Mark Church

Mark Church 

San Mateo County’s property assessment roll increased year over year by $22.2 billion, or 8.34%, to a record high of over $288 billion in assessed value, San Mateo County Assessor Mark Church announced Tuesday.

Big increases were seen in the cities of San Carlos, South San Francisco, Burlingame, Millbrae and East Palo Alto. San Carlos had an increase of 12.64%, South San Francisco was up 12.53%, Burlingame saw a hike of 10.77%, Millbrae increased 9.43% and East Palo Alto was up 9.29%. The top five cities for growth in assessed value were South San Francisco at $3.08 billion, San Mateo at $2.59 billion, Redwood City at $2.08 billion, Menlo Park at $1.85 billion and San Carlos at $1.74 billion. The assessed value increases in these five cities total over 51% of the increase for the 2022-23 roll, according to the Assessor’s Office.

Recommended for you

(1) comment


So can we stop hearing about deficits and budget cuts and curtailed services by our city councils? Let us not forget that a billion is a THOUSAND million. Seems like a lot of bananas to spend.

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Thank you for visiting the Daily Journal.

Please purchase an Enhanced Subscription to continue reading. To continue, please log in, or sign up for a new account.

We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.

A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!