Earlier this week, RCRC joined other county advocacy partners to call upon CoreLogic and Lereta to be leaders of CORTAC entities by remitting 2nd installment property taxes prior to the April 10th deadline. Property tax payments to counties are critical to the continuance of urgent services being provided by local agencies on the front lines responding to the COVID-19 pandemic.
Last week, along with our municipal partners, RCRC urged Governor Newsom to retain the property tax deadline, highlighting the reliance of nearly all local agencies on property tax receipts for municipal services. The letter to Governor Newsom can be read here.
CORTAC entities have already accumulated, from homeowners who pay through a monthly mortgage impound account, the total amount of property taxes due to California’s counties. The payments are due before the April 10th deadline, and if remitted, will provide an immediate influx of property tax revenue during this time of heightened need for services.
The letter from RCRC, the California State Association of Counties, the Urban Counties of California, and the Association of County Treasurers and Tax Collectors can be read here.