San Bernardino County mulling tax relief for 55-plus, disabled ...
Fire district to preserve its history - Alpenhorn News
Fire district to preserve its history
As previously reported in The Alpenhorn News, after eighty five years of service, the Crest Forest Fire Protection District (CFFPD) is slated to be absorbed by the San Bernardino County Fire Protection District (SBCFPD) through the annexation process ...
INLAND: Realtors offer word of warning about solar financing program - Press-Enterprise
INLAND: Realtors offer word of warning about solar financing program
San Bernardino County: Apple Valley, Barstow, Big Bear Lake, Chino, Chino Hills, Colton, Fontana, Grand Terrace, Hesperia, Highland, Loma Linda, Montclair, Ontario, Rancho Cucamonga, Redlands, Rialto, San Bernardino, Twentynine Palms, Upland ...