County property values send tax revenues down

Note: Most newspaper content reprinted here is incomplete and delayed. Want it all? Sooner? You can subscribe to our full print and online editions by calling (559) 674-4207 and get both editions for the price of one!

webmaster | 01/09/12
Author(s): 

$3M less than last year collected, tax collector says

The Madera County Office of the Treasurer-Tax Collector processed more than $66 million in first-installment property tax payments last year, officials have announced.

“The first installment of property taxes has been collected with a total of 94 percent of taxpayers paying timely,” said Treasurer-Tax Collector Tracy Kennedy. “My office, while understaffed, collected, processed and balanced more than $66 million in tax payments.”

That is about $3 million less than last year, because property values in the county have declined, said Assistant Treasurer-Tax Collector Selina April.

“I think the property values have gone down so our amounts have gone down,” she said. “That makes the tax dollars less.” ...

 

comments powered by Disqus

1