How much do Marin property owners pay in basic (1%) property taxes?
Fiscal 2000-2001 $309,948,562
Fiscal 2001-2002 $340,557,006
Fiscal 2002-2003 $364,761,766
Fiscal 2003-2004 $390,423,821
Fiscal 2004-2005 $417,532,564
Fiscal 2005-2006 $454,131,515
Fiscal 2006-2007 $492,620,139
Fiscal 2007-2008 $525,539,470
Fiscal 2008-2009 $555,600,135
Fiscal 2009-2010 $564,723,778
Fiscal 2010-2011 $557,641,421
How is it distributed?
The allocation of property taxes to government
agencies varies depending on historic property tax levels and the agencies
that provide services in your area. The following table is provided for Marin
County governmental agencies.
County of Marin TAX Distribution
by Local Agencies
It is a mechanism, enacted in July of 1992 by the State Legislature,
to shift local tax revenues from cities, counties, and special districts
to a state controlled Education Revenue Augmentation Fund. The state uses this fund
to reduce their obligation to the schools. ERAF funds have been used by the State
to help school and community college districts meet minimum funding requirements.
Why was ERAF created?
Proposition 13, the 1978 ballot measure capped property taxes in the state
and thereby sharply diminished the property tax revenues that counties, cities, and special
districts had to provide services. ERAF allowed the legislature to reallocate the property
tax among local governments. In the midst of the recession in 1991-92, the State
Legislature exercised this power to take city, county, and special district property taxes
to fund the state government's obligation to support schools. The amount of the estimated
shift for fiscal year 2010-11 and the prior two fiscal years from Marin County local agencies to ERAF is as shown below.
County of Marin ERAF Contributions
by Local Agencies
FISCAL YEAR 2008-09
FISCAL YEAR 2009-10
FISCAL YEAR 2010-11
Gross
Contrib.
Excess ERAF
Net
Contrib.
Percent
Gross
Contrib.
Excess ERAF
Net
Contrib.
Percent
Gross
Contrib.
Excess ERAF
Net
Contrib.
Percent
County
52,453,943
36,180,542
16,273,401
66.7%
53,356,122
40,510,501
12,845,621
66.9%
52,881,253
37,474,133
15,407,120
67.0%
Cities
13,543,568
9,341,789
4,201,779
17.2%
13,615,323
10,337,400
3,277,923
17.1%
13,486,507
9,557,171
3,929,336
17.0%
Districts
12,598,647
8,690,018
3,908,629
16.1%
12,739,104
9,672,136
3,066,968
16.0%
12,599,206
8,928,388
3,670,818
16.0%
Total
78,596,158
54,212,349
24,383,809
100.0%
79,710,549
60,520,037
19,190,512
100.0%
78,966,966
55,959,692
23,007,274
100.0%
* Information provided by Roy Given, Director of Finance