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

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

2023 Value Notice Annual Letter Sample 2023-07-11 Opens in new window

A. Mailing Address

This is the mailing address for the property described. 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 assessment tax purposes. Property Location refers to the physical address of the property.

C. Notice Of Your 2023-2024 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. Assessment Activity

This notice is used for a variety of property types and includes the following:

  • Business Property
  • California Land Conservation Agreement
  • Construction in Progress as of January 1
  • Manufactured Homes
  • Newly Created Parcels (Split or Combination)
  • Timber Preserves

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. 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. Assessment Appeal Information

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.