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Redwood City – In San Mateo County, combined property taxes totaled $4.1 billion in fiscal year 2024-25, an increase of 6 percent, or $238 million, in revenue that helps fund local cities, school districts, special districts and the County.
The breakdown of where the property taxes went and historical trends are detailed in the San Mateo County’s Property Tax Highlights publication for fiscal year (FY) 2024-25.
San Mateo County is one of three California counties that prepares this type of annual report. “It’s important that we provide taxpayers and residents visibility into the local tax dollars they pay and where those local dollars go,” said County Controller Juan Raigoza.
The $4.1 billion consists of the countywide 1 percent General Tax totaling $3.3 billion, $438 million for special charges and $399 million for debt service.
The countywide 1 percent General Tax is central to funding public services provided by local governments to residents throughout the county. About 51 percent of General Taxes collected are distributed to school districts, 25 percent to the County, 16 percent to cities, 7 percent to special districts and 1 percent to successor agencies of former redevelopment agencies.
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