San Diego In Focus
Treasurer-Tax Collector

Treasurer-Tax Collector

The Treasurer-Tax Collector is an elected County official whose duties are mandated by State law and the County Charter. These duties include banking, investment, disbursement and accountability for public funds; the billing and collection of secured and unsecured property taxes for all local governments; and administering the Improvement Bond Acts of 1911, 1913 and 1915. The Treasurer-Tax Collector also administers the County’s Deferred Compensation Program.

Mailed 989,089 secured property tax bills and collected approximately $5.6 billion in Fiscal Year 2016-2017

The current collection rate is at 98% for unsecured and 99.21% for secured taxes

Processed a total of 28,923 property tax refunds valued at $65,789,739

Collected over $4 million in TOT revenue from establishments in unincorporated areas of the County

Online property tax sale resulted in record 343 properties being sold, totaling $5.6 million

49% enrollment by County employees in 457 plan

Combining the 457 and 401(a) plans, participation rate of 63%; the industry average 457 participation rate is 40% according the 2015 National Association of Government Defined Contribution Plan Administrators survey of Defined Contribution plans

The County of San Diego has an average participant account balance of $70,260; the industry average account balance is $59,000 according to the 2015 National Association of Government Defined Contribution Plan Administrators survey of Defined Contribution plans

As of 7/1/17, the voluntary deferred compensation plan assets total $1.38 billion

 

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