The value of this year’s property assessment roll for Fresno County has increased by 5.2 percent, to more than $81.7 billion.
That according to county Assessor Paul Dictos, who this week released the county assessment roll, which reflects the total net assessed value of all real and business property in the county as of January 1.
Boats and aircraft are included with real estate in the properties assessed.
Those values are used by the office of the county Treasurer and Tax Collector in determining property tax rates for homes, businesses and other properties in the county.
The gross assessed value on all of the eligible properties actually is more than $85.6 billion, but the final number factors exemptions, including those for properties owned by charities and disabled homeowners.
This is the sixth straight year the combined assessment for Fresno County has increased.
The increase in combined property values are attributed in part to a 2 percent increase across the board – not counting exempt properties – set this year for Fresno County by the California Board of Equalization, along with properties that underwent improvements and expansions since their last assessments and the construction of new homes and businesses.
Unincorporated parts of the county and almost every city in it had their combined assessments increase this year between 1.8 percent and 9.5 percent – with Mendota seeing the highest rate of growth – compared to last year. The exception was Huron where the total combined assessment dropped by 5.9 percent, or more than $6.6 million, over that period.
A press release issued by Dictos didn’t disclose possible reasons why Huron bucked the trend.
The assessment roll consists of 293,351 taxable parcels, 1,740 business property assessments, 3,958 boats and 418 aircraft.
“In order to create the 2018 Assessment Roll, the hardworking and dedicated staff of the Assessor’s office processed 40,000 deeds, enrolled over 3,432 new construction events, and reviewed 35,737 decline-in-value parcels. Business personal property staff processed over 33,529 property statements, while the [agriculture] group processed 20,261 ag questionnaires representing approximately 1,750,000 acres of farmland,” states a press release from Dictos’ office.