Rise in property values to outpace property-tax increase for
Transcript Of Rise in property values to outpace property-tax increase for
PETER ALDANA COUNTY OF RIVERSIDE ASSESSOR-COUNTY CLERK-RECORDER
Assessor (951) 955-6200
County Clerk-Recorder (951) 486-7000
Mailing Address P.O. Box 751 Riverside, CA 92502-0751
www.riversideacr.com www.riversidetaxinfo.com
July 23, 2019
Riverside County
NEWS RELEASE
Contact: Lori Aleman 951-955-2351
Rise in property values to outpace property-tax increase for the average homeowner
RIVERSIDE – Despite a nearly six percent overall increase in property value in Riverside County, the average owner will not see a commensurate increase in property taxes, according to Riverside County’s Assessor-County Clerk-Recorder.
All sectors of Riverside County's real estate market grew in the fiscal year that ended June 30. AssessorCounty Clerk-Recorder Peter Aldana announced today that the taxable value of all property in Riverside County for the current year is $302 billion. This year's tax roll—a list of all taxable property, its owner and its value as of Jan. 1—will generate more than $3 billion for local government services.
“This is a special roll to me,” Aldana said. “It marks the first roll closed with our new state-of-the-art property tax system. I am proud of the work my team of dedicated public servants performed, working tirelessly and innovating solutions to complete this major software upgrade. Their effort helps fund the local school and safety services that make our communities thrive.”
Riverside County’s new property tax system—a joint project between the Assessor, Auditor and Tax Collector, and built by Thomson-Reuters—replaces a 47-year-old legacy system. The new system will improve communication between departments, improve efficiency and help the Assessor track market conditions more effectively.
Home prices continued to grow even as sales began to slow at the end of 2018. CoreLogic, a real estate information services firm, reported a 3.5 percent rise in median home prices. Lower rents and prices of inland properties helped attract investors and industrial users to Riverside County, fueling increased demand in warehouse facilities resulting in higher prices for commercial-industrial properties.
Despite the increases, most property owners will not see an equal rise in property taxes. State law requires the assessor to enroll the property at its current market value, or at the lower value under Prop. 13, adjusted for inflation. The assessor enrolls most properties at their Prop. 13 value and taxes typically can increase by no more than two percent each year. Approximately 83 percent of Riverside County property is protected under Prop. 13.
PETER ALDANA COUNTY OF RIVERSIDE ASSESSOR-COUNTY CLERK-RECORDER
Assessor (951) 955-6200
County Clerk-Recorder (951) 486-7000
Mailing Address P.O. Box 751 Riverside, CA 92502-0751
www.riversideacr.com www.riversidetaxinfo.com
Property tax bills, which go out in October, notify owners about changes in property value. Although the assessor works to enroll fair-market values, an owner might disagree with the valuation. Those owners may file a free decline-in-value application online. Applications are due by Nov. 1 and are available at www.asrclkrec.com. Property owners may review their assessment roll value by visiting the Assessor’s website at www.asrclkrec.com or calling (951) 955-6200.
Property owners may also request a formal hearing before the Assessment Appeals Board. The deadline to file is Nov. 30. The application is available on the Clerk of the Board’s website at www.rivcocob.org.
RIVERSIDE COUNTY ASSESSOR
2019/2020 Compared to 2018/2019
SECURED AND UNSECURED - EXCLUDING STATE ASSESSED PROPERTIES
CATEGORY
SECURED
2019/2020
2018/2019
UNSECURED
2019/2020
2018/2019
LAND IMPROVEMENTS:
STRUCTURES FIXTURES
TREES & VINES PERSONAL PROPERTY
87,440,341,720
204,397,786,579 618,753,656 81,952,960 905,792,403
83,653,869,717
192,050,659,823 611,532,477 83,699,392 869,624,319
1,773,178
81,603,183 4,219,973,996
5,027,394,448
1,505,748
98,654,897 3,958,708,105
4,673,141,269
TOTAL
293,444,627,318 277,269,385,728
9,330,744,805
8,732,010,019
LESS:N.R.EXEMPTIONS NET TANGIBLE LESS: HOX
7,056,828,030 286,387,799,288
2,013,806,617
6,760,676,178 270,508,709,550
2,056,419,141
283,694,909 9,047,049,896
