Orange County’s treasurer-tax collector has released a report on the top property taxpayers for fiscal year 2016-17.
Not surprisingly, the biggest landlord in town paid the most property taxes. The Irvine Co.’s tab was $106 million in secured property taxes.
The top 20 property taxpayers sent nearly $300 million to county coffers. The top 10 unsecured property holders paid $19 million in taxes.
Shari L. Freidenrich, the county’s treasurer and tax collector, said in a statement that current-year secured property tax collections are on track to meet or exceed the fiscal year 2015-16 collection rate of 99.26 percent, up from a collection rate of 98.9 percent in 2012-13.
The 2015-16 collection rate, Freidenrich said, was the highest rate ever recorded for the county. As of Dec. 31, 2015, 95.32 percent of all first-installment property taxes have been paid, a slight decrease (0.73 percent) from the prior year at the same time.
Overall secured property tax payments, including second installment payments, increased to 55.59 percent, up from 55.25 percent on Dec. 31, 2015.
Secured taxes are on real property such as land and building improvements. Unsecured taxes are on personal property such as business equipment.
Top 20 property taxpayers, secured
1. Irvine Company, $106,205,861
2. Walt Disney Parks & Resorts, $52,961,148
3. SoCal Edison, $38,592,264
4. Five Points Holding, $17,220,833
5. Pacific Bell (AT&T), $10,180,801
6. Laguna Woods, $9,144,928
7. Essex Property Trust, $7,304,900
8. SoCal Gas Co., $6,776,834
9. Bella Terra Associates, $5,739,578
10. BEX Portfolio, $4,998,717
11. Marblehead Development Partner, $4,856,828
12. Olen Properties Corp., $4,417,224
13. South Coast Plaza, $4,208,343
14. B. Braun Medical, $3,956,165
15. Knott’s Berry Farm, $3,863,917
16. MMB Management, $3,733,589
17. SHR MLB, LLC (Montage Laguna Beach), $3,622,353
18. Standard Pacific Corp., $3,302,789
19. Sempra Energy (SDG&E), $3,152,326
20. Monroe MBR, $3,130,413
Top 10 unsecured property tax payers
1. Charter Communications, $3,814,174
2. Cox Communications, $2,587,1393
3. Boeing Co., $2,504,102
4. Broadcom Corp., $1,894,309
5. Southwest Airlines, $1,673,4606.
6. Allergan, $1,534,949
7. Applied Medical, $1,284,456
8. Jazz Semiconductor, $1,259,164
9. Panasonic Avionics Corp., $1,255,602
10. Kimberly-Clark Worldwide, $1,235,039
Contact the writer: hmadans@ocregister.com or Twitter: @HannahMadans
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