Real estate levies in the City and County of San Francisco fund essential municipal services such as public education, emergency response, infrastructure maintenance, and social programs. These levies are based on the assessed value of a property and are due in two installments, the first on November 1st and the second on February 1st. For example, a property assessed at $1 million might incur an annual levy of approximately $10,000, payable in two $5,000 installments.
Timely remittance of these levies is crucial for maintaining the city’s financial stability and ensuring the continued delivery of vital public services. Historically, these funds have played a key role in the development and growth of San Francisco, enabling the city to invest in projects that benefit residents and businesses alike. Delinquent payments can result in penalties, interest accrual, and ultimately, legal action.
