About the Data
The data used in this dashboard is pulled from a report generated by the City of Corona's financial software system, OneSolution. The data is manually extracted and updated into Socrata on a yearly basis.
Property Taxes in Corona, CA
Property tax is one of many responsibilities that come with owning a home. Counties, municipalities and school districts are a few examples of the taxing bodies that rely on property taxes to fund their operations.
By paying these taxes, you contribute to the financial stability of our community and support the quality of life in Corona.
How does the process work?
Property tax is applied to the net assessed property value as determined by the County of Riverside Assessor‐Recorder. California Proposition 13 sets the maximum tax rate at 1.00%, which excludes voter‐approved overrides (such as additional taxes for community facilities districts). Proposition 13 also limits the growth in assessed property values to the lesser of inflation or 2.00% per year.
The City carefully monitors property tax, in conjunction with the County of Riverside Assessor‐Recorder.
According to the County of Riverside Assessor‐Recorder, of each $1 in your base 1.00% property taxes that you pay, only 8 cents goes to Corona’s General Fund to pay for critical services such as (but not limited to) police, library services, infrastructure, parks, recreation, and fire.
Tax Receipt and Balancing Act Application
This app is intended to provide an estimate to Corona residents on where their tax dollars go. Sales and property taxes funds are spent on City services such as police, fire, library, parks, street maintenance, and public works. Sales and property taxes are split among several different entities including the county and schools. The amounts estimated by this tool only reflect funds collected and used by the City of Corona. For additional budget information, please visit OpenDataCorona.com.
Why Property Taxes Matter
The City uses General Fund revenue, which is primarily from property and sales taxes paid by households and businesses, to help pay for core programs and services. When property taxes are dispersed, they help other aspects of the city succeed!