(Horacio Renteria)- In the fiscal year 2022–2023, San Diego County cities and residents collectively amassed a record $727 billion in property taxes.

This was disclosed by San Diego County Assessor Jordan Z. Marks, who reported that this figure represents an increase of 7.12% (4.83 billion more) compared to the previous fiscal year.

The representative said the tax savings for millions of San Diegans amounted to $275.

The eleventh year in a row.

The County Assessor states that this year marks the eleventh year in a row of ”high growth and record savings” in the office’s collection of property taxes and in the opportunity for taxpayers to fulfill their tax obligations.

Marks also considered that ”thanks to Proposition 13, no homeowner should lose their home due to unaffordable property taxes due to skyrocketing home prices”It is important to remember that Proposition 13, which was adopted by California voters in 1978, limits
assessment increases to no more than 2% per year until the next sale and establishes a tax rate on the property of 1% of its value. Additionally, assessments must be based on the market price at the time of sale.

Marks mentioned supporting essential services like schools and first responders as one of the many advantages of obtaining resources through property valuation.

”Equity and transparency”
”The 2023 tax list,” the official claimed, ”shows that the San Diego County is the gold standard for fairness, transparency, and puts taxpayers first based on a rating of almost 100% accuracy in our evaluation” (in practice) ”of an audit from the state of California and a positive rating from the 98.2% customer service.”

Another noteworthy statistic is that there will be 1,013,632 estate plots (homes), 55,888 commercial mobile property accounts, 14,476 ships, and 1,534 airplanes in the inventory of properties to whom taxes will be levied (or collected) in the fiscal year 22–23.

Of the 18 cities that make up San Diego County, Carlsbad has the highest total value, with more than $41 billion in collected taxes due to the tax rate, followed by Chula Vista with just over $38 billion.

For further information, visit the website www.sdarcc.gov or call the Assessor’s office at (619) 236-3771.

A separate graph displays the entire list of cities, their collection, and their changes.

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