SD County tops one million taxable parcels, $550 billion in assessed value in 2019

SAN DIEGO – San Diego County Assessor Ernie Dronenburg has certified and closed the 2019 assessed value roll of all taxable property with a value of $574.9 billion. This is an increase of 5.75% (or $31.2 billion) over last year. The County’s net assessed value after the deduction of property tax exemptions for homeowners, disabled veterans and charitable organizations is $551.9 billion.

Approximately $5.51 billion, using Proposition 13’s statutory 1% tax rate, will be distributed to fund schools, law enforcement, parks and other public services. The 2019 Assessment Roll consisted of 1,001,029...