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Home arrow News arrow Local News arrow Assessor: Calaveras is growing

Assessor: Calaveras is growing

By SCOTT PESZNECKER

More people are moving to Calaveras County, building or buying new homes here, an 11 percent increase in the county assessment roll shows.

The recently completed annual assessment roll indicates that privately owned properties within the county are worth about $4.2 billion, an increase of $426 million over last year.

Anytime a property undergoes new construction or an ownership change, the assessor's office refigures the value of that property. The assessor's office also raises the values of properties that don't undergo construction by 2 percent annually. That's how the assessment roll numbers increase each year.

The assessment roll determines the combined value of all the county's taxable properties. The county calculates property taxes based on that assessment.

"This is the first time in history that the Calaveras County roll is over $4 billion," Assessor Randy Metzger said.

Metzger said about 68 percent of the tax revenue based on the roll goes to the state, about 19 percent goes to the county general fund and the rest goes to the city of Angels Camp and special districts, such as fire departments.

Metzger estimates about $750,000 will go to the county general fund, and at least half of that is not accounted for in the county's proposed budget, he said. That means the county could have some extra money in its coffers to work into its budget before the fall budget hearings.

Metzger said much of the growth in the county is happening along the Highway 4 corridor and in Valley Springs.

An increasing number of people are living here part-time or full-time but work in Stockton or elsewhere, Metzger said, citing information from the county recorder's office.

Homeowners who lived full-time in the county since January qualified for homeowner exemptions, which knock about $70 off property taxes. The exemptions were given to 10,362 people. Last year, 10,049 exemptions were given out.


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Fri, 19 Dec 2014 02:23:12 -0800