May 12, 2008; 7:15 PM--The Santa Clara County Assessor’s Office mailed more than 470,000 assessment notification cards on Friday. The card provides the property owner the opportunity to review the taxable value before it is formally enrolled on July 1 and sent to the Controller and Tax Collector to generate the 2008-09 tax bill, mailed in September.
Oficina del Tasador del Condado de Santa Clara Advierte Sobre Compañía que Cobra Innecesariamente por Servicio
Property Assessment In Better Balance. In announcing the close of the 2007-08 assessment roll, County Assessor Larry Stone confirmed that Silicon Valley’s economy has moved past the extreme “rollercoaster” highs and lows of the late 90’s and the early 00’s and on to a more stable, balanced growth pattern. For the third consecutive year, assessed value roll growth has remained steady. The Assessor announced that the total, net assessed value of all real and business property in Santa Clara County grew by 8.25 percent, reflecting an increase of $21.6 billion. The total assessed value of all real and business personal property reached a record $283.51 billion.
Assessor Objects to fee to challenge assessed values. At the recommendation of County Supervisor Pete McHugh, the Board of Supervisors established a $30 fee to challenge assessed values, the first of its kind for the County. County Assessor Larry Stone strongly opposed the fee and stated to the Board that “charging a property owner a fee for what ultimately may turn out to be an over assessment is unfair.”
