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