Yolo County experienced another year of growth as reflected in the assessment roll data released recently by the county's Assessor/Clerk-Recorder/Registrar of Voters Jesse Salinas.
According to Salinas, the annual assessment roll reached $37.99 billion, a 5.16% increase over the prior year, largely on the growing demand for single-family housing.
The assessment roll reflects the total net assessed value of all real and business property in Yolo County as of Jan. 1.
In addition to the growth in property assessment because of the strong ongoing demand for single-family housing there is also strong market growth in the industrial properties throughout the county.
The city of Winters experienced an 8.43% increase, the largest Yolo County increase for the eighth consecutive year.
Woodland and West Sacramento experienced the second and third largest increases within the county at 6.12% and 5.53%, respectively.
The city of Davis increased by 4.08% and unincorporated areas of Yolo County grew by 4.68%.
These percentage increases reflect a comparison of this year's assessment values to the prior year.
"Local entities and services depend on the assessment roll values to operate, including public schools, community colleges, cities and the county," stated Salinas. "We as a community rely on these invaluable resources and the timely and accurate completion of the assessment roll."
The Yolo County assessment roll was delivered on June 28, representing the eighth consecutive tax roll delivered ahead of the statutory deadline of July 1.
This is the twelfth consecutive year of growth.
"Taxpayers should know that we're closely monitoring the ever-changing real estate market," said Salinas, while reminding the public that the taxable value represents the value as of Jan. 1.
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