Reassessments of San Diego property value results in property tax refunds

SAN DIEGO (CNS) – The county of San Diego is about to mail $1.3 million in property tax refunds to around 1,500 landowners, it was announced today. The refunds are the result of reassessments that lower a property's value, generally after a home is sold in a depressed housing market.

Treasurer-Tax Collector Dan McAllister said one property owner will be receiving a check for $9,971.78. The smallest check will be for $10, he said.

“We could not start the Thanksgiving holiday weekend in a better way,” McAllister said. “I am certain these refunds will brighten the San Diego taxpayers that receive them.”

He hastened to add that a refund from a prior bill does not allow a property owner to ignore the current bill.

Categories: KUSI