249,608,641 8,482,401,378
NET TAXABLE
284,373,992,671 268,452,290,409
9,047,049,896
8,482,401,378
CATEGORY
TOTAL
2019/2020
2018/2019
VALUE CHANGE
PERCENTAGE CHANGE
LAND IMPROVEMENTS:
STRUCTURES FIXTURES
TREES & VINES PERSONAL PROPERTY
87,442,114,898
204,479,389,762 4,838,727,652 81,952,960 5,933,186,851
83,655,375,465
192,149,314,720 4,570,240,582 83,699,392 5,542,765,588
3,786,739,433
12,330,075,042 268,487,070 (1,746,432) 390,421,263
TOTAL
302,775,372,123 286,001,395,747
16,773,976,376
5.86%
LESS:N.R.EXEMPTIONS NET TANGIBLE LESS: HOX
7,340,522,939 295,434,849,184
2,013,806,617
7,010,284,819 278,991,110,928
2,056,419,141
330,238,120 16,443,738,256
(42,612,524)
5.89%
NET TAXABLE
293,421,042,567 276,934,691,787
16,486,350,780
5.95%
RIVERSIDE COUNTY ASSESSOR
ASSESSED VALUE FOR UNINCORPORATED AREAS 2019/2020
AREA
Alvord Menifee Banning Beaumont Coachella Corona-Norco Palm Springs Desert Center Elsinore Colton Hemet Desert Sands Moreno Murrieta Nuview Palo Verde Perris Riverside Romoland San Jacinto Temecula Yucaipa Val Verde
TOTAL 2019/2020 LOCAL ROLL 1,396,450,929 1,145,173,923
942,881,878 752,803,218 2,004,005,043 4,694,824,745 2,262,673,490 233,842,246 2,040,087,465 130,584,373 5,506,173,874 3,599,129,774 897,008,912 2,694,036,473 843,599,781 831,457,662 814,089,104 4,145,451,461 640,573,710 270,545,056 7,957,136,007 110,976,427 2,249,708,178
LESS NON-REIMBURSED
EXEMPTIONS 4,864,526
15,317,625 7,160,948
16,051,387 88,919,350 30,170,892 73,093,657
385,351 31,215,016
2,970,837 211,293,335
31,635,364 6,846,159
14,152,513 6,326,312 326,099 3,435,063
37,115,797 5,020,937
121,945,692 137,811,740
287,647 160,741,353
NET TANGIBLE
VALUE 1,391,586,403 1,129,856,298
935,720,930 736,751,831 1,915,085,693 4,664,653,853 2,189,579,833 233,456,895 2,008,872,449 127,613,536 5,294,880,539 3,567,494,410 890,162,753 2,679,883,960 837,273,469 831,131,563 810,654,041 4,108,335,664 635,552,773 148,599,364 7,819,324,267 110,688,780 2,088,966,825
LESS HOMEOWNER'S
EXEMPTIONS 12,276,600 6,304,200 4,235,646 10,281,265 8,013,532 36,679,204 24,746,870 281,351 19,936,951 1,001,000 56,765,999 29,315,678 1,082,200 11,071,200 8,428,000 2,303,215 7,286,867 33,620,908 8,974,000 1,448,027 47,625,200 915,600 13,841,430
2019/2020 NET TAXABLE
VALUE 1,379,309,803 1,123,552,098
931,485,284 726,470,566 1,907,072,161 4,627,974,649 2,164,832,963 233,175,544 1,988,935,498 126,612,536 5,238,114,540 3,538,178,732 889,080,553 2,668,812,760 828,845,469 828,828,348 803,367,174 4,074,714,756 626,578,773 147,151,337 7,771,699,067 109,773,180 2,075,125,395
2018/2019 NET TAXABLE
VALUE 1,327,377,658
960,860,873 885,496,271 699,604,677 1,816,785,631 4,366,041,544 2,093,393,933 223,389,797 1,894,561,604 122,939,556 4,971,744,358 3,414,881,752 808,658,817 2,556,356,589 787,878,776 766,858,235 758,744,753 3,690,309,351 568,711,047 144,529,498 7,273,602,078 105,219,426 1,817,772,505
TOTALS
46,163,213,729
1,007,087,600 45,156,126,129
346,434,943 44,809,691,186 42,055,718,729
ASSESSED VALUE CHANGE 51,932,145 162,691,225 45,989,013 26,865,889 90,286,530 261,933,105 71,439,030 9,785,747 94,373,894 3,672,980 266,370,182 123,296,980 80,421,736 112,456,171 40,966,693 61,970,113 44,622,421 384,405,405 57,867,726 2,621,839 498,096,989 4,553,754 257,352,890
2,753,972,457
PERCENTAGE CHANGE
3.91% 16.93% 5.19% 3.84% 4.97% 6.00% 3.41% 4.38% 4.98% 2.99% 5.36% 3.61% 9.95% 4.40% 5.20% 8.08% 5.88% 10.42% 10.18% 1.81% 6.85% 4.33% 14.16%
6.55%
RIVERSIDE COUNTY ASSESSOR
ASSESSED VALUE FOR CITIES 2019/2020
CITY
BANNING BEAUMONT BLYTHE CORONA LAKE ELSINORE HEMET INDIO PERRIS RIVERSIDE SAN JACINTO PALM SPRINGS COACHELLA TEMECULA DESERT HOT SPRINGS NORCO INDIAN WELLS RANCHO MIRAGE PALM DESERT CATHEDRAL CITY LA QUINTA MORENO VALLEY CALIMESA CANYON LAKE MURRIETA WILDOMAR MENIFEE EASTVALE JURUPA VALLEY
TOTAL 2019/2020 LOCAL ROLL 2,397,267,294 5,379,437,269
811,732,630 22,342,844,806
6,664,305,019 6,346,535,966 9,063,564,065 6,947,287,698 33,352,318,341 3,336,400,035 14,027,122,353 2,152,078,955 17,071,318,518 1,970,816,515 3,579,980,567 6,194,543,608 9,707,519,403 15,864,946,733 4,956,120,231 14,188,439,434 17,499,548,028
991,635,831 1,879,353,063 14,538,446,236 3,690,565,796 10,573,706,835 10,431,597,592 10,652,725,573
LESS NON-REIMBURSED
EXEMPTIONS 54,473,319 99,199,429 50,280,033
469,462,770 65,453,416
167,766,950 242,881,000
