Assessed Value and Actual Value of Taxable Property

City of Orinda Assessed Value of Taxable Property For the last ten fiscal years

FY 2011‐12 FY 2012‐13 FY 2013‐14 FY 2014‐15 FY 2015‐16 FY 2016‐17 FY 2017‐18 FY 2018‐19 FY 2019‐20 FY 2020‐21 Less: Taxable Total Direct

Secured Unsecured Exemptions Assessed Value Tax Rate 4,643,266,577 $ 44,003,251 $ 74,055,238 $ 4,613,214,590 7.3730%

4,685,090,422 51,140,896 73,427,772 4,662,803,546 7.3720%

4,973,624,380 43,870,136 75,486,075 4,942,008,441 5,451,859,224 31,430,055 96,238,114 5,387,051,165 5,904,386,501 28,225,803 97,482,835 5,835,129,469 6,222,416,276 34,227,058 99,065,221 6,157,578,113 7.3270% 7.3670% 7.3680% 7.3680%

6,563,379,892 31,674,579 100,972,956 6,494,081,515 7.3680%

6,999,868,227 33,858,885 102,752,297 6,930,974,815 7,468,305,703 32,670,267 105,994,210 7,394,981,760 7,855,455,822 33,581,157 115,203,562 7,773,833,417 7.3690% 7.3910% 7.3910%

Note: In 1978 the voters of the State of California passed Proposition 13 which limited property taxes to a total maximum rate of 1% based upon the assessed value of the property being taxed. Each year, the assessed value may be increased by an "inflation factor" (limited to a maximum of 2%). With few exceptions, property is only reassessed at the time that it is sold to a new owner. At that point, the new assessed value is reassessed at the purchase price of the property sold. The assessed valuation data shown above represents the only data currently available with respect to the actual market value of taxable property and is subject to the limitations described above.

Source: Contra Costa County Assessor 2011/12 ‐ 2020/21 Combined Tax Rolls