Documentary Transfer Tax
The City of Richmond r eceives Documentary Transfer Tax from the County for the sale of properties in Richmond. As one of the most volatile r evenue streams for the City, the amounts received can vary month-t o-month from the low $300 thousand to the highs of $7 million. A few large sales can widely swing the revenues.
In FY2023-24, the City budgeted $13.3 million for the Transfer Tax category and received $8.6 million, equating to a difference of $4.7 million.
In FY2024-25, the City budgeted $7.4 million. The differ ence between the budgeted amounts in these two years is that in the FY2024-25 budget, staff did not include property sales of over $10 million in the formula. Thes e few unpredictable transactions skew the monthly sales figures.
For FY2025-2 6, the City budgeted $13.6 million following the Guiding Fiscal Policy formula.
As a reminder, Measure H, approved by Richmond voters in November 2018, went into effect at the end of December 2018. Measure H increased the real estate transfer tax from 0.7 percent to 1.25 percent for proper ties with a sale price of over $1 million but below $3 million, 2.5 percent for properties with a sale price between $3 - $10 million, and 3.0 percent for properties with a sale price over $10 million.
The table below shows each monthly pay ment going back to FY 2018-19 and highlights the volatility of this revenue s tream. Of note ar e the v ery high payments received in certain months which are shown as significant peaks.
Attachment 4 - Documentary Transfer Tax for September 2025 KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Recorder (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
10/03/2025 13:14
For Month: September 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
For Richmond
2025-0088696 09/02/2025 08:38 09/02/2025 08:38:00 $3,150.00 $495.00 $3,645.00 Main Office 2025-0088728 09/02/2025 09:23 09/02/2025 09:23:00 $3,990.00 $627.00 $4,617.00 Main Office 2025-0089128 09/02/2025 15:36 09/02/2025 15:36:00 $2,100.00 $330.00 $2,430.00 Main Office 2025-0089595 09/03/2025 11:38 09/03/2025 11:38:00 $2,310.00 $363.00 $2,673.00 Main Office 2025-0089741 09/03/2025 12:23 09/03/2025 12:23:00 $4,865.00 $764.50 $5,629.50 Main Office 2025-0089767 09/03/2025 13:18 09/03/2025 13:18:00 $13,750.00 $1,210.00 $14,960.00 Main Office 2025-0089791 09/03/2025 13:30 09/03/2025 13:30:00 $2,261.00 $355.30 $2,616.30 Main Office 2025-0090557 09/05/2025 09:31 09/05/2025 09:31:00 $2,905.00 $455.95 $3,360.95 Main Office 2025-0090615 09/05/2025 10:00 09/05/2025 10:00:00 $5,950.00 $935.00 $6,885.00 Main Office 2025-0090656 09/05/2025 10:52 09/05/2025 10:52:00 $3,836.00 $602.80 $4,438.80 Main Office 2025-0090694 09/05/2025 11:10 09/05/2025 11:10:00 $5,593.00 $878.90 $6,471.90 Main Office 2025-0090712 09/05/2025 11:33 09/05/2025 11:33:00 $4,984.00 $783.20 $5,767.20 Main Office 2025-0090758 09/05/2025 12:48 09/05/2025 12:48:00 $6,356.00 $998.80 $7,354.80 Main Office 2025-0090766 09/05/2025 12:55 09/05/2025 12:55:00 $3,689.00 $579.70 $4,268.70 Main Office 2025-0090772 09/05/2025 13:02 09/05/2025 13:02:00 $6,055.00 $951.50 $7,006.50 Main Office 2025-0090785 09/05/2025 13:26 09/05/2025 13:26:00 $3,388.00 $532.40 $3,920.40 Main Office 2025-0091109 09/08/2025 09:48 09/08/2025 09:48:00 $4,445.00 $698.50 $5,143.50 Main Office 2025-0091161 09/08/2025 10:34 09/08/2025 10:34:00 $4,550.00 $715.00 $5,265.00 Main Office 2025-0091193 09/08/2025 11:02 09/08/2025 11:02:00 $5,005.00 $786.50 $5,791.50 Main Office 2025-0091337 09/08/2025 13:39 09/08/2025 13:39:00 $3,500.00 $550.00 $4,050.00 Main Office 2025-0091411 09/08/2025 14:04 09/08/2025 14:04:00 $3,605.00 $566.50 $4,171.50 Main Office 2025-0091482 09/08/2025 15:00 09/08/2025 15:00:00 $4,130.00 $649.00 $4,779.00 Main Office 2025-0091917 09/09/2025 13:37 09/09/2025 13:37:00 $3,178.00 $499.40 $3,677.40 Main Office 2025-0092012 09/09/2025 14:57 09/09/2025 14:57:00 $5,040.00 $792.00 $5,832.00 Main Office
