What is the San Diego County Supplemental Tax Bill and Do I Need to Pay it?
For those buyers purchasing a new home (new construction or resale) in San Diego County, you will receive one or more Supplemental Tax Bills sometime in the 6 – 12 months following your close of escrow (I got that time frame direct from the San Diego County Tax Office) – the dates may vary for mailing the San Diego Supplemental Tax Bills.
All San Diego County real property is required to be reassessed following a change of ownership (or the completion of new construction). When you purchase a home you take on the current tax assessment and billing and are required to pay the property tax due according to the standard property tax payment schedule:
- Fiscal year begins – July 1
- 1st installment due Nov. 1
- 1st installment delinquent date Dec. 10
- 2nd installment due Feb. 1
- 2nd installment delinquent date April 10
- Annual property tax bills are mailed in October (both installment coupons)
Given when the home was last assessed, the current assessment and tax amount might be higher or lower due to shifts in pricing and property values, the purchase price, and other factors.
The San Diego County Supplemental Tax Bill will reflect the reassessment and the increase OR decrease in the tax amount due. The Supplemental Tax Bills are sent to the property owner, NOT the lender (even if you are escrowing money each month in your mortgage payment for tax purposes, i.e., an impound account).
For more details on everything you should know about your San Diego County property taxes and Supplemental Tax bills, visit the San Diego Treasurer-Tax Collector website.
Homeowners can pay their San Diego property tax bills on-line, too.