By KAREN VELIE San Luis Obispo County saw a 6.24% increase in the assessed value of real property during the past fiscal year with the largest increases
San Luis Obispo County saw a 6.24% increase in the assessed value of real property during the past fiscal year with the largest increases in Paso Robles and San Luis Obispo, according to a SLO County Assessor’s Office report release Monday.
During the 2023-2024 fiscal year, the county is slated to collect $722,246,865 in property tax. Of that, 61% goes to schools, 24% to the county general fund, 7% to cities, 3% to local districts and 3% to redevelopment agencies.As part of this year’s annual report, SLO County Assessor Tom Bordonaro focused on the impacts of Proposition 13 and how the 1978 measure has helped keep people in their homes – especially seniors and those on fixed incomes.
On Sept. 12, the SLO County Board of Supervisors voted 3-2 to no longer support the two-thirds majority vote to raise taxes in its state legislative platform, with Supervisor Jimmy Paulding arguing that Proposition 13 does not include two-thirds majority vote requirements.
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