Attachment 4 - Documentary Transfer Tax for September 2025 KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Recorder (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
10/03/2025 13:14
For Month: September 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2025-0092311 09/10/2025 09:11 09/10/2025 09:11:00 $3,724.00 $585.20 $4,309.20 Main Office 2025-0092594 09/10/2025 15:38 09/10/2025 15:38:00 $3,570.00 $561.00 $4,131.00 Main Office 2025-0092767 09/11/2025 09:04 09/11/2025 09:04:00 $1,435.00 $225.50 $1,660.50 Main Office 2025-0092880 09/11/2025 10:30 09/11/2025 10:30:00 $2,870.00 $451.00 $3,321.00 Main Office 2025-0093064 09/11/2025 14:43 09/11/2025 14:43:00 $3,605.00 $566.50 $4,171.50 Main Office 2025-0093572 09/12/2025 15:47 09/12/2025 15:47:00 $4,340.00 $682.00 $5,022.00 Main Office 2025-0093676 09/15/2025 08:39 09/15/2025 08:39:00 $3,360.00 $528.00 $3,888.00 Main Office 2025-0093956 09/15/2025 11:39 09/15/2025 11:39:00 $6,160.00 $968.00 $7,128.00 Main Office 2025-0093970 09/15/2025 12:19 09/15/2025 12:19:00 $4,725.00 $742.50 $5,467.50 Main Office 2025-0093987 09/15/2025 12:50 09/15/2025 12:50:00 $2,450.00 $385.00 $2,835.00 Main Office 2025-0093988 09/15/2025 12:50 09/15/2025 12:50:00 $2,800.00 $440.00 $3,240.00 Main Office 2025-0094362 09/16/2025 11:26 09/16/2025 11:26:00 $5,264.00 $826.65 $6,090.65 Main Office 2025-0094433 09/16/2025 12:24 09/16/2025 12:24:00 $4,655.00 $731.50 $5,386.50 Main Office 2025-0095018 09/17/2025 10:00 09/17/2025 10:00:00 $6,405.00 $1,006.50 $7,411.50 Main Office 2025-0095158 09/17/2025 11:13 09/17/2025 11:13:00 $3,010.00 $473.00 $3,483.00 Main Office 2025-0095263 09/17/2025 13:43 09/17/2025 13:43:00 $4,116.00 $646.80 $4,762.80 Main Office 2025-0095270 09/17/2025 13:54 09/17/2025 13:54:00 $3,150.00 $495.00 $3,645.00 Main Office 2025-0097474 09/18/2025 11:34 09/18/2025 11:34:00 $4,900.00 $770.00 $5,670.00 Main Office 2025-0097534 09/18/2025 12:27 09/18/2025 12:27:00 $12,937.50 $1,138.50 $14,076.00 Main Office 2025-0097687 09/18/2025 16:17 09/18/2025 16:17:00 $3,115.00 $489.50 $3,604.50 Main Office 2025-0097750 09/19/2025 08:01 09/19/2025 08:01:00 $3,500.00 $550.00 $4,050.00 Main Office 2025-0098003 09/19/2025 09:47 09/19/2025 09:47:00 $3,920.00 $616.00 $4,536.00 Main Office 2025-0098023 09/19/2025 10:05 09/19/2025 10:05:00 $5,698.00 $894.85 $6,592.85 Main Office 2025-0098064 09/19/2025 10:49 09/19/2025 10:49:00 $3,185.00 $500.50 $3,685.50 Main Office 2025-0098071 09/19/2025 10:51 09/19/2025 10:51:00 $3,150.00 $495.00 $3,645.00 Main Office 2025-0098245 09/19/2025 14:20 09/19/2025 14:20:00 $3,115.00 $489.50 $3,604.50 Main Office
Attachment 4 - Documentary Transfer Tax for September 2025 KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Recorder (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
10/03/2025 13:14
