Escape Assessments Can Trigger Additional Prop Tax Bill
Escape Assessments Can Trigger Additional Prop Tax Bill
Nevada County property owners may receive unexpected tax bills due to escape assessments triggered by new construction, ownership changes, or previously overlooked property updates.
It doesn’t happen very often. But sometimes property owners get additional bills in the mail when taxable property or a change that should have been assessed was previously overlooked or not included on the government assessment roll. Nevada County Assessor Rolf Kleinhans sites common examples. That includes new construction…
Kleinhans says an escape assessment can also be triggered by changes in ownership or property transfers that were not reported or processed in time. That includes when someone dies. Also changes in business property ownership or control held by corporations, LLC’s, or partnerships and unreported taxable personal business property, missing statements, or additional property identified through an audit. But Kleinhans also mentions property changes that were not included on the regular assessment roll by the Assessor’s Office…
And another possible trigger for an escape assessment is changes to previously-granted exemptions, including the Homeowner’s Exemption. A property inspection may also be necessary. If an adjustment is warranted, the property owner receives a notice of the corrected assessment approximately 30 days prior to when the Auditor-Controller calculates the additional taxes, followed by the Treasurer-Tax Collector sending the bills and receiving payments.
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