[quote=bearishgurl][quote=bearishgurl]flu, these “fixed charge assessments” (FCA’s) are charged to every parcel in the county. For the MM condo, they are $30.36 per yr. For a typical SFR assessed at about $300K, they are about $40 to $43 per yr.
I stand corrected here. The universal FCA’s for SFR’s in SD Co appear to be $29.64. I just looked at my tax bill, then sdr’s sample, then AN’s SEH sample and a couple of other random samples. They’re all $29.64.
Not sure why the MM condo fixed charges are $30.36. This bears further research on condo tax bills.
flu, you are correct that these are “fixed” charges.[/quote]
The other more important point though was the VAB is assessed at the same percentage based on the assessed value.
So someone with a $100k home or $2million home will have the same VAB percentage rate.
This is important when we talk about higher end homes that cost more. because in some cases VAB > MR