86,158,657 1,570,287,131
66,260,677 266,967,757 161,204,196 291,692,220
64,048,900 55,043,582 47,217,518 729,065,108 196,502,465 171,045,718 151,122,009 364,426,843 18,712,751
9,290,838 511,070,834 102,480,645 190,969,252
35,545,499 94,805,822
NET TANGIBLE
VALUE 2,342,793,975 5,280,237,840
761,452,597 21,873,382,036
6,598,851,603 6,178,769,016 8,820,683,065 6,861,129,041 31,782,031,210 3,270,139,358 13,760,154,596 1,990,874,759 16,779,626,298 1,906,767,615 3,524,936,985 6,147,326,090 8,978,454,295 15,668,444,268 4,785,074,513 14,037,317,425 17,135,121,185
972,923,080 1,870,062,225 14,027,375,402 3,588,085,151 10,382,737,583 10,396,052,093 10,557,919,751
LESS HOMEOWNER'S
EXEMPTIONS 36,167,208 48,681,279 9,384,835
130,502,100 45,902,570 79,913,890 68,701,701 41,731,206
228,581,174 35,894,807 59,601,826 19,522,682
102,461,800 18,637,642 26,766,600 8,514,800 28,880,600 65,857,173 45,040,337 48,059,200
130,712,014 12,100,446 14,848,400
102,367,262 32,916,738
103,186,033 51,859,212 70,578,139
2019/2020 NET TAXABLE
VALUE 2,306,626,767 5,231,556,561
752,067,762 21,742,879,936
6,552,949,033 6,098,855,126 8,751,981,364 6,819,397,835 31,553,450,036 3,234,244,551 13,700,552,770 1,971,352,077 16,677,164,498 1,888,129,973 3,498,170,385 6,138,811,290 8,949,573,695 15,602,587,095 4,740,034,176 13,989,258,225 17,004,409,171
960,822,634 1,855,213,825 13,925,008,140 3,555,168,413 10,279,551,550 10,344,192,881 10,487,341,612
2018/2019 NET TAXABLE
VALUE 2,200,502,396 4,698,937,235
746,553,920 20,835,429,775
6,143,510,436 5,834,365,435 8,349,036,920 6,207,316,668 29,854,892,125 3,015,226,041 12,887,246,158 1,878,214,074 15,990,142,895 1,732,536,683 3,316,083,383 5,905,182,232 8,591,118,655 14,977,893,529 4,495,852,466 13,347,697,638 15,633,324,579
888,405,173 1,774,380,169 13,307,555,683 3,367,502,843 9,478,845,944 9,736,947,414 9,684,272,589
ASSESSED VALUE CHANGE 106,124,371 532,619,326 5,513,842 907,450,161 409,438,597 264,489,691 402,944,444 612,081,167
1,698,557,911 219,018,510 813,306,612 93,138,003 687,021,603 155,593,290 182,087,002 233,629,058 358,455,040 624,693,566 244,181,710 641,560,587
1,371,084,592 72,417,461 80,833,656
617,452,457 187,665,570 800,705,606 607,245,467 803,069,023
PERCENTAGE CHANGE
4.82% 11.33% 0.74% 4.36% 6.66% 4.53% 4.83% 9.86% 5.69% 7.26% 6.31% 4.96% 4.30% 8.98% 5.49% 3.96% 4.17% 4.17% 5.43% 4.81% 8.77% 8.15% 4.56% 4.64% 5.57% 8.45% 6.24% 8.29%
CITY TOTALS UNINCORPORATED TOTALS GRAND TOTAL
256,612,158,394 46,163,213,729
302,775,372,123
6,333,435,339 1,007,087,600 7,340,522,939
250,278,723,055 45,156,126,129
295,434,849,184
1,667,371,674 346,434,943
2,013,806,617
248,611,351,381 44,809,691,186
293,421,042,567
234,878,973,058 42,055,718,729
276,934,691,787
13,732,378,323 2,753,972,457
16,486,350,780
5.85% 6.55% 5.95%
CATEGORY LAND: IMPROVEMENTS:
Structures Fixtures Tree & Vines PERSONAL PROPERTY: Inventory Other TOTAL SECURED
LAND: IMPROVEMENTS:
Structures Fixtures PERSONAL PROPERTY: Inventory Other TOTAL UNSECURED
TOTAL SEC. & UNSEC. INCREASE
2019/2020 87,440,341,720 205,098,493,195 204,397,786,579
618,753,656 81,952,960
905,792,403 0
905,792,403 293,444,627,318
1,773,178 4,301,577,179
81,603,183 4,219,973,996 5,027,394,448
0 5,027,394,448 9,330,744,805
302,775,372,123 5.86%
CATEGORY
LAND: IMPROVEMENTS:
Structures Fixtures Tree & Vines PERSONAL PROPERTY: Inventory Other TOTAL SECURED
2008/2009
82,800,159,346 150,905,989,361 149,933,153,647
898,037,635 74,798,079
873,306,840 0
873,306,840 234,579,455,547
LAND: IMPROVEMENTS:
Structures Fixtures PERSONAL PROPERTY: Inventory Other TOTAL UNSECURED
2,563,758 3,681,812,661
274,887,848 3,406,924,813 4,716,557,525
0 4,716,557,525 8,400,933,944
TOTAL SEC. & UNSEC. INCREASE
242,980,389,491 1.45%
Total Assessed Prior to Exemptions
2018/2019 83,653,869,717 192,745,891,692 192,050,659,823
611,532,477 83,699,392
869,624,319 0
869,624,319 277,269,385,728
1,505,748 4,057,363,002
98,654,897 3,958,708,105 4,673,141,269
0 4,673,141,269 8,732,010,019
286,001,395,747 6.26%
2007/2008 76,838,721,323 154,308,467,223 153,331,490,703
901,300,558 75,675,962
848,996,551 0
848,996,551 231,996,185,097
2,466,951 3,195,471,106
256,457,054 2,939,014,052 4,314,076,556
0 4,314,076,556 7,512,014,613
239,508,199,710 16.63%
RIVERSIDE COUNTY ASSESSOR
HISTORICAL ASSESSED VALUE DATA
2017/2018 79,667,531,729 180,308,098,732 179,594,997,996
