On June 30th of each year, the Assessor-Recorder’s Office closes their books and a new fiscal year begins. By August 1st of each year the Annual Notice of Assessed Value is mailed to property owners to explain the upcoming assessed value of their property.
The value shown on the Annual Notice of Assessed Value Letter plus any taxable property placed on the roll as a result of a business property assessment and minus any exemption for which a property owner may qualify will be the basis of the property tax bill. In addition, other direct assessments may be added to the bill by other public agencies.
If you believe you are eligible for a homeowner’s exemption, contact the Exemptions Unit at (415) 554-5596. Please refer to your property’s parcel number (Parcel number also known as Block and Lot number) in the subject line for all communications with our office.
One way to apply for a temporary homeowner’s property tax reduction (Proposition 8 - Informal Review) is by filing a simple request form with the Assessor’s Office. If a property owner believes that the market value as of January 1st of that year is less than the amount shown in their Annual Notice of Assessed Value Letter (sent in July). For more specific information, see our Temporary Homeowner’s Property Tax Reduction web page and related training video .
Additionally, a property owner may file a formal appeal with the Assessment Appeals Board. For instructions on filing a formal appeal and more specific deadline information, please visit the Assessment Appeals Board