Contra Office of Assessor Gus 5 Kramer 2530 Amold Drive, Suite 400 Costa Martner. California 94553-4359 Sees nak pap aiense Asamas County Telephone: (25) 313-7500 July 1, 2009 HONORABLE BOARD OF SUPERVISORS Contra Costa County Administration Building Martinez, Ca 94553 Dear Board Members: | wish to advise you that the 2009-2010 County Assessment Roll has been delivered to the County Auditor, as required by law. Due to the downturn in the real estate market, there was an $11.3 billion decrease in the local tax base for 2009-2010. This represents a 7.2% loss in assessed value and brings the total local assessment roll to over $145.6 billion. San Pablo had a 23.95% loss in assessed value, followed by Oakley with a 21.93% loss and Antioch with a 21.73% loss. Other cities with double-digit percentage losses include Brentwood, Pittsburg, Hercules and Richmond. The only cities with increases in assessed value from the prior year include Orinda at 5.39%, Lafayette at 3.31% and Moraga at 1.85%. Contra Costa County real estate continues to show a downward movement due to the current economy. The County assessment roll now consists of 363,028 parcels, an increase of 591 over the previous year. | would like to acknowledge and commend the staff of my office for their continued dedication and hard work, which resulted in the completion and delivery of this assessment roll on a timely basis. ot Fame — GUS S. KRAMER Assessor cc: David Twa, County AdministratorREPORT NO LF1521H.01 LOCAL ROLL Pc ~ CONTRA_COSTR COUNTY ASSESSORS OFFICE QSSESSMENT ROLL 20058019, SUMMARY BY PRIMARY TAR RATES AREA UNSECURED oRoss. ciTy/scH. ost VALUE vate Loca. EXEMPTIONS 3. 18) oakley TALS INSIDE ANTIOCH UNIF LED BRENTWOOD, BYRON’ 4 i H V Ri f i Q i TSBURG. UN’ WALNUT GREER TALS OUTSIDE 968,753,787 387,225,271 GRAND TOTALS ut, 264,195,822 5.464, 759,133 189,748,954,955 4,106,372,40% 145 ,642,582,551 Page a PROCESS DATE 06/30/2009 GAIN/Loss. toHe 11,310,445 ,860-DRT NO LFIS2IN.O3 TT CONTRRCOSTRCOUNTY-ASSESSORS-OFFTCE———— REPORT NO LF1521H.03 ASSESSMENT ROLL 2005-0010, PAGE 4 SUMMARY. "BY" PRIMARY TAR EA PROCESS DATE 06/20/2009 peeeraee a GAL ROLL. ALE RORLS, Po CITY/SCH.DIST SI E io wd BILE. VALUE Tock : f 432 (CORD 5 ‘GERRITO ast anit tcitteSSQRGRERE Bae % Bos x | i bails ‘ Bh 28 : GRAND TOTALS 145, 1,534,848,594 164,107, 733,957 144, 107,733,957