Understand Your Assessment Notice

Notices are mailed by end of July each year. Once mailed, the examples will be added.

To identify which notice you received, look at the bottom right corner of your notice. Click on a link below to view examples.

  1. P8 REVIEW - DEC/UNCHG/INC
  2. POSTCARD
  3. ANNUAL
  4. P8 REVIEW - REM

Please scroll down below the image to view a complete list of field descriptions.

2022 Value Notice Prop-8 Letter Sample 2022-07-12 Opens in new window

A. Mailing Address

This is the mailing address for the property described below. If you need your tax bill sent to a different address, please complete and return a Change of Mailing Address form.

B. APN & Property Location

This section identifies your property by the Assessor’s Parcel Number (APN) and Property Location. The APN (PDF) is a unique number used by the Assessor to identify property for tax assessment purposes. Property Location refers to the physical address of the property.

C. Notice Of Your 2022-2023 Taxable Value

The Assessor sends a “Notification of Assessed Value” to property owners in Placer County each July. This provides the property owner an opportunity to review the value and contact the Assessor if they have concerns. Your tax bill is based on this amount.

D. Your Assessed Value As Of January 1, 2022

Your 2022-2023 tax bill is based on the Assessed Value of your property as of January 1, 2022. This is the date when property taxes become a “lien” on property for the upcoming fiscal year (July 1 through June 30).

E. Exemptions

The value of approved property tax exemptions will show on this line. For additional information on available exemptions and other ways to lower your property taxes, please visit our Homeowners' Tax Relief page for more information.

F. Total Taxable Value

Your taxable value is the assessed value of your property less property tax exemptions. Your tax bill is based on this amount.

G. Value Review

This section provides information on what you may do if you disagree with the taxable value. Please review the information on our Informal Value Review page for more information.