Laserfiche WebLink
Assessment Formula: <br />Street Frontage Fee + Land Area Fee + Building Area Fee + Parcel Fee <br />1. Single-family residential uses are set at a rate of 10 cents per square foot of building pad, from one to four units are set at a <br />flat rate of $100 per unit (includes residential condos). <br />2. Multi-family residential uses of five or more units are set at 25 percent of respective base assessment rates (apartments). <br />3. Nonprofit- (5010) owned/occupied properties are set at 25 percent of respective base assessment rates. <br />4. Building areas are capped at a floor area ratio (FAR) of 4.0. <br />5. Government-owned/occupied properties will not be assessed and will receive no direct services. <br />6. Residential uses, regardless of the number of units, that are 100 percent project-based rental assistance programs; for <br />example, senior housing and the like, will not be assessed and will receive no direct services. <br />7. Mixed-use properties/complexes will generally be assessed based on prorated land-use ratios, using the following guidelines: <br />Commercial/Office Condos - No Residential Uses (multiple owners) <br />a. Building area fee at full building area fee rate (structured parking area excluded). <br />b. Land area fee at full land area fee rate but prorated for each unit based on ratio of unit building area to total building area. <br />c. Frontage fee at full frontage rate but prorated for each unit based on ratio of unit building area to total building area. <br />Mixed-Use Rental: Ground-Floor Commercial and Upper-Floor Residential (single owner) <br />a. Building area fee at full rate for commercial area and 25 percent commercial rate for residential area (structured parking area <br />excluded). <br />b. Land area fee at full land area fee rate. <br />c. Frontage fee at full frontage rate. <br />Mixed-Use Condos: Ground-Floor Commercial and Upper-Floor Residential (multiple owners) <br />a. Building area fee at full rate for commercial pad areas and 10 cents per square foot of building pad area, per residential condo <br />unit (structured parking area excluded). <br />b. Land area fee at full land area fee rate for commercial pad footprint. <br />c. Frontage fee at full frontage rate for commercial units (ground floor direct frontage). <br />d. Live-work condo units where there is a clear and legally defined distinction between work space and living space will be <br />assessed using a combination of a, b, and c above. <br />Street Frontage Fee is calculated by multiplying the linear feet of street frontage of a parcel by the Street Frontage Rate ($6 per <br />linear foot). <br />Land Area Fee is calculated by multiplying the square footage of the parcel by the Land Area Rate (10 cents per square foot) <br />Building Area Fee is calculated by multiplying the square footage of a structure, as derived from its gross exterior dimensions, by <br />the Building Area Rate (15 cents per square foot). <br />Flat Parcel Fee - each individual Assessor's Parcel is assessed the Flat Parcel Rate ($425). <br />Street Frontage Rate Land Area Rate Building Area Rate Flat Parcel Rate <br />$6.00 per linear foot 10¢ per square foot 15¢ per square foot $425 per parcel <br />21