Orange County Assessor Webster J. Guillory has delivered the 2012-13 Local Assessment Roll of Values that includes all locally assessable property in Orange County. The total net taxable value on the Roll is over $428.4 billion, up 1.92% or $8.07 billion from last year (2011-12).
Orange County Assessor Webster J. Guillory has delivered the 2011-12 Local Assessment Roll of Values that includes all locally assessable property in Orange County. The total net taxable value on the Roll is over $420.3 billion, up 0.87% or $3.61 billion from last year.
December 10, 2010 is the last day to file for a Homeowners' Exemption that will reduce your 2010-11 property taxes by about $55, and by at least $70 every year thereafter. To qualify, you must own and occupy a property as your principal residence as of January 1, 2010, and not have a Homeowners’ Exemption on any other property. Information and claim forms for property located in Orange County are available by calling the Orange County Assessor at (714) 834-3821.
Orange County Assessor Webster Guillory announced the results of a review of falling commercial/industrial property values throughout Orange County. Of the 13,000 properties reviewed, 2,500 will receive a reduction in taxable value for 2010. This is up significantly from the 890 properties that received a reduction in 2009.
Prop. 13 property tax assessments will be reduced in Orange County for 2010, due to a negative Consumer Price Index (CPI) inflation adjustment of -0.237%. For the 2010-11 tax year, approximately 650,000 parcels in Orange County will be assessed at their Prop. 13 value and will get a reduction of 0.237%.
The Orange County Assessor Webster Guillory reported today the completion of the annual decline-in-value reviews covering approximately 280,000 properties including homes, townhouses, condominiums and commercial/industrial properties throughout Orange County. Assessor Guillory reduced the value of 202,800 properties, and has reported all year that his office would review values to make sure homes that had a decline in value are not over assessed.