For the third straight year, property values have gone up in San Joaquin County.
Total assessed value in the county sank to $50.4 billion in 2012.
Now, County Assessor Kenneth Blakemore says the tax roll has bounced back almost to its pre-recession level.
"This year it's $62.1 billion or half a billion or $500 million short of our highest assessed value which was in 2007," says Blakemore.
Blakemore says he expects no more than a 1,000 appeals. He says most homeowners are pleased that their equity is recovering and realize that their taxes will be higher as a result.
CapRadio provides a trusted source of news because of you. As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.
