Marine, Air Craft, and Motor Vehicles

Boats and airplanes are taxable and appraised annually. Their value is determined by reviewing the purchase price and the sale of comparable boats and airplanes. Information on their location and ownership is obtained from the Department of Motor Vehicles, the Federal Aeronautics Administration, and on-site inspections. Licensed vehicles are assessed an in-lieu property tax by the California Department of Motor Vehicles. The property taxes are then distributed by the State to local governments.