631,024,157 82,076,579
798,263,525 0
798,263,525 260,773,893,986
1,336,881 3,927,041,041
112,531,084 3,814,509,957 4,445,066,757
0 4,445,066,757 8,373,444,679
269,147,338,665 5.53%
2016/2017 76,234,226,097 169,774,098,408 169,040,202,199
653,654,705 80,241,504
826,916,446 0
826,916,446 246,835,240,951
1,568,659 3,877,074,172
132,752,146 3,744,322,026 4,339,274,241
0 4,339,274,241 8,217,917,072
255,053,158,023 5.08%
2015/2016 73,266,882,692 160,838,455,188 160,014,223,861
745,452,570 78,778,757
921,418,786 0
921,418,786 235,026,756,666
1,853,495 3,719,731,551
176,061,627 3,543,669,924 3,968,389,539
0 3,968,389,539 7,689,974,585
242,716,731,251 5.78%
2014/2015 69,707,246,878 151,106,935,201 150,230,229,736
798,878,942 77,826,523
926,834,898 0
926,834,898 221,741,016,977
1,621,687 3,756,525,752
201,713,840 3,554,811,912 3,961,661,949
0 3,961,661,949 7,719,809,388
229,460,826,365 7.74%
2006/2007 66,060,463,091 131,747,869,869 130,688,173,347
981,004,882 78,691,640
811,348,830 0
811,348,830 198,619,681,790
2,687,874 2,839,266,298
225,397,607 2,613,868,691 3,893,466,854
0 3,893,466,854 6,735,421,026
205,355,102,816 22.52%
2005/2006 52,383,421,211 108,106,474,744 107,052,769,375
971,079,629 82,625,740
797,822,840 0
797,822,840 161,287,718,795
4,281,622 2,709,284,739
207,403,533 2,501,881,206 3,603,002,720
0 3,603,002,720 6,316,569,081
167,604,287,876 19.59%
2004/2005 43,783,094,202 89,743,256,172 88,849,571,990
810,914,057 82,770,125
773,389,419 0
773,389,419 134,299,739,793
5,008,543 2,465,145,466
213,495,347 2,251,650,119 3,378,447,781
0 3,378,447,781 5,848,601,790
140,148,341,583 14.18%
2003/2004 38,519,251,192 78,134,006,409 77,219,767,587
834,605,238 79,633,584
726,335,457 0
726,335,457 117,379,593,058
6,243,085 2,262,677,952
240,869,893 2,021,808,059 3,097,072,446
0 3,097,072,446 5,365,993,483
122,745,586,541 11.52%
2013/2014 65,541,074,543 138,872,546,597 137,919,239,912
871,784,959 81,521,726
874,469,964 0
874,469,964 205,288,091,104
1,895,437 3,777,343,148
215,452,453 3,561,890,695 3,908,211,185
0 3,908,211,185 7,687,449,770
212,975,540,874 3.95%
2002/2003 35,014,544,283 69,219,621,221 68,271,003,116
865,459,709 83,158,396
845,862,687 0
845,862,687 105,080,028,191
8,934,327 2,049,095,218
243,610,927 1,805,484,291 2,932,448,879
0 2,932,448,879 4,990,478,424
110,070,506,615 11.45%
2012/2013 63,512,569,335 132,708,756,414 131,761,923,246
867,260,334 79,572,834
878,213,396 0
878,213,396 197,099,539,145
2,684,365 3,789,163,298
237,847,434 3,551,315,864 3,997,124,660
0 3,997,124,660 7,788,972,323
204,888,511,468 -0.15%
2001/2002 32,152,526,097 61,231,095,621 60,239,637,887
912,299,336 79,158,398
795,650,850 0
795,650,850 94,179,272,568
12,522,538 1,847,112,986
283,903,577 1,563,209,409 2,726,970,794
0 2,726,970,794 4,586,606,318
98,765,878,886 10.49%
2011/2012 64,225,342,078 132,336,342,199 131,454,976,006
805,002,538 76,363,655
824,028,513 0
824,028,513 197,385,712,790
1,233,795 3,650,346,602
246,609,312 3,403,737,290 4,150,398,993
0 4,150,398,993 7,801,979,390
205,187,692,180 -1.45%
2010/2011 65,933,303,364 133,423,211,029 132,494,395,267
855,431,271 73,384,491
828,740,127 0
828,740,127 200,185,254,520
2,020,661 3,657,624,635
274,834,636 3,382,789,999 4,360,360,954
0 4,360,360,954 8,020,006,250
208,205,260,770 -4.25%
2000/2001 29,741,873,362 54,671,031,073 53,602,285,167
987,765,321 80,980,585
742,855,385 0
742,855,385 85,155,759,820
13,045,528 1,728,799,248
255,428,589 1,473,370,659 2,490,099,648
0 2,490,099,648 4,231,944,424
89,387,704,244 10.93%
1999/2000 27,570,773,518 48,622,740,269 47,710,292,288
831,223,740 81,224,241
743,957,593 0
743,957,593 76,937,471,380
14,360,441 1,530,720,414
231,603,585 1,299,116,829 2,097,684,746
0 2,097,684,746 3,642,765,601
80,580,236,981 6.32%
Assessor (951) 955-6200
County Clerk-Recorder (951) 486-7000
Mailing Address P.O. Box 751 Riverside, CA 92502-0751
www.riversideacr.com www.riversidetaxinfo.com
July 23, 2019
Riverside County
NEWS RELEASE
Contact: Lori Aleman 951-955-2351
Rise in property values to outpace property-tax increase for the average homeowner
RIVERSIDE – Despite a nearly six percent overall increase in property value in Riverside County, the average owner will not see a commensurate increase in property taxes, according to Riverside County’s Assessor-County Clerk-Recorder.
