When are property taxes due in Marin County for FY 2024-2025?
Property taxes are due in two installments: first installment by December 10, 2024, and second installment by April 10, 2025. Payments received after these dates are subject to penalties.
What tax credits are available and how do I apply?
The primary credit is the Homeowners' Exemption, which reduces assessed value by $7,000 (saving approximately $70-80 annually). You must file Form BOE-266 by February 15. Additional credits may be available for seniors, veterans, or disabled persons, but each requires a separate application with specific deadlines and qualifications.
How does the Homeowners' Exemption work?
The Homeowners' Exemption reduces your home's assessed value by $7,000, not the tax bill directly. This exemption is NOT automatic - you must file an application by February 15 with the Marin County Assessor. Once approved, it generally continues unless you move or change the property's use.
How often is my property reassessed?
Under Proposition 13, your assessed value can only increase by a maximum of 2% per year unless there's a change in ownership or new construction. The county reassesses all properties annually as of January 1, but increases are capped at 2% or the inflation rate, whichever is lower.
How do I appeal my property tax assessment?
If you believe your assessed value is too high, you can file an appeal with the Marin County Assessment Appeals Board. Applications must be filed between July 2 and September 15 (or November 30 in certain circumstances). Contact the Clerk of the Board at (415) 473-7294.
What happens if I pay my property taxes late?
Late payments incur a 10% penalty immediately after the due date, plus additional penalties and interest. If taxes remain unpaid for five years, the property may be subject to the tax defaulted property auction process.
Can I pay my property taxes online?
Yes, Marin County offers online payment options through their official website. You can pay by electronic check or credit card, though credit card payments may incur processing fees. Visit the Marin County Treasurer-Tax Collector website for secure online payment options.
What are special district taxes and Mello-Roos?
Special district taxes fund specific services like fire protection, libraries, or parks within defined geographic areas. Mello-Roos taxes (Community Facilities Districts) are voter-approved assessments typically found in newer developments to fund infrastructure and services. These appear as separate line items on your tax bill and vary by location within the county.