One of the most comprehensive Office of the Assessor reports is for Santa Clara County, and one of the most respected County Assessors in the United States is Lawrence E. Stone. I’ve met Larry and he is a very astute individual. San Jose Magazine once named him one of Silicon Valley’s 100 most powerful leaders. Their latest report on the 2018-2020 taxable year showed that $5,307,117,553 was collected in property taxes. Google led the pack, paying $65 million, followed by PG&E with $64 mil and Apple with $59 mil. On the cover of this latest report was a photograph of the Glendenning Farm which back in 1851 had an assessed value of $6,000 and now is the Apple Campus, valued at $4.2 billion…quite a difference and think of all the services Santa Clara County is able to provide it’s residents with this revenue stream!