All sectors of Riverside County's real estate market grew in the fiscal year that ended June 30. AssessorCounty Clerk-Recorder Peter Aldana announced today that the taxable value of all property in Riverside County for the current year is $302 billion. This year's tax roll—a list of all taxable property, its owner and its value as of Jan. 1—will generate more than $3 billion for local government services.
“This is a special roll to me,” Aldana said. “It marks the first roll closed with our new state-of-the-art property tax system. I am proud of the work my team of dedicated public servants performed, working tirelessly and innovating solutions to complete this major software upgrade. Their effort helps fund the local school and safety services that make our communities thrive.”
Riverside County’s new property tax system—a joint project between the Assessor, Auditor and Tax Collector, and built by Thomson-Reuters—replaces a 47-year-old legacy system. The new system will improve communication between departments, improve efficiency and help the Assessor track market conditions more effectively.
Home prices continued to grow even as sales began to slow at the end of 2018. CoreLogic, a real estate information services firm, reported a 3.5 percent rise in median home prices. Lower rents and prices of inland properties helped attract investors and industrial users to Riverside County, fueling increased demand in warehouse facilities resulting in higher prices for commercial-industrial properties.
Despite the increases, most property owners will not see an equal rise in property taxes. State law requires the assessor to enroll the property at its current market value, or at the lower value under Prop. 13, adjusted for inflation. The assessor enrolls most properties at their Prop. 13 value and taxes typically can increase by no more than two percent each year. Approximately 83 percent of Riverside County property is protected under Prop. 13.
PETER ALDANA COUNTY OF RIVERSIDE ASSESSOR-COUNTY CLERK-RECORDER
Assessor (951) 955-6200
County Clerk-Recorder (951) 486-7000
Mailing Address P.O. Box 751 Riverside, CA 92502-0751
www.riversideacr.com www.riversidetaxinfo.com
Property tax bills, which go out in October, notify owners about changes in property value. Although the assessor works to enroll fair-market values, an owner might disagree with the valuation. Those owners may file a free decline-in-value application online. Applications are due by Nov. 1 and are available at www.asrclkrec.com. Property owners may review their assessment roll value by visiting the Assessor’s website at www.asrclkrec.com or calling (951) 955-6200.
Property owners may also request a formal hearing before the Assessment Appeals Board. The deadline to file is Nov. 30. The application is available on the Clerk of the Board’s website at www.rivcocob.org.
RIVERSIDE COUNTY ASSESSOR
2019/2020 Compared to 2018/2019
SECURED AND UNSECURED - EXCLUDING STATE ASSESSED PROPERTIES
CATEGORY
SECURED
2019/2020
2018/2019
UNSECURED
2019/2020
2018/2019
LAND IMPROVEMENTS:
STRUCTURES FIXTURES
TREES & VINES PERSONAL PROPERTY
87,440,341,720
204,397,786,579 618,753,656 81,952,960 905,792,403
83,653,869,717
192,050,659,823 611,532,477 83,699,392 869,624,319
1,773,178
81,603,183 4,219,973,996
5,027,394,448
1,505,748
98,654,897 3,958,708,105
4,673,141,269
TOTAL
293,444,627,318 277,269,385,728
9,330,744,805
8,732,010,019
LESS:N.R.EXEMPTIONS NET TANGIBLE LESS: HOX
7,056,828,030 286,387,799,288
2,013,806,617
6,760,676,178 270,508,709,550
2,056,419,141
283,694,909 9,047,049,896
249,608,641 8,482,401,378
NET TAXABLE
284,373,992,671 268,452,290,409
9,047,049,896
8,482,401,378
CATEGORY
TOTAL
2019/2020
2018/2019
VALUE CHANGE
PERCENTAGE CHANGE
LAND IMPROVEMENTS:
STRUCTURES FIXTURES
TREES & VINES PERSONAL PROPERTY
87,442,114,898
204,479,389,762 4,838,727,652 81,952,960 5,933,186,851
83,655,375,465
192,149,314,720 4,570,240,582 83,699,392 5,542,765,588
3,786,739,433
12,330,075,042 268,487,070 (1,746,432) 390,421,263
