Changes in ownership or completed new construction are referred to as 'supplemental events' and result in supplemental tax bills that are in addition to the ...

A supplemental tax bill, usually sent three to six months after the purchase,will cover taxes for the additional $300,000 in value for the current fiscal year.

The supplemental tax is a one time tax which dates from the date you take ownership of your property or complete the construction until the end of the tax year.

The supplemental bill shows your home's change in value from the day you closed escrow, or reported the new construction, through the end of the fiscal year.

Supplemental Property Bill - Supplemental Property Bill to the Annual Secured Property Tax Bill and both must be paid by the date shown on the bill.

A supplemental tax bill is generated whenever a property is reassessed due to a change in ownership (a sale, transfer, or transfer of fractional interest); or ...

To calculate your supplemental tax bill, subtract your home's old value from the new market value based on the reassessment. You are taxed on that difference.

Adjusted for the number of months left in the fiscal year, the Supplemental Tax Bill represents the tax due on the difference between the old and the new values ...

Supplemental taxes are additional secured taxes that are assessed when property undergoes a change in ownership or new construction.