SLO County homeowners facing property tax hikes

July 2, 2013
Tom Bordonaro

Tom Bordonaro

Property taxes for about 24,000 San Luis Obispo County homeowners could increase more than 2 percent next year, according to County Assessor Tom Bordonaro. [Tribune]

Proposition 13, which California voters passed in 1978, limits yearly property tax increases to 2 percent under most circumstances. But, Bordonaro says many homeowners will face increases next year of more than 2 percent because the market value of their properties has dipped below the market value at the time they purchased the homes.

A subsequent 8 percent increase in San Luis Obispo County home values occurred last year, so Bordonaro anticipates many property tax assessments to increase by more than 2 percent next year.

“My message to everybody is if you have been reaping the benefits of this decline-in-value assessment, you could be seeing your taxes increase more than 2 percent,” Bordonaro said.

The actual percentage increases will depend on the assessments of individual properties.

“I don’t think most homeowners will see any more than an 8 percent increase,” Bordonaro said.

But, Bordonaro said homeowners could face increases of more than 8 percent.

The 24,000 properties which may receive assessments increases of more than 2 percent account for almost a third of the 85,000 single-family properties in the county that are on 10 acres or less.

 


15 Comments

  1. Slowerfaster says:

    Why not have a special SNOB tax for SLO property owners ?

    It would rake in millions !

    Like or Dislike: Thumb up 5 Thumb down 1

  2. mej says:

    Is anybody really surprised by this. If your taxes went down, surely you didn’t think they were going to stay that way. There’s been plenty of articles lately talking about the increase in property values. That should have been fair warning to those paying attention. This little reminder is for those that aren’t. It is what it is.

    Like or Dislike: Thumb up 6 Thumb down 0

  3. Slowerfaster says:

    How ironic ! Uber-Republican Bordarnero over taxing other stupid Republicans, again.
    And they agree with it ! Classic !

    BRAVO !

    Like or Dislike: Thumb up 6 Thumb down 17

    • r0y says:

      YES! This move is SO POLITICAL!

      If this does not teach us that it is ALWAYS republicans that raise taxes and democrats are the ones who want to lower them, then I don’t know what is.

      Pardon me, need to take another sip…

      Like or Dislike: Thumb up 1 Thumb down 1

  4. taxpayer says:

    I have always found Tom Bordonaro and the people working in the Assesor’s Office to be courteous and helpful. Awhile back, I had a problem with a piece of property that was inherited when one of my parents passed away. They were a big help in pointing me in the right direction to fix the problem. It took awhile but I am very grateful for their help. As far as Prop. 13 goes, it’s the law and they have to do what the law says to do. I, for one, am glad that we are getting notice ahead of time about something that, apparently, many of us were unaware of. That seems like the fair thing to do instead of surprising us when our bills show up.

    Like or Dislike: Thumb up 13 Thumb down 7

  5. Rambunctious says:

    I work for people that own property in this county; so anytime their expenses go up it does me no favors. This tax increase may be needed to prop up the beast but to levy it at a time when the economy is struggling to recover is immoral.

    Like or Dislike: Thumb up 16 Thumb down 6

  6. missmuffet says:

    Dont trust a word that Bordarnaro says. He is as sneaky as they come.

    Like or Dislike: Thumb up 18 Thumb down 15

  7. Mr. Holly says:

    Hats off to Mr.Bordonaro. He actually lowered the value of properties on the tax roll when the bottom fell out of the housing market. Since those values went down he also lowered the amount of taxes paid to reflect what the values were at that time. As the market has regained its value some of those reduced values have risen back to what their original value was. In some cases that could be as much as 8% bringing their value back up to current market value. Actually Mr. Bordonaro credited people on their tax bills while the market was down. Now that the market has recovered so have those decreased values which brings back the original values and will put those homes back in line for the annual 2% increase. I was subject to a case like this back in the 90′s when the market was devalued. I like most people who don’t like taxes or fees will accept this practice by Mr. Bordonaro to be fair.

    Like or Dislike: Thumb up 20 Thumb down 7

    • jimmy_me says:

      This did not happen for me. My Los Osos house purchased for a bit under $300K was valued at pretty close to $300K by Mr. Bordonaro and associates when the market hit bottom. At that time, there was not chance I could even get $200K for the house if I had to sell it. The county people I argued with were total f—heads about the matter. They were either really stupid, or they knew they were trying to ream people. The county eventually backed down and I received a reasonably fair assessment. I could go further into this, but I won’t. Suffice to say that if you live in Los Osos, and probably many other parts of the county, you paid too much property tax when home prices were at there lowest. If you’re like most smart people, you won’t trust the county when it comes to taking your money in order to pay their salaries.

      Like or Dislike: Thumb up 10 Thumb down 13

      • Ted Slanders says:

        jimmy_me,

        Like many here on CCN say, quit whining and get another job to make ends meet if you have too, and to help pay for your forthcoming tax increase of $2400.00!

        Don’t worry, remember, God always provides.

        Like or Dislike: Thumb up 9 Thumb down 15

        • doggin says:

          That he does, however the Demicans and Rupublictrats steal it as soon as we get our hands on it.

          Like or Dislike: Thumb up 12 Thumb down 4

          • As the world turns says:

            If Tom and the republicans believe increasing our property tax is justified then who are we to question; it must be good for the economy. God bless Tom, the republicans, gun ownership and increases in taxes.

            Like or Dislike: Thumb up 7 Thumb down 15

  8. easymoney says:

    “Proposition 13, which California voters passed in 1978, limits yearly property tax increases to 2 percent under most circumstances. But, Bordonaro says many homeowners will face increases next year of more than 2 percent because the market value of their properties has dipped below the market value at the time they purchased the homes.”

    Nothing like kicking someone when they are down…

    Like or Dislike: Thumb up 21 Thumb down 11

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