TOTAL
302,775,372,123 286,001,395,747
16,773,976,376
5.86%
LESS:N.R.EXEMPTIONS NET TANGIBLE LESS: HOX
7,340,522,939 295,434,849,184
2,013,806,617
7,010,284,819 278,991,110,928
2,056,419,141
330,238,120 16,443,738,256
(42,612,524)
5.89%
NET TAXABLE
293,421,042,567 276,934,691,787
16,486,350,780
5.95%
RIVERSIDE COUNTY ASSESSOR
ASSESSED VALUE FOR UNINCORPORATED AREAS 2019/2020
AREA
Alvord Menifee Banning Beaumont Coachella Corona-Norco Palm Springs Desert Center Elsinore Colton Hemet Desert Sands Moreno Murrieta Nuview Palo Verde Perris Riverside Romoland San Jacinto Temecula Yucaipa Val Verde
TOTAL 2019/2020 LOCAL ROLL 1,396,450,929 1,145,173,923
942,881,878 752,803,218 2,004,005,043 4,694,824,745 2,262,673,490 233,842,246 2,040,087,465 130,584,373 5,506,173,874 3,599,129,774 897,008,912 2,694,036,473 843,599,781 831,457,662 814,089,104 4,145,451,461 640,573,710 270,545,056 7,957,136,007 110,976,427 2,249,708,178
LESS NON-REIMBURSED
EXEMPTIONS 4,864,526
15,317,625 7,160,948
16,051,387 88,919,350 30,170,892 73,093,657
385,351 31,215,016
2,970,837 211,293,335
31,635,364 6,846,159
14,152,513 6,326,312 326,099 3,435,063
37,115,797 5,020,937
121,945,692 137,811,740
287,647 160,741,353
NET TANGIBLE
VALUE 1,391,586,403 1,129,856,298
935,720,930 736,751,831 1,915,085,693 4,664,653,853 2,189,579,833 233,456,895 2,008,872,449 127,613,536 5,294,880,539 3,567,494,410 890,162,753 2,679,883,960 837,273,469 831,131,563 810,654,041 4,108,335,664 635,552,773 148,599,364 7,819,324,267 110,688,780 2,088,966,825
LESS HOMEOWNER'S
EXEMPTIONS 12,276,600 6,304,200 4,235,646 10,281,265 8,013,532 36,679,204 24,746,870 281,351 19,936,951 1,001,000 56,765,999 29,315,678 1,082,200 11,071,200 8,428,000 2,303,215 7,286,867 33,620,908 8,974,000 1,448,027 47,625,200 915,600 13,841,430
2019/2020 NET TAXABLE
VALUE 1,379,309,803 1,123,552,098
931,485,284 726,470,566 1,907,072,161 4,627,974,649 2,164,832,963 233,175,544 1,988,935,498 126,612,536 5,238,114,540 3,538,178,732 889,080,553 2,668,812,760 828,845,469 828,828,348 803,367,174 4,074,714,756 626,578,773 147,151,337 7,771,699,067 109,773,180 2,075,125,395
2018/2019 NET TAXABLE
VALUE 1,327,377,658
960,860,873 885,496,271 699,604,677 1,816,785,631 4,366,041,544 2,093,393,933 223,389,797 1,894,561,604 122,939,556 4,971,744,358 3,414,881,752 808,658,817 2,556,356,589 787,878,776 766,858,235 758,744,753 3,690,309,351 568,711,047 144,529,498 7,273,602,078 105,219,426 1,817,772,505
TOTALS
46,163,213,729
1,007,087,600 45,156,126,129
346,434,943 44,809,691,186 42,055,718,729
ASSESSED VALUE CHANGE 51,932,145 162,691,225 45,989,013 26,865,889 90,286,530 261,933,105 71,439,030 9,785,747 94,373,894 3,672,980 266,370,182 123,296,980 80,421,736 112,456,171 40,966,693 61,970,113 44,622,421 384,405,405 57,867,726 2,621,839 498,096,989 4,553,754 257,352,890
2,753,972,457
PERCENTAGE CHANGE
3.91% 16.93% 5.19% 3.84% 4.97% 6.00% 3.41% 4.38% 4.98% 2.99% 5.36% 3.61% 9.95% 4.40% 5.20% 8.08% 5.88% 10.42% 10.18% 1.81% 6.85% 4.33% 14.16%
6.55%
RIVERSIDE COUNTY ASSESSOR
ASSESSED VALUE FOR CITIES 2019/2020
CITY
BANNING BEAUMONT BLYTHE CORONA LAKE ELSINORE HEMET INDIO PERRIS RIVERSIDE SAN JACINTO PALM SPRINGS COACHELLA TEMECULA DESERT HOT SPRINGS NORCO INDIAN WELLS RANCHO MIRAGE PALM DESERT CATHEDRAL CITY LA QUINTA MORENO VALLEY CALIMESA CANYON LAKE MURRIETA WILDOMAR MENIFEE EASTVALE JURUPA VALLEY
TOTAL 2019/2020 LOCAL ROLL 2,397,267,294 5,379,437,269
811,732,630 22,342,844,806
6,664,305,019 6,346,535,966 9,063,564,065 6,947,287,698 33,352,318,341 3,336,400,035 14,027,122,353 2,152,078,955 17,071,318,518 1,970,816,515 3,579,980,567 6,194,543,608 9,707,519,403 15,864,946,733 4,956,120,231 14,188,439,434 17,499,548,028
991,635,831 1,879,353,063 14,538,446,236 3,690,565,796 10,573,706,835 10,431,597,592 10,652,725,573
LESS NON-REIMBURSED
EXEMPTIONS 54,473,319 99,199,429 50,280,033
469,462,770 65,453,416
167,766,950 242,881,000
86,158,657 1,570,287,131
66,260,677 266,967,757 161,204,196 291,692,220
