2022 ASSESSED BOAT VALUES


Current data indicates that average retail prices for watercraft have experienced a substantial increase in value as compared to last year.  This appears to be largely a result of the COVID-19 pandemic, where the population of outdoor activities (boating, RV camping, etc.…) has increased substantially and a decrease in production has caused the demand for boats to exceed the supply.

The Assessor values boats each year at fair market value. To determine the value for each category of boat, we use both commercial valuation guides and information collected, analyzed, and published by the State Board of Equalization.

Value notices are mailed out around the beginning of each year to each boat owner which tells you of the proposed value and includes instructions on steps to take if you disagree with the value. The tax roll is closed at the end of June and the assessed values from that closed roll appear on the tax bills.

Even though the tax bills have been sent out and the taxes need to be paid, you still have recourse if you believe the boat value is too high. The value can be reduced, but you will be required to submit evidence to support your opinion of value. This evidence could be comparable sale listings, third-party evidence like written repair estimates, pictures of damage or other similar kinds of evidence. Once we get your evidence, we may follow up with a phone call or a field visit.

If we agree with your value, we will process a correction and notify you in writing and you will receive a corrected bill or a refund. If we do not agree with your value, you will also be notified, with an additional chance to provide current information on the vessel.  You also have the right to file an appeal with the County Assessment Appeals Board. The deadline for filing an appeal is November 30th, 2022. More information on the appeal process is available at:

https://www.edcgov.us/Government/BOS/Pages/assessment_appeal.aspx

 

For additional questions or concerns, please contact our marine division at edcbps@edcgov.us.




CALDOR FIRE PROPERTY TAX RELIEF AND RECOVERY

 

The Assessor's Office is near completion in processing value reductions for Caldor Fire property tax relief. If your property was damaged in the Caldor Fire and you have not yet received a value reduction or a response from our office, please click HERE for an informational packet on how to file a calamity claim for property tax relief under §170.  Please note that relief under §170 is retroactive and the deadline to file a claim is one year from the date of the calamity.  After the one-year deadline has passed, our staff can still review properties for a potential reduction in value under Prop 8 for prospective relief, but retroactive relief under §170 cannot be granted after the one-year deadline.

 

NEXT STEPS FOR PROPERTY OWNERS WHO HAVE RECEIVED A CALDOR FIRE VALUE REDUCTION:

If you have received a reduction on the assessed value of your property due to the Caldor Fire, your assessed value will be reviewed annually, starting with the 2023 lien date (1/1/2023).  Value will be restored each year, based on a review of market values and the progress of reconstruction (if applicable).  Please note: the limit to which the value can be restored to in most cases is the Prop 13 trended base year value. See additional information under the reconstruction section. 

 

RECONSTRUCTION OR TRANSFERRING A BASE YEAR VALUE TO A REPLACEMENT PROPERTY:

There are provisions in the law that allow for new construction reassessment exclusions when rebuilding after a disaster or for transferring a Prop 13 base year value to a replacement property for victims of a natural disaster or wildfire.  For additional information on the options available please click HERE.


For general Caldor fire recovery information from the County of El Dorado, please click HERE.




Proposition 19 - June 25th, 2021 Update

Please read the latest information from the Board of Equalization on the subject of:

"BASE YEAR VALUE TRANSFERS FOR GOVERNOR-PROCLAIMED DISASTERS"


Proposition 19 - May 11th, 2021 Update

Please read the latest information from the Board of Equalization on the subject of: 

"BASE YEAR VALUE TRANSFER GUIDANCE - QUESTIONS AND ANSWERS"


Proposition 19 - March 3rd, 2021 Update

Please read the latest information from the Board of Equalization on the subject of: 

"INTERGENERATIONAL TRANSFER EXCLUSION GUIDANCE - QUESTIONS AND ANSWERS"


Proposition 19 - February 10th, 2021 Update

Please read the latest information from the 

Board of Equalization on the implementation of Proposition 19 here.


Proposition 19  - January 5th, 2021 Update

For information on the result of the passage of Proposition 19, please follow this link.   
This the page will be updated as additional information becomes available.





The Assessor, the Auditor and the Tax Collector each play a role in property tax administration. The Assessor is responsible for maintaining the inventory of all assessable property in the county and preparing the various assessment rolls which are the basis of the property tax bills.

Property taxation in California has become complicated and difficult to understand. This web site is one way to help property owners, residents, the business community and anyone else seeking information about property taxation.

If you have questions, need clarification, or simply want more information, call, e-mail assessor@edcgov.us or drop by and see us Monday through Friday 8 a.m. to 5 p.m.

Thank you for electing me to serve as your Assessor. The El Dorado County Assessor’s Office enjoys a good reputation and our staff is among the best in public service. I am committed to maintaining that reputation through fair, impartial assessments and outstanding public service.


Thank You

Karl Weiland
El Dorado County Assessor