Discussion |
The Assessor and Controller have found eleven enrolled assessments that require corrections that are subject to the approval of the Board of Supervisors. The attached schedule lists the name of the taxpayer and the property address, the reasons for the correction, the amount of the correction, as well as the Roll Change number. Board approval may be evidenced by the execution of the Roll Correction form on behalf of the Board of Supervisors by the President of the Board. |
Fiscal Impact |
The estimated total fiscal impact is a $64,724.00 decrease in the 2008 tax roll, a $555,199.07 decrease in the 2007 tax roll, a $184,965.79 decrease in the 2006 tax roll and a $64,774.00 decrease in the 2005 tax roll; with property tax refunds estimated at $804,938.86, including interest. |
2008 ROLL CORRECTIONS
Taxpayer And Property Address |
Tax Year and Reason/Description |
Tax Roll Amount (Including interest, if applicable) |
Change Number |
Bay City Flower Co. 2265 Cabrillo Highway, S. Half Moon Bay |
2007: Correction of double assessment (same property included in both personal property assessment and real property assessment). |
$63,959.02 |
07-3953 |
DB Real Estate Pacific Plaza PTP 1901 Junipero Serra Blvd Daly City |
2005 Theater erroneously included in 2004 change in ownership requiring corrections to 2004 Supplemental, 2005, 2006 and 2007 annual rolls. |
$64,774.00 |
08-1766 |
DB Real Estate Pacific Plaza PTP 1901 Junipero Serra Blvd Daly City |
2006 Theater erroneously included in 2004 change in ownership requiring corrections to 2004 Supplemental, 2005, 2006 and 2007 annual rolls. |
$63,681.00 |
08-1766 |
Villa Montgomery 1500 El Camino Real Redwood City |
2007: Correction for delayed Welfare Exemption determination. |
$53,123.05 |
07-3852 |
Pratt & Whitney San Francisco International Airport San Bruno |
2006: Correction of double assessment (aircraft engines assessed as part of aircraft and as personal property). |
$121,284.79 |
08-109 |
Summerhill 75 Willow LLC 75 Willow Road Menlo Park |
2007: Supplemental roll correction to correct erroneous determination of sale (sale erroneously assigned to this property instead of other property which actually sold). |
$56,650.00 |
07-270 |
Mildred Dedomencio Trust 2200 Lake Road Belmont |
2008: Correction for exemption from reappraisal due to a Proposition 58 (Parent to Child) transfer |
$64,724.00* |
08-1026 |
Tyco Electronics 307 Constitution Drive Menlo Park |
2007:Correction to reflect AAB decision |
$123,627.00 |
08-1035 |
Tyco Electronics 308 Constitution Drive Menlo Park |
2007: Correction to reflect AAB decision |
$107,219.00 |
08-1036 |
Tyco Electronics 312 Constitution Drive Menlo Park |
2007: Correction to reflect AAB decision |
$92,391.00 |
08-1037 |
Tyco Electronics Vacant site, Constitution Drive Menlo Park |
2007: Correction to reflect AAB decision |
$58,230 |
08-1038 |
* Roll correction only – no refund