What are supplemental taxes?
Supplemental taxes are additional secured taxes that are due when property undergoes a change in ownership or new construction. When a change in ownership or new construction takes place, the Assessor is required to immediately adjust the Lien Date, January 1, value to reflect the new value of the property. Supplemental tax bills represent the tax due on the difference between the old and new values. Please be aware that if you have received a supplemental bill, your mortgage company impound account will not pay the bill unless you have made specific arrangements with them to do so. If you have any concerns regarding payment please contact your mortgage company for more information.
“Supplemental” taxes are additional secured taxes that are due when property undergoes a change in ownership or new construction. When a change in ownership or new construction takes place, the Assessor is required to immediately adjust the “Lien Date”, January 1, value to reflect the new value of the property. Supplemental tax bills represent the tax due on the difference between the old and new values. Please be aware that if you have received a supplemental bill, your mortgage company impound account will not pay the bill unless you have made specific arrangements with them to do so. If you have any concerns regarding payment please contact your mortgage company for more information.
