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.
This was reported by the San Mateo County Executive Office, which highlighted in a statement that the 1 percent General Tax throughout the county is vital for public services, for a total of 2.7 billion dollars, which receive local government agencies.
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.
It also specified that taxes on school parcels 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 tax bills to the property.
Additional taxes to pay debt service amounts were $313 million, paid primarily by voter-approved bonds for local school districts.
"It's important to our team that we give taxpayers and residents visibility into the property tax dollars they pay and where those dollars are going," said Deputy Controller Kristie Silva.
In that sense, the official specified that these taxes help finance 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 on property taxes and County finances.
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