Proposition 19 Calculations
Calculate Exclusion Amount:
Current Exclusion value = Exclusion Amount + Current Base Year Value
Current Exclusion value = $0 + $0 = $0
Determine Proposition 19 Valuation:
Estimated Market Value is greater than Current Exclusion Value ($0 >= $0).
Estimated Market Value is NOT greater than Current Exclusion Value ($0 < $0).
Calculate the difference $0 - $0 = $0
Full Exclusion Applies - No increase in Assesssed Value
Add difference to Current Base Year Value $0 + $0 = $0