FROM THE OFFICE OF CLAUDE PARRISH, ORANGE COUNTY ASSESSOR
FOR IMMEDIATE RELEASE: June 29, 2016
Contact: CLAUDE PARRISH (714) 834-2734
Orange County Assessor Claude Parrish has delivered the 2016-17 Local Assessment Roll of Values yesterday, June 28, 2016, ahead of schedule in accordance with the Revenue and Taxation Code that requires delivery on July 1 st , and includes all locally assessable property in Orange County.
The total net taxable value on the Roll is over $526.1 billion. The Roll of Values is up 5.44% or $27.1 billion more than last year (2015-16). Each of Orange County’s 34 cities and the unincorporated areas had a year- to-year increase in net taxable value. Value changes are reflecting the Orange County real estate markets that show continued appreciation in property values this year and the restoration of values previously reduced under Proposition (Prop.) 8 decline in market value provisions. Continue reading