The Tax Bill Contra Costa County recently sent property owners have some ugly surprises. You better be sitting down. Because any with the courage to read his new property tax bill, which was sent out over the last few weeks by the Contra Costa County Tax Collector, will find massive tax increases in several categories.
CONTRA COSTA COUNTY PROPERTY TAX BILL
Between the 2012-2013 tax bill and the 2013-2014 Contra Costa County tax bill, the increases, in certain categories on the new bill, range from 23 percent to 125 percent.
The rate of inflation over the last 12 months has been about 1.5 percent.
In the new (2013-2014) property tax bill, four huge tax increases, compared with a year ago, can be found.
Your Contra Costa County tax bill includes BART (Bay Area Rapid Transit), the East Bay Regional Park District, a 1997 bond measure for the Acalanes Union High School District, and a 2006 bond measure for the Contra Costa Community College District.
In percentage terms, the increases — in various categories — on the new (2013-2014) Contra Costa County tax bill for your property can be found below.
Up 74% BART
Up 53% East Bay Regional Park Board
Up 23% Acalanes School Dist., 1997 Bond
Up 125% Community College Dist.
And it’s no matter in other parts of the county. An average Mt Diablo School District 2010 Bond went from $28.49 to $159.66, 4.6 times higher than the previous year.
For a Contra Costa resident whose house was worth $1 million last year, the old (2012-2013) tax bill for the above four categories was $246. For a $1 million house, the new (2013-2014) tax bill is $381. This is a 55 percent increase.
Contra Costa County residents might want to ask themselves if their income over the last 12 months has gone up by as much as any of tax bill increases mentioned above.