If you receive a supplemental property tax bill from your local county tax assessor, don't panic! It's common for property owners to get one of these bills and there's usually a good reason for it. In this article, we'll cover everything you need to know about supplemental tax bills so that you can understand why they exist and what kinds of things might be causing them.

What is a supplemental tax bill?

A supplemental tax bill is a bill that charges you for the difference between your property's actual assessed value, as determined by county assessors, and the tax rate of your municipality or school district. The bill is sent out when there is a change of ownership or a new build is completed and transferred to the new owner. The bill is sent out at different times depending on when you bought your home. If you purchased it before January 1st:

• The supplemental tax bill will arrive in October with a due date of December 31st

• You will have until June 30th to pay off the entire balance (plus interest)

If you purchased your house after Jan 1st:

• You could receive the bill throughout the year (March, July or Oct) with each bill giving you its specified due date

And if all this seems complicated enough already...

If you move out of your house before the end of that year, you'll be issued a refund. If you move out before January 1st and sell your property: You'll owe an additional tax bill for the difference between what your home sold for and its assessed value.

How do I appeal my reassessment?

You can appeal your reassessment within 30 days of receiving your bill. You can do it online, by mail, or in person, but you must provide information about the property and why you think its value is wrong. If you live in Riverside County, here is the direct link to appeal your Supplemental Taxes Click Here

Conclusion

So, when you get a supplemental property tax bill, it’s important to know what to do next. While you may be tempted to ignore the first bill, that would put you in a lot of trouble with the local government. Instead, budget to pay the bill on time, but feel free to reach out to us if you have any questions!