Value Notices

The link below will take you to the Mono County Parcel Viewer.  From here you can identify your assessment number by either assessor's parcel number or physical address, and once identified, view and/or print your value notice.

Possessory Interest Information and FAQs

Taxable Possessory Interests

A taxable possessory interest may exist whenever there is a private, beneficial use of publicly-owned non-taxable real property.  Such interests are typically found where private individuals, companies, or corporations lease, rent, or use federal, state, or local government owned facilities and/or land for their own beneficial use.

Grandparent to Grandchild Exclusion

IMPORTANT: In order to qualify for this exclusion, a claim form must be completed and signed by the transferors and a transferee and filed with the Assessor. A claim form is timely filed if it is filed within three years after the date of purchase or transfer, or prior to the transfer of the real property to a third party, whichever is earlier. If a claim form has not been filed by the date specified in the preceding sentence, it will be timely if filed within six months after the date of mailing of a notice of supplemental or escape assessment for this property.

Proposition 13 and Factored Base Year Values

Proposition 13 is a Constitutional amendment that limits the valuation and taxation of property in California. It was passed by the voters in June, 1978. Under Proposition 13, real property is reappraised only when a change in ownership occurs, or when new construction takes place. A change in ownership occurs when there is a transfer of property, whether the transfer is a purchase, a gift, an inheritance, a foreclosure, the addition or deletion of an owner, or any other means. New construction is any improvement to property that is not normal maintenance.

Proposition 13 restricts both the tax rate and the rate of increase in valuation of real property as follows:

  • The maximum amount of property tax cannot exceed 1% of a property's taxable value, plus bonds approved by the voters, service fees, improvement bonds and special assessments.
  • A property's original base value is its 1975-76 market value. This value is automatically increased by a maximum of 2% annually (or less if the California consumer price index (CPI) is less than 2%). A new base value is set whenever there is a change in ownership or new construction. This base value is also increased by a maximum of 2% each year (factored base year value).