Tax Relief

Tax Break for Catastrophe-Stricken Yolo County Householders – Each day Democrat

The Yolo County Assessor’s Office is proposing an amendment to a local ordinance during Tuesday’s board meeting.

The ordinance provides assistance to qualified property owners who moved to Yolo County after losing their homes in neighboring counties due to the recent California wildfires and flooding, according to Katharine Campos, a spokeswoman for the Assessor’s Office. Approval of this regulation would allow these individuals to transfer their previous property tax base to their replacement property in Yolo County.

“In recent years, our state has seen an increase in the number of people affected by natural disasters,” said Campos. “The victims suffered significant and sudden tax increases because they moved to replacement homes that are located across the county boundaries, sometimes just a few miles from their damaged homes.”

This ordinance would allow individuals who lost their homes before the schedule set out in Proposition 19 to potentially qualify for tax breaks.

“If approved, this ordinance would allow homeowners to transfer their previous property tax base when moving to Yolo County. We could help disaster survivors who have already moved to Yolo County and made this community their home, including those on fixed incomes, ”said Jesse Salinas, assessor / clerk recorder / registrar of voters in Yolo County.

The proposed regulation is expected to be publicly commented on at the next Yolo County Board meeting on Tuesday at 9:00 a.m. and sent back to the Board for a second reading on Tuesday April 6. Information on attending the meeting can be found on the county’s website: yolocounty.org.

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