The negotiated portion to the City of Santa Paula from the county General Fund is 13.74 percent of 21.066 percent - 2.7 percent - in addition to 100 percent that the county would get for its fire protection district, 15.57 percent. That portion goes directly to the city and when added to the 2.7 percent totals 18.27 percent for Santa Paula’s coffers.During 2001-2002, Santa Paula collected $1,785,000 in secured and unsecured property taxes and interest and penalties on same.New construction, new business property, rising real estate markets and other positive economic factors are behind the rise in county property values. The assessment roll exempts schools; hospitals, churches and government owned buildings.The highest percentage increase occurred in 2000, when assessments grew by 10 percent.
Property valuation: 8 percent growth over last year’s assessment
July 03, 2002
Santa Paula News
An 8 percent growth in property valuation - the second highest in county history - should have a trickle down effect in Santa Paula when property owners get the new tax bills on the overall $4.9 billion boost in property taxes.
By Peggy KellySanta Paula TimesAn 8 percent growth in property valuation - the second highest in county history - should have a trickle down effect in Santa Paula when property owners get the new tax bills on the overall $4.9 billion boost in property taxes.According to Assessor Dan Goodwin, the 2002-2003 assessment roll shows the total taxable value of all Ventura County properties at $65,769,040,804, which will translate into a $657 million property tax bill for owners this coming year.The state gets the lion’s share, 55 percent - $361.5 million - which is put into the coffers of public schools. Ventura County government will get about $118 million; citiesThe good news is that most property owners will only see a 2 percent increase due to the passage of Proposition 13, which limited property tax increases.According to the county’s auditor office, property tax is 1 percent of the assessed valuation and just about 21.07 percent go to the county General Fund after cuts. Much of the county General Fund allotment is funneled to health care, public safety and other services.
