Title
Receive the Semi-Annual Report from the Assessor-County Clerk/Recorder
Report
RECOMMENDATION:
It is recommended that the Budget Committee receive the Semi-Annual Report from the Assessor County Clerk Recorder.
SUMMARY/DISCUSSION:
The following is a summary report of Supplemental Assessments for the County of Monterey as of December 31, 2018; a projection for next year's assessed valuation; and a summary of income generated by the County of Monterey's Clerk/ Recorder's Office at the mid-point of Fiscal Year 2018-2019.
As of 1/15/2019 the Monterey County Assessor's Office had generated 4,555 Supplemental bills with a gross supplemental value of $1,250,246,605. As of 12/31/17 the Monterey County Assessor's Office had generated 4,791 Supplemental Assessments with a gross supplemental value of $1,117,597,559.
2007-2008 4,122 $1,153,782,898 Average Supplemental Assessment $279,908
2008-2009 4,023 381,365,198 Average Supplemental Assessment $ 94,796
2009-2010 3,882 243,241,016 Average Supplemental Assessment $ 62,658
2010-2011 4,588 274,904,424 Average Supplemental Assessment $ 59,918
2011-2012 4,717 308,600,807 Average Supplemental Assessment $ 65,423
2012-2013 4,937 336,328,705 Average Supplemental Assessment $ 68,124
2013-2014 5,163 594,432,725 Average Supplemental Assessment $115,133
2014-2015 3,955 777,646,576 Average Supplemental Assessment $196,623
2014-2015 4,072 $1,013,440,117 Average Supplemental Assessment $248,880
2015-2016 4,107 911,803,144 Average Supplemental Assessment $222,012
2016-2017 4,791 $1,117,597,559 Average Supplemental Assessment $233,270
2017-2018 4,555 $1,250,246,605 Average Supplemental Assessment $274,478
As of January 1, 2019 the Local Secured Assessment ...
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