Unlike real property, business property is appraised annually at current market value as of January 1 (Lien Date). The law requires owners of taxable personal property with an aggregate cost of $100,000 or more to file an annual property statement with the Assessor. In addition, anyone requested by the Assessor to file a statement is required to do so. San Joaquin County currently assesses approximately 18,000 business accounts.

If you own the land on which the business property is located, the assessment will be included with your regular property tax bill for that parcel. These are customarily mailed at the end of October. If someone other than you owns the land on which the business property is located, you will receive an unsecured tax bill for the property in late July.