Tax Savings for Homeowners

The SF City agency called the Office of the Assessor-Recorder has information and programs relevant to property taxation and house-buying. This is the first in a series of posts SNA will be publishing with information posts directly from this agency, which may help you better understand this aspect of homeownership and possibly save you money on your property tax bill. 

From the Office of Assessor Carmen Chu: Tax Savings for Homeowners

If you own and occupy your property as a primary residence, you may be eligible for a Homeowner’s Exemption. The Homeowner’s Exemption is a $7,000 deduction from your assessed value, not from your property tax due. For example, if you qualify for the exemption, your assessed value of $700,000 will be reduced to $693,000 ($700,000-$7,000) and you should expect to save $ 82.54.

If you are eligible and do not see an exemption amount on your tax bill, please download the Homeowner’s Exemption Claim form from our website (www.sfassessor.org). To learn more, check out our Community Fact Sheet on “Property Tax Savings for Homeowners”. You can also contact the Office of Assessor Carmen Chu by calling (415) 554-5596 or emailing assessor@sfgov.org.

For more information on this and other tax savings programs, please join the upcoming Sunnyside Neighborhood Association meeting where our elected Assessor Carmen Chu will be joining us to share a presentation from her Office. The Office of the Assessor-Recorder is responsible for determining an assessed value for all taxable property subject to property taxation. It also maintains all of the public records for the City. The work that Assessor Chu’s office does helps to generate over $2.6 billion in revenue, which is used to fund crucial services like fire, police, neighborhood improvements, and health & family support services.

Join the Sunnyside Neighborhood Association for their Quarterly Meeting on February 5, 2018 at 7:00 pm to meet Assessor Carmen Chu and learn more about the work of her Office. [Meeting held at St Finn Barr Auditorium, 415 Edna Street, San Francisco.]

Nicole J. Agbayani
Office of the Assessor-Recorder
City & County of San Francisco
1 Dr. Carlton B. Goodlett Place
San Francisco, CA 94102
(415) 554-7434

“With integrity we work together to build a better San Francisco through superior customer service, fair property taxation and the preservation of public records.”



         

Please join Sunnyside Neighborhood Association. 

Annual dues: Residences $20 (includes all members of household). Businesses $25

Your donation to Sunnyside Neighborhood Association is tax deductible.

Please include name, address, phone number and email address. Members receive the Sunnyside News, our quarterly newsletter, as well as advance notice of membership meetings and special events, and periodic email updates. Membership fees help support this website, and pay for meeting hall fees and supplies, insurance, and other expenses.

Thank you for your support!

You may also mail in your dues: P.O. Box 27615, San Francisco, CA  94127.

2 thoughts on “Tax Savings for Homeowners

  1. Pingback: Feb 5: SNA Quarterly Meeting | Sunnyside Neighborhood Association

  2. Pingback: Tonight: SNA Quarterly Meeting | Sunnyside Neighborhood Association

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