Ventura County Top Ten Secured Property Tax Bills for Fiscal Year 2015-2016

Last month the County of Ventura Treasurer-Tax Collector published a list of the top 10 secured property tax payers in the county for fiscal year 2015-2016 as a matter of public record. Personally I thought for sure I would be on this list but, whew, I was not!  

Here they are:

#1 biggest taxpayer is Southern California Edison, with taxes of $13.4 million on $933 million of property valuation.

#2 is Thousand Oaks biotech giant Amgen Inc., with taxes of $13.1 million on $1.24 billion of assessed value.

#3 is Aera Energy LLC, with $7.1 million taxes on $679 million of assessed value.

#4 is Vintage Petroleum LLC, with $3.8 million taxes on assessed value of $356 million.

#5 is Proctor-Gamble Paper Products, which pays $3.7 million taxes on $307 million of assessed value.

#6 Macerich Oaks LLC pays $3.1 million in taxes on assessed value of $293 million.

#7 Southern California Gas Co. pays $2.8 million on assessed value of $198 million.

#8 Baxter Healthcare Corp (which I suspect is now called Baxalta) pays $2.8 million on assessed value of $262 million.

#9 Vintage Production CA LLC pays $2.4 million on $205 million assessed value.

#10 Los Robles Hospital pays $2.2 million on $206 million in assessed value.

Now what are you going to use this information for? Maybe a trivia game?

Property taxes are collected by the Treasurer-Tax Collector of Ventura County on behalf of the county, most of the city's 10 incorporated cities, 20 school districts and other local taxing agencies. As a resident of Thousand Oaks you will see a variety of taxes in addition to the base property tax of 1% of the assessed value of your property, such as school bonds, service agencies and special assessments.

Personally, perhaps my least favorite moment of the year is seeing the annual Secured Tax Statement in the mail. But heck, that's part of the price of living here in paradise I guess.

The general tax levy is limited to 1% of assessed value. Assessed value can increase no more than 2% per year based on Proposition 13. 

Learn more about Ventura County property taxes at www.ventura.org/ttc.