San Mateo County Cashes In As Property Tax Haul Hits $4.1 Billion

San Mateo County is pulling in a record property tax haul, collecting $4.1 billion in combined revenue for fiscal year 2024-25, a roughly 6 percent jump that translates into about $238 million more for local governments. The money, which helps keep schools open, lights on in city halls, and services running countywide, comes from the controller’s annual property tax accounting.

Countywide Revenue Up 6 Percent

According to SFGATE, total property tax collections climbed 6 percent in 2024-25, rising by about $238 million after bringing in $3.9 billion the previous year. The Bay City News Service report, carried on SFGATE, walks through highlights from the county controller’s latest breakdown, which was released Friday.

How The Money Is…

Story continues

TRENDING NOW

LATEST LOCAL NEWS