64,048,900 55,043,582 47,217,518 729,065,108 196,502,465 171,045,718 151,122,009 364,426,843 18,712,751
9,290,838 511,070,834 102,480,645 190,969,252
35,545,499 94,805,822
NET TANGIBLE
VALUE 2,342,793,975 5,280,237,840
761,452,597 21,873,382,036
6,598,851,603 6,178,769,016 8,820,683,065 6,861,129,041 31,782,031,210 3,270,139,358 13,760,154,596 1,990,874,759 16,779,626,298 1,906,767,615 3,524,936,985 6,147,326,090 8,978,454,295 15,668,444,268 4,785,074,513 14,037,317,425 17,135,121,185
972,923,080 1,870,062,225 14,027,375,402 3,588,085,151 10,382,737,583 10,396,052,093 10,557,919,751
LESS HOMEOWNER'S
EXEMPTIONS 36,167,208 48,681,279 9,384,835
130,502,100 45,902,570 79,913,890 68,701,701 41,731,206
228,581,174 35,894,807 59,601,826 19,522,682
102,461,800 18,637,642 26,766,600 8,514,800 28,880,600 65,857,173 45,040,337 48,059,200
130,712,014 12,100,446 14,848,400
102,367,262 32,916,738
103,186,033 51,859,212 70,578,139
2019/2020 NET TAXABLE
VALUE 2,306,626,767 5,231,556,561
752,067,762 21,742,879,936
6,552,949,033 6,098,855,126 8,751,981,364 6,819,397,835 31,553,450,036 3,234,244,551 13,700,552,770 1,971,352,077 16,677,164,498 1,888,129,973 3,498,170,385 6,138,811,290 8,949,573,695 15,602,587,095 4,740,034,176 13,989,258,225 17,004,409,171
960,822,634 1,855,213,825 13,925,008,140 3,555,168,413 10,279,551,550 10,344,192,881 10,487,341,612
2018/2019 NET TAXABLE
VALUE 2,200,502,396 4,698,937,235
746,553,920 20,835,429,775
6,143,510,436 5,834,365,435 8,349,036,920 6,207,316,668 29,854,892,125 3,015,226,041 12,887,246,158 1,878,214,074 15,990,142,895 1,732,536,683 3,316,083,383 5,905,182,232 8,591,118,655 14,977,893,529 4,495,852,466 13,347,697,638 15,633,324,579
888,405,173 1,774,380,169 13,307,555,683 3,367,502,843 9,478,845,944 9,736,947,414 9,684,272,589
ASSESSED VALUE CHANGE 106,124,371 532,619,326 5,513,842 907,450,161 409,438,597 264,489,691 402,944,444 612,081,167
1,698,557,911 219,018,510 813,306,612 93,138,003 687,021,603 155,593,290 182,087,002 233,629,058 358,455,040 624,693,566 244,181,710 641,560,587
1,371,084,592 72,417,461 80,833,656
617,452,457 187,665,570 800,705,606 607,245,467 803,069,023
PERCENTAGE CHANGE
4.82% 11.33% 0.74% 4.36% 6.66% 4.53% 4.83% 9.86% 5.69% 7.26% 6.31% 4.96% 4.30% 8.98% 5.49% 3.96% 4.17% 4.17% 5.43% 4.81% 8.77% 8.15% 4.56% 4.64% 5.57% 8.45% 6.24% 8.29%
CITY TOTALS UNINCORPORATED TOTALS GRAND TOTAL
256,612,158,394 46,163,213,729
302,775,372,123
6,333,435,339 1,007,087,600 7,340,522,939
250,278,723,055 45,156,126,129
295,434,849,184
1,667,371,674 346,434,943
2,013,806,617
248,611,351,381 44,809,691,186
293,421,042,567
234,878,973,058 42,055,718,729
276,934,691,787
13,732,378,323 2,753,972,457
16,486,350,780
5.85% 6.55% 5.95%
CATEGORY LAND: IMPROVEMENTS:
Structures Fixtures Tree & Vines PERSONAL PROPERTY: Inventory Other TOTAL SECURED
LAND: IMPROVEMENTS:
Structures Fixtures PERSONAL PROPERTY: Inventory Other TOTAL UNSECURED
TOTAL SEC. & UNSEC. INCREASE
2019/2020 87,440,341,720 205,098,493,195 204,397,786,579
618,753,656 81,952,960
905,792,403 0
905,792,403 293,444,627,318
1,773,178 4,301,577,179
81,603,183 4,219,973,996 5,027,394,448
0 5,027,394,448 9,330,744,805
302,775,372,123 5.86%
CATEGORY
LAND: IMPROVEMENTS:
Structures Fixtures Tree & Vines PERSONAL PROPERTY: Inventory Other TOTAL SECURED
2008/2009
82,800,159,346 150,905,989,361 149,933,153,647
898,037,635 74,798,079
873,306,840 0
873,306,840 234,579,455,547
LAND: IMPROVEMENTS:
Structures Fixtures PERSONAL PROPERTY: Inventory Other TOTAL UNSECURED
2,563,758 3,681,812,661
274,887,848 3,406,924,813 4,716,557,525
0 4,716,557,525 8,400,933,944
TOTAL SEC. & UNSEC. INCREASE
242,980,389,491 1.45%
Total Assessed Prior to Exemptions
2018/2019 83,653,869,717 192,745,891,692 192,050,659,823
611,532,477 83,699,392
869,624,319 0
869,624,319 277,269,385,728
1,505,748 4,057,363,002
98,654,897 3,958,708,105 4,673,141,269
0 4,673,141,269 8,732,010,019
286,001,395,747 6.26%
2007/2008 76,838,721,323 154,308,467,223 153,331,490,703
901,300,558 75,675,962
848,996,551 0
