Under California law, real property is reappraised only when:
New construction occurs
A reappraisal change in ownership occurs
Market value declines below assessed value
If none of these things occur, the assessed value of a property will increase by no more than 2% per year.
Under Proposition 13, the property tax rate is 1% of assessed value, plus any bonds or fees approved by popular vote. An annual tax bill may also include other special assessments and levies, which are not property taxes and not based on assessed value.
For more information, contact the Assessor at (209) 385-7631.