D
ocumentary Transfer Tax
The City of Richmond receives Documentary Transfer Tax from the County for the sale of properties in Richmond. As one of the most volatile revenue stream s for the City, the a mounts received can vary month- to-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 difference 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. These few unpredictable transactions skew the monthly sales figures.
For FY2025-26, 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 properties 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 payment going back to FY2018-19 and highlights the volatility of this revenue stream. Of note are the very high payments received in certain months which are shown as significant peaks.
Attachment 4 - Documentary Transfer Tax for November 2025
Fiscal Year July Au gust September October November December January February March April May June Totals FY2018-19 498,037 508, 343 348,117 440,189 462,542 437,400 225,541 487,419 809,257 733,536 1,524,100 1,542,404 8,016,886 FY2019-20 475,202 514,221 489,633 581,608 406,167 676,059 2,578,200 344,488 460,000 1,345,764 444,160 406,756 8,722,257 FY2020-21 1,464,754 529,696 5,088,852 508,011 2,522,185 883,461 569,095 357,803 621,601 4,312,603 2,130,037 878,737 19,866,835 FY2021-22 784,937 642,394 3,405,874 1,620,476 689,214 701,028 419,082 944,682 3,047,276 926,132 1,675,993 3,755,021 18,612,107 FY2022-23 1,086,045 520,354 517,718 580,839 1,250,243 785,993 682,509 244,636 2,034,519 970,348 1,253,543 490,102 10,416,847 FY2023-24 465,705 425,650 368,966 507,066 1,357,082 407,488 356,203 336,787 439,035 582,710 627,785 2,726,059 8,600,534 FY2024-25 3,353,340 420,135 424,251 4,394,236 1,791,677 448,977 273,946 412,343 486,190 339,108 611,460 538,589 13,494,250 FY2025-26 7,258,631 380,656 398,557 479,573 371,688 8,889,105 $0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
July August September October November December Jan uary February March April May June City of Richmond - Documentary Transfer Tax
FY2018-19 FY2019-20 FY2020-21 FY2021-22 FY2022-23 FY2023-24 FY2024-25 FY2025-26 Attachment 4 - Documentary Transfer Tax for November 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
12/05/2025 09:36
For Month: November 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
For Richmond
2025-0123849 11/03/2025 11:13 11/03/2025 11:13:00 $1,400.00 $220.00 $1,620.00 Main Office 2025-0123953 11/03/2025 13:34 11/03/2025 13:34:00 $4,970.00 $781.00 $5,751.00 Main Office 2025-0124370 11/04/2025 10:21 11/04/2025 10:21:00 $3,332.00 $523.05 $3,855.05 Main Office 2025-0124391 11/04/2025 10:48 11/04/2025 10:48:00 $5,250.00 $825.00 $6,075.00 Main Office 2025-0124402 11/04/2025 11:07 11/04/2025 11:07:00 $2,625.00 $412.50 $3,037.50 Main Office 2025-0124514 11/04/2025 12:38 11/04/2025 12:38:00 $5,040.00 $792.00 $5,832.00 Main Office 2025-0124906 11/05/2025 10:46 11/05/2025 10:46:00 $4,396.00 $690.80 $5,086.80 Main Office 2025-0124921 11/05/2025 11:01 11/05/2025 11:01:00 $5,950.00 $935.00 $6,885.00 Main Office 2025-0124928 11/05/2025 11:11 11/05/2025 11:11:00 $13,562.50 $1,193.50 $14,756.00 Main Office 2025-0124935 11/05/2025 11:18 11/05/2025 11:18:00 $16,375.00 $1,441.00 $17,816.00 Main Office 2025-0125153 11/05/2025 14:10 11/05/2025 14:10:00 $3,640.00 $572.00 $4,212.00 Main Office 2025-0125210 11/05/2025 14:43 11/05/2025 14:43:00 $3,388.00 $531.85 $3,919.85 Main Office 2025-0125288 11/05/2025 16:31 11/05/2025 16:31:00 $4,200.00 $660.00 $4,860.00 Main Office 2025-0125635 11/06/2025 15:39 11/06/2025 15:39:00 $5,145.00 $808.50 $5,953.50 Main Office 2025-0125855 11/07/2025 09:08 11/07/2025 09:08:00 $6,244.00 $981.20 $7,225.20 Main Office 2025-0125982 11/07/2025 11:50 11/07/2025 11:50:00 $2,450.00 $385.00 $2,835.00 Main Office 2025-0125986 11/07/2025 11:51 11/07/2025 11:51:00 $6,993.00 $1,098.90 $8,091.90 Main Office 2025-0126021 11/07/2025 12:32 11/07/2025 12:32:00 $5,810.00 $913.00 $6,723.00 Main Office 2025-0126032 11/07/2025 12:58 11/07/2025 12:58:00 $3,850.00 $605.00 $4,455.00 Main Office 2025-0126040 11/07/2025 13:20 11/07/2025 13:20:00 $3,500.00 $550.00 $4,050.00 Main Office 2025-0126518 11/10/2025 13:39 11/10/2025 13:39:00 $3,990.00 $627.00 $4,617.00 Main Office 2025-0126619 11/10/2025 15:08 11/10/2025 15:08:00 $3,185.00 $500.50 $3,685.50 Main Office 2025-0127033 11/13/2025 08:21 11/13/2025 08:21:00 $5,005.00 $786.50 $5,791.50 Main Office 2025-0127256 11/13/2025 10:27 11/13/2025 10:27:00 $2,905.00 $456.50 $3,361.50 Main Office Attachment 4 - Documentary Transfer Tax for November 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
