Commercial Owners Seeking Temporary Property Tax Reduction for 2021-2022

 The Assessor’s Office has the authority to temporarily reduce property tax assessments in accordance with Proposition 8 if the market value—as of January 1—falls below the 2021 assessed value. Proposition 8 only allows for temporary reductions on land and buildings. However, tenants, such as hair and nail salons or restaurants, may receive reductions through a property owner in accordance with their lease.

Data will continue to be accepted up to August 1, 2021. Below are examples of the requested industry-specific data. This information will be used by the Assessor’s Office to evaluate potential opportunities to reduce 2021-2022 property taxes for commercial properties most impacted by Covid-19.

To apply for a reduction, applicants are encouraged to have the above data compiled electronically prior to completing the on-line application below.

To watch the workshop, download the presentation or see additional information about the Webinar go to Proposition 8 Commercial Owners' Workshop

Related Links:
Decline In Value Request