Personal Property Examples In Contra Costa
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Under Article XIII, Section I of the California Constitution, all property is taxable unless it is exempt. Each year Personal Property is reassessed as of lien date, January 1st. Personal Property is all property except real estate and can include business equipment, vessels, aircraft, vehicles and manufactured homes.
Personal property depends on a surprisingly simple test: Can you physically move it? The outcome of that test determines the distinction between real property and personal property, which in turn has real implications for taxation.
A personal property tax is imposed by state or local governments on certain assets that can be touched and moved such as cars, livestock, or equipment. Personal property includes assets other than land or permanent structures such as buildings. These are considered to be real property.
2026 REQUEST FOR VALUE REVIEW (PROP 8) California State Revenue and Taxation Code, Section 51 authorizes the Assessor to temporarily lower the assessed value of any real property when it is greater than the market value as of January 1, lien date.
Berkeley (/ˈbɜːrkli/ BURK-lee) is a city on the eastern shore of San Francisco Bay in northern Alameda County, California, United States.
Vallejo (/vəˈleɪ(h)oʊ/ və-LAY-(h)oh; Spanish: baˈʎexo) is a city in Solano County, California and the second largest city in the North Bay region of the Bay Area. Located on the shores of San Pablo Bay, the city had a population of 126,090 at the 2020 census.
All property that is not real property is considered personal property and therefore is issued an Unsecured tax bill. Some typical items assessed and collected on the unsecured roll are: Boats. Airplanes. Improvements on the real estate of others.
Cities & Communities of Contra Costa Antioch. Brentwood. Clayton. Concord. Town of Danville. El Cerrito. Hercules. Lafayette. Martinez. Town of Moraga. Oakley. Orinda. Pinole. Pittsburg. Pleasant Hill. Richmond. San Pablo. San Ramon. Walnut Creek.
Today, Contra Costa County encompasses 716 square miles and is home to 19 cities and numerous unincorporated communities. The county's approximate 400,000 residences house a diverse population of more than 1.16 million residents, making it California's ninth most populous county.
