HOW DOES THE SUPPLEMENTAL TAXES AFFECT ME?

The Supplemental Taxes only affect the individuals who are buying property or initiating new construction.  After the purchase or new construction has been completed, the new owner will receive a bill for the new taxes.  It then becomes a lien against the property as of the date of the ownership has changed or upon the date of the completion of the construction.

WHEN AND HOW WILL I BE BILLED?

It depends on the various counties and the workload of the County Assessor, the County Controller/Auditor and the County Tax Collector.  It could be as quick as a few weeks or several months.  The County Assessor must appraise the value of the property and advise you of your Supplemental assessment amount.  At that time, you have an opportunity to discuss your valuation, file for a Homeowner´s Exemption and file for an Assessment Appeal.  Then the county will calculate the amount of your Supplemental Tax and send you a bill stating the due date.

HOW IS THE AMOUNT DETERMINED?

There is a formula that calculates the tax bill.  It is based on the number of days in the months remaining until the end of the tax year, which is June 30.

HOW DOES THE PRORATION FACTOR WORK?

The supplemental taxes becomes effective on the first day of the month following the month in which the change of ownership or completion of construction actually occurred.  If the effective day happens to be on July 1^st, then there is no supplemental tax on the current tax roll.  However, in the event that it becomes effective on any other day, then the table of factors represented in the chart below is used to compute the Supplemental Assessment on the current tax roll. 

For example, The County Auditor finds that the Supplemental taxes would be $1,000, for the full year.  The change of ownership took place on September 15^th, with the effective date being October 1^st.  The Supplemental taxes would be subject to a prorating factor of .75 and the taxes would amount to $750.00.