Supplemental Property Tax Statement | Internet Copy | This is not an official bill
2016-2017
For Fiscal Year Beginning July 1, 2016 and Ending June 30, 2017
ALAMEDA COUNTY
Supplemental Property Tax Statement
Tax Collector, Alameda County
1221 Oak Street, Room 131
Oakland, California 94612
Parcel Number: 3-43-5
Tracer Number: 64256801
Tax-Rate Area: 17-022
Location of Property:
1919 M L KING JR WAY, OAKLAND
PLM INVESTMENTS LLC
Contact Information
Tax Collector's Office
Payment Questions/Credit Card Payments
(510) 272-6800
Assessor's Office
Valuation/Exemption
(510) 272-3787
(510) 272-3770
Tax-Rate Breakdown
Taxing Agency | Tax Rate | Ad Valorem Tax |
---|---|---|
COUNTYWIDE TAX | 1.0000% | $12,092.36 |
VOTER APPROVED DEBT SERVICE | ||
CITY OF OAKLAND 1 | 0.1961% | $2,371.29 |
SCHOOL UNIFIED | 0.1151% | $1,391.83 |
SCHOOL COMM COLL | 0.0256% | $309.56 |
BAY AREA RAPID TRANSIT | 0.0080% | $96.74 |
EAST BAY REGIONAL PARK | 0.0032% | $38.70 |
EBMUD SPEC DIST 1 | 0.0028% | $33.86 |
TOTAL AD VALOREM TAX (AV TAX) | 1.3508% | $16,334.34 |
Supplemental Value Computation Worksheet
For each line item the Supplemental Amount is equal to the New Value minus both the Roll Value and the Prior Supplemental Assessment
Description | New Value | 2016-2017 Roll Value | Prior Supp. Assessment | Supplemental Amount |
---|---|---|---|---|
LAND | $1,800,000.00 | $132,427.00 | $1,667,573.00 | |
IMPROVEMENTS | $2,500,000.00 | $503,222.00 | $1,996,778.00 | |
TOTAL | $4,300,000.00 | $635,649.00 | $3,664,351.00 | |
PLUS DISCONTINUED EXISTING EXEMPTION | ||||
GROSS ASSESSMENT | $3,664,351.00 |
Tax Computation Worksheet
For each line item the Tax Due is calculated by first finding the Tax Amount, which is equal to the Supplemental Assessment times the Tax Rate. Then the Tax Amount is multiplied by the Pro Rate Factor to produce the Tax Due amount.
Description | Supplemental Assessment | Tax Rate | Tax Amount | Pro Rate Factor | Tax Due |
---|---|---|---|---|---|
GROSS ASSESSMENT & TAX | $3,664,351.00 | 1.3508% | $49,498.05 | 33.00% | $16,334.34 |
NET ASSESSMENT & TAX | $3,664,351.00 | 1.3508% | $49,498.05 | 33.00% | $16,334.34 |
LESS PREVIOUS PAYMENT | -$18,059.46 | ||||
TOTAL AMOUNT DUE | -$1,725.12 |
First Installment | Second Installment | Total Amount Billed |
---|---|---|
$0.00 | $0.00 | $0.00 |
If payment is submitted after due date, contact (510)272-6800 for the correct amount due.
Supplemental Tax Payment Information
The TOTAL AMOUNT DUE is payable by two installments that must be paid by the dates indicated on the installment payment remittance stubs attached to this bill. If the taxes are not paid, a 10% delinquent penalty attaches at 5 p.m. of the date indicated on each installment stub. A $10 cost also attaches when the second installment becomes delinquent. In addition to the 10% delinquent penalty and $10 cost, it will be necessary to pay redemption penalties and a redemption fee from JULY 1, 2019.
Please remit payment of supplemental property tax bills by a separate check from regular property tax bill payments.
IF THIS BILL IS TO BE PAID THROUGH AN IMPOUND ACCOUNT, IT IS YOUR RESPONSIBILITY TO CONTACT YOUR LENDER TO ARRANGE FOR PAYMENT SINCE THEY MAY NOT BE AWARE OF THE BILL.