For Month: September 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2025-0098285 09/19/2025 14:50 09/19/2025 14:50:00 $2,100.00 $330.00 $2,430.00 Main Office 2025-0098286 09/19/2025 14:50 09/19/2025 14:50:00 $2,660.00 $418.00 $3,078.00 Main Office 2025-0098594 09/22/2025 11:00 09/22/2025 11:00:00 $5,670.00 $891.00 $6,561.00 Main Office 2025-0098639 09/22/2025 11:42 09/22/2025 11:42:00 $2,884.00 $453.20 $3,337.20 Main Office 2025-0098643 09/22/2025 11:44 09/22/2025 11:44:00 $2,065.00 $324.50 $2,389.50 Main Office 2025-0098693 09/22/2025 13:04 09/22/2025 13:04:00 $4,025.00 $632.50 $4,657.50 Main Office 2025-0098852 09/22/2025 16:05 09/22/2025 16:05:00 $4,095.00 $643.50 $4,738.50 Main Office 2025-0098967 09/23/2025 08:12 09/23/2025 08:12:00 $3,955.00 $621.50 $4,576.50 Main Office 2025-0099716 09/24/2025 11:20 09/24/2025 11:20:00 $3,773.00 $592.90 $4,365.90 Main Office 2025-0099825 09/24/2025 12:16 09/24/2025 12:16:00 $12,750.00 $1,119.80 $13,869.80 Main Office 2025-0099880 09/24/2025 13:04 09/24/2025 13:04:00 $5,880.00 $924.00 $6,804.00 Main Office 2025-0100034 09/24/2025 14:44 09/24/2025 14:44:00 $2,835.00 $445.50 $3,280.50 Main Office 2025-0100048 09/24/2025 14:48 09/24/2025 14:48:00 $4,130.00 $649.00 $4,779.00 Main Office 2025-0100059 09/24/2025 15:02 09/24/2025 15:02:00 $2,940.00 $462.00 $3,402.00 Main Office 2025-0100067 09/24/2025 15:11 09/24/2025 15:11:00 $3,780.00 $594.00 $4,374.00 Main Office 2025-0100257 09/25/2025 08:43 09/25/2025 08:43:00 $4,179.00 $656.70 $4,835.70 Main Office 2025-0100607 09/25/2025 14:26 09/25/2025 14:26:00 $4,900.00 $770.00 $5,670.00 Main Office 2025-0100617 09/25/2025 14:30 09/25/2025 14:30:00 $4,921.00 $773.30 $5,694.30 Main Office 2025-0100752 09/26/2025 08:27 09/26/2025 08:27:00 $3,780.00 $594.00 $4,374.00 Main Office 2025-0100792 09/26/2025 08:47 09/26/2025 08:47:00 $15,937.50 $1,402.50 $17,340.00 Main Office 2025-0100849 09/26/2025 09:09 09/26/2025 09:09:00 $3,885.00 $610.50 $4,495.50 Main Office 2025-0100930 09/26/2025 09:34 09/26/2025 09:34:00 $4,585.00 $720.50 $5,305.50 Main Office 2025-0100935 09/26/2025 09:36 09/26/2025 09:36:00 $5,404.00 $849.20 $6,253.20 Main Office 2025-0100985 09/26/2025 10:56 09/26/2025 10:56:00 $1,078.00 $169.40 $1,247.40 Main Office 2025-0101066 09/26/2025 11:45 09/26/2025 11:45:00 $2,450.00 $385.00 $2,835.00 Main Office 2025-0101128 09/26/2025 12:46 09/26/2025 12:46:00 $21.00 $3.30 $24.30 Main Office
Attachment 4 - Documentary Transfer Tax for September 2025 KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Recorder (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
10/03/2025 13:14
For Month: September 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2025-0101638 09/29/2025 13:11 09/29/2025 13:11:00 $5,600.00 $880.00 $6,480.00 Main Office 2025-0101662 09/29/2025 13:46 09/29/2025 13:46:00 $3,045.00 $478.50 $3,523.50 Main Office 2025-0101743 09/29/2025 14:37 09/29/2025 14:37:00 $6,293.00 $988.90 $7,281.90 Main Office 2025-0101814 09/30/2025 07:53 09/30/2025 07:53:00 $3,640.00 $572.00 $4,212.00 Main Office 2025-0101891 09/30/2025 08:37 09/30/2025 08:37:00 $2,996.00 $470.80 $3,466.80 Main Office 2025-0102061 09/30/2025 10:06 09/30/2025 10:06:00 $6,790.00 $1,066.45 $7,856.45 Main Office 2025-0102109 09/30/2025 10:43 09/30/2025 10:43:00 $6,370.00 $1,001.00 $7,371.00 Main Office 2025-0102114 09/30/2025 10:53 09/30/2025 10:53:00 $3,850.00 $605.00 $4,455.00 Main Office 2025-0102126 09/30/2025 11:05 09/30/2025 11:05:00 $5,677.00 $892.10 $6,569.10 Main Office 2025-0102154 09/30/2025 11:51 09/30/2025 11:51:00 $6,279.00 $986.15 $7,265.15 Main Office 2025-0102291 09/30/2025 14:22 09/30/2025 14:22:00 $3,920.00 $616.00 $4,536.00 Main Office 2025-0102342 09/30/2025 15:02 09/30/2025 15:02:00 $2,401.00 $377.30 $2,778.30 Main Office 2025-0102389 09/30/2025 15:31 09/30/2025 15:31:00 $4,620.00 $726.00 $5,346.00 Main Office 2025-0102390 09/30/2025 15:31 09/30/2025 15:31:00 $4,620.00 $726.00 $5,346.00 Main Office Total For Richmond $398,578.00 $58,799.95 $457,377.95
Attachment 4 - Documentary Transfer Tax for September 2025