848,996,551 231,996,185,097
2,466,951 3,195,471,106
256,457,054 2,939,014,052 4,314,076,556
0 4,314,076,556 7,512,014,613
239,508,199,710 16.63%
RIVERSIDE COUNTY ASSESSOR
HISTORICAL ASSESSED VALUE DATA
2017/2018 79,667,531,729 180,308,098,732 179,594,997,996
631,024,157 82,076,579
798,263,525 0
798,263,525 260,773,893,986
1,336,881 3,927,041,041
112,531,084 3,814,509,957 4,445,066,757
0 4,445,066,757 8,373,444,679
269,147,338,665 5.53%
2016/2017 76,234,226,097 169,774,098,408 169,040,202,199
653,654,705 80,241,504
826,916,446 0
826,916,446 246,835,240,951
1,568,659 3,877,074,172
132,752,146 3,744,322,026 4,339,274,241
0 4,339,274,241 8,217,917,072
255,053,158,023 5.08%
2015/2016 73,266,882,692 160,838,455,188 160,014,223,861
745,452,570 78,778,757
921,418,786 0
921,418,786 235,026,756,666
1,853,495 3,719,731,551
176,061,627 3,543,669,924 3,968,389,539
0 3,968,389,539 7,689,974,585
242,716,731,251 5.78%
2014/2015 69,707,246,878 151,106,935,201 150,230,229,736
798,878,942 77,826,523
926,834,898 0
926,834,898 221,741,016,977
1,621,687 3,756,525,752
201,713,840 3,554,811,912 3,961,661,949
0 3,961,661,949 7,719,809,388
229,460,826,365 7.74%
2006/2007 66,060,463,091 131,747,869,869 130,688,173,347
981,004,882 78,691,640
811,348,830 0
811,348,830 198,619,681,790
2,687,874 2,839,266,298
225,397,607 2,613,868,691 3,893,466,854
0 3,893,466,854 6,735,421,026
205,355,102,816 22.52%
2005/2006 52,383,421,211 108,106,474,744 107,052,769,375
971,079,629 82,625,740
797,822,840 0
797,822,840 161,287,718,795
4,281,622 2,709,284,739
207,403,533 2,501,881,206 3,603,002,720
0 3,603,002,720 6,316,569,081
167,604,287,876 19.59%
2004/2005 43,783,094,202 89,743,256,172 88,849,571,990
810,914,057 82,770,125
773,389,419 0
773,389,419 134,299,739,793
5,008,543 2,465,145,466
213,495,347 2,251,650,119 3,378,447,781
0 3,378,447,781 5,848,601,790
140,148,341,583 14.18%
2003/2004 38,519,251,192 78,134,006,409 77,219,767,587
834,605,238 79,633,584
726,335,457 0
726,335,457 117,379,593,058
6,243,085 2,262,677,952
240,869,893 2,021,808,059 3,097,072,446
0 3,097,072,446 5,365,993,483
122,745,586,541 11.52%
2013/2014 65,541,074,543 138,872,546,597 137,919,239,912
871,784,959 81,521,726
874,469,964 0
874,469,964 205,288,091,104
1,895,437 3,777,343,148
215,452,453 3,561,890,695 3,908,211,185
0 3,908,211,185 7,687,449,770
212,975,540,874 3.95%
2002/2003 35,014,544,283 69,219,621,221 68,271,003,116
865,459,709 83,158,396
845,862,687 0
845,862,687 105,080,028,191
8,934,327 2,049,095,218
243,610,927 1,805,484,291 2,932,448,879
0 2,932,448,879 4,990,478,424
110,070,506,615 11.45%
2012/2013 63,512,569,335 132,708,756,414 131,761,923,246
867,260,334 79,572,834
878,213,396 0
878,213,396 197,099,539,145
2,684,365 3,789,163,298
237,847,434 3,551,315,864 3,997,124,660
0 3,997,124,660 7,788,972,323
204,888,511,468 -0.15%
2001/2002 32,152,526,097 61,231,095,621 60,239,637,887
912,299,336 79,158,398
795,650,850 0
795,650,850 94,179,272,568
12,522,538 1,847,112,986
283,903,577 1,563,209,409 2,726,970,794
0 2,726,970,794 4,586,606,318
98,765,878,886 10.49%
2011/2012 64,225,342,078 132,336,342,199 131,454,976,006
805,002,538 76,363,655
824,028,513 0
824,028,513 197,385,712,790
1,233,795 3,650,346,602
246,609,312 3,403,737,290 4,150,398,993
0 4,150,398,993 7,801,979,390
205,187,692,180 -1.45%
2010/2011 65,933,303,364 133,423,211,029 132,494,395,267
855,431,271 73,384,491
828,740,127 0
828,740,127 200,185,254,520
2,020,661 3,657,624,635
274,834,636 3,382,789,999 4,360,360,954
0 4,360,360,954 8,020,006,250
208,205,260,770 -4.25%
2000/2001 29,741,873,362 54,671,031,073 53,602,285,167
987,765,321 80,980,585
742,855,385 0
742,855,385 85,155,759,820
13,045,528 1,728,799,248
255,428,589 1,473,370,659 2,490,099,648
0 2,490,099,648 4,231,944,424
89,387,704,244 10.93%
1999/2000 27,570,773,518 48,622,740,269 47,710,292,288
831,223,740 81,224,241
743,957,593 0
743,957,593 76,937,471,380
14,360,441 1,530,720,414
231,603,585 1,299,116,829 2,097,684,746
0 2,097,684,746 3,642,765,601
80,580,236,981 6.32%