The ordinance, approved by a 5-0 vote, authorizes the Tulare County Assessor to cancel regular tax
bills of $100 or less, beginning with the 2020/2021 tax year. It also eliminates supplemental and escape bills of $50 or less starting January 1, 2020.
“I am excited for the tax relief this new ordinance will provide, especially for small businesses, and for the support the Board has shown throughout this process,” said Tim Kochendarfer, assistant
The modest decrease in income to the county, an estimated $680,000 (or 0.2% of total revenue for (2018/2019), will be offset by savings of $740,000 annually in staff time and other resources.
Revenue and Taxation Code section 155.20 permits county supervisors to exempt real and personal
property from taxation if the full value is so low that the total taxes would amount to less than the cost of assessing and collecting them, up to a maximum of $10,000 ($50,000 in the case of certain possessory interest assessments).
In 1984, the Board of Supervisors set the minimum assessed value for regular tax bills at $1,000. Last October, Supervisors raised the exemption to $5,000, also by resolution. The resolution approved July 9 supersedes that ordinance. All of the maximum assessments in the ordinance code would be
adjusted automatically if the statutes are amended.