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Property tax values decline; El Dorado takes $1.5 mil. hit


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By Robert Lewis, Sacramento Bee

If you own a home in California, chances are the assessed value of your property just dropped.

County assessors statewide are releasing this year’s property tax rolls – the total assessed value of all properties in a given county – and most are lower than last year.

Sacramento County’s tax roll dropped nearly 2.2 percent to $128.8 billion. Yolo County’s is down about 1.9 percent. And El Dorado County and Placer County both saw the value of their taxable property drop more than 6 percent.

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