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2017-18 Fresno County Local Assessment Roll Valuations Released

Fresno County's 2017-2018 Net Tax Roll Passes $78 Billion

Post Date:07/17/2017

MEDIA RELEASE

CONTACT: PAUL DICTOS, CPA, FRESNO COUNTY ASSESSOR-RECORDER (559) 600-6879 or pdictos@co.fresno.ca.us

DATE: July 17, 2017

 

Fresno County's 2017-2018 Net Tax Roll Passes $78 Billion

Fresno, California- Fresno County Assessor-Recorder Paul Dictos announced today that the annual assessment roll hit a major milestone, exceeding the $78 billion mark -- after $6 billion in reductions allowed under California state law. The net assessed values for both locally and state assessed properties grew by $3.9 billion.

Dictos noted that all fifteen municipalities in the County showed an increase in their assessed value over the previous tax year, as shown on the attached Assessor certified report. The city of Fowler valuations surged 11% to lead all cities in percentage increase, while the City of Fresno valuations increased 4.59% to $34.4 billion. "Recent housing market forecasts for Fresno suggest that home prices will continue rising steadily in 2017. While other California markets could level off, Fresno prices could rise by around 4% next year, according to one source." Said Dictos

"The state of the Fresno County tax roll is strong" said Dictos. He pointed out that following the 2011 severe budget cuts suffered by the department, management and staff got down to work and achieved significant operational efficiencies. As a result, since January 1, 2011, Fresno County's Tax Roll increased by 37%. "A great thank you to my staff for their hard work and commitment to public service." Said Dictos

"The assessment roll reflects the total net assessed value of real and personal property in Fresno County as of January 1, 2017. A 37% increase over the past six years is GOOD NEWS for our families and children as the major beneficiaries of property tax revenues are California's public schools and community colleges. Sixtyfour percent of local property tax revenue generated in Fresno County goes to fund our public education", said Assessor-Recorder Paul Dictos.

 

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"ASSESSOR - Never Underestimate The Value of the Office"

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