** Important information for all homeowners over 55 contemplating the sale of your principal residence**
California’s current property tax law allows homeowners over 55 a once in a lifetime transfer of the assessed value of a principal residence to a replacement of equal or lesser value and realize a property tax savings. PROPOSITION 5, on the statewide ballot this November, will change the formulas and anyone contemplating the sale of your existing residence and purchasing a replacement in the State should carefully read and consider the following information. This discussion is broken into two parts. The first is an explanation of the current law and what changes under Prop 5. The second part is a discussion of timing considerations.
CLICK HERE FOR MORE INFORMATION!
Please click on the link above to get more information on the new Property Tax System Transition.
On December 5th, 2017, the El Dorado County Board of Supervisors adopted an ordinance repealing Prop 90 effective November 7th, 2018. The ordinance contained the following provisions:
Please CLICK HERE for the complete history of the El Dorado County Board of Supervisors Agenda Items and Actions regarding the Proposition 90 Expiration.
Please Click Here for Detailed Information. (PDF Document)
The Assessor, the Auditor and the Tax Collector each play a role in property tax administration. The Assessor is responsible for maintaining the inventory of all assessable property in the county and preparing the various assessment rolls which are the basis of the property tax bills. Property taxation in California has become complicated and difficult to understand. This web site is one way to help property owners, residents, the business community and anyone else seeking information about property taxation. If you have questions, need clarification, or simply want more information, call, e-mail firstname.lastname@example.org or drop by and see us Monday through Friday 7:00 a.m. to 5:30 p.m. (excluding holiday weeks in which our hours are 8:00 a.m. to 5:00 p.m.) Thank you for electing me to serve as your Assessor. The El Dorado County Assessor’s Office enjoys a good reputation and our staff is among the best in public service. I am committed to maintaining that reputation through fair, impartial assessments and outstanding public service. Thank You Karl Weiland El Dorado County Assessor
360 Fair Lane, Placerville, CA 95667Local Number: (530) 621-5719From El Dorado Hills: (916) 358-3555 x5719From South Lake Tahoe: (530) 573-7955 x5719Fax: (530) 642-8148
South Lake Tahoe Office
3368 Lake Tahoe Blvd., #103South Lake Tahoe, CA 96150(530) 573-3422Fax: (530) 573-3425