Property taxes collected in San Mateo County totaled $3.3 billion for the 2021-22 fiscal year, an increase of $129 million, or 4 percent, over the prior year for 11 consecutive years. property tax growth.
That's according to the San Mateo County Executive's Office, which noted in a statement that the countywide 1 percent General Tax is vital to public services, totaling $2.7 billion, that local government agencies receive.
About 51 percent of the general taxes collected are distributed to school districts, 26 percent to the county, 15 percent to cities/towns, 7 percent to special districts, and 1 percent to successor agencies. former development agencies.
He also said school parcel taxes and special charges from cities and special districts for services such as sewer maintenance, mosquito abatement and flood control totaling $342 million are included in property tax bills.
Additional taxes to pay debt service amounts totaled $313 million, primarily paid for by voter-approved bonds from local school districts.
“It’s important to our team that we provide taxpayers and residents with visibility into the property tax dollars they pay and where those dollars go,” said Deputy Controller Kristie Silva.
In that regard, the official said that these taxes help fund the operations of local cities/towns, school districts, special districts and the county, which provide essential services to county residents. For his part, County Comptroller Juan Raigoza encouraged all interested residents to visit the web site your office for more information about property taxes and County finances.
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