12/05/2025 09:36
For Month: November 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2025-0127771 11/13/2025 14:54 11/13/2025 14:54:00 $3,710.00 $583.00 $4,293.00 Main Office 2025-0127970 11/14/2025 08:12 11/14/2025 08:12:00 $4,165.00 $654.50 $4,819.50 Main Office 2025-0128524 11/14/2025 14:22 11/14/2025 14:22:00 $4,305.00 $676.50 $4,981.50 Main Office 2025-0128574 11/14/2025 14:47 11/14/2025 14:47:00 $5,985.00 $940.50 $6,925.50 Main Office 2025-0128593 11/14/2025 14:56 11/14/2025 14:56:00 $5,425.00 $852.50 $6,277.50 Main Office 2025-0128641 11/14/2025 15:42 11/14/2025 15:42:00 $6,916.00 $1,086.80 $8,002.80 Main Office 2025-0128654 11/14/2025 16:00 11/14/2025 16:00:00 $5,390.00 $847.00 $6,237.00 Main Office 2025-0128698 11/14/2025 16:27 11/14/2025 16:27:00 $15,450.00 $1,359.60 $16,809.60 Main Office 2025-0129082 11/17/2025 12:32 11/17/2025 12:32:00 $3,920.00 $616.00 $4,536.00 Main Office 2025-0129089 11/17/2025 12:35 11/17/2025 12:35:00 $13,625.00 $1,199.00 $14,824.00 Main Office 2025-0129154 11/17/2025 14:40 11/17/2025 14:40:00 $6,335.00 $995.50 $7,330.50 Main Office 2025-0129234 11/17/2025 16:13 11/17/2025 16:13:00 $3,185.00 $500.50 $3,685.50 Main Office 2025-0129443 11/18/2025 10:17 11/18/2025 10:17:00 $3,794.00 $596.20 $4,390.20 Main Office 2025-0129548 11/18/2025 11:56 11/18/2025 11:56:00 $2,870.00 $451.00 $3,321.00 Main Office 2025-0129682 11/18/2025 14:37 11/18/2025 14:37:00 $3,815.00 $599.50 $4,414.50 Main Office 2025-0129918 11/19/2025 09:02 11/19/2025 09:02:00 $5,355.00 $841.50 $6,196.50 Main Office 2025-0130285 11/19/2025 12:44 11/19/2025 12:44:00 $2,835.00 $445.50 $3,280.50 Main Office 2025-0130411 11/19/2025 14:35 11/19/2025 14:35:00 $3,451.00 $542.30 $3,993.30 Main Office 2025-0130459 11/19/2025 15:40 11/19/2025 15:40:00 $3,605.00 $566.50 $4,171.50 Main Office 2025-0130589 11/20/2025 09:45 11/20/2025 09:45:00 $3,080.00 $484.00 $3,564.00 Main Office 2025-0130984 11/20/2025 14:42 11/20/2025 14:42:00 $5,075.00 $797.50 $5,872.50 Main Office 2025-0131201 11/21/2025 09:42 11/21/2025 09:42:00 $5,782.00 $908.60 $6,690.60 Main Office 2025-0131206 11/21/2025 09:44 11/21/2025 09:44:00 $6,650.00 $1,045.00 $7,695.00 Main Office 2025-0131573 11/21/2025 14:59 11/21/2025 14:59:00 $1,043.00 $163.35 $1,206.35 Main Office 2025-0131934 11/24/2025 11:21 11/24/2025 11:21:00 $3,234.00 $507.65 $3,741.65 Main Office 2025-0131953 11/24/2025 11:33 11/24/2025 11:33:00 $2,331.00 $366.30 $2,697.30 Main Office Attachment 4 - Documentary Transfer Tax for November 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
12/05/2025 09:36
For Month: November 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2025-0131977 11/24/2025 12:08 11/24/2025 12:08:00 $3,976.00 $624.25 $4,600.25 Main Office 2025-0132009 11/24/2025 12:54 11/24/2025 12:54:00 $4,270.00 $671.00 $4,941.00 Main Office 2025-0132098 11/24/2025 14:42 11/24/2025 14:42:00 $4,515.00 $709.50 $5,224.50 Main Office 2025-0132178 11/25/2025 07:56 11/25/2025 07:56:00 $14,250.00 $1,254.00 $15,504.00 Main Office 2025-0132296 11/25/2025 08:42 11/25/2025 08:42:00 $2,660.00 $418.00 $3,078.00 Main Office 2025-0132528 11/25/2025 10:05 11/25/2025 10:05:00 $5,180.00 $814.00 $5,994.00 Main Office 2025-0132674 11/25/2025 11:52 11/25/2025 11:52:00 $5,950.00 $935.00 $6,885.00 Main Office 2025-0132712 11/25/2025 12:25 11/25/2025 12:25:00 $4,410.00 $693.00 $5,103.00 Main Office 2025-0132720 11/25/2025 12:35 11/25/2025 12:35:00 $4,655.00 $731.50 $5,386.50 Main Office 2025-0132797 11/25/2025 13:22 11/25/2025 13:22:00 $12,587.50 $1,107.70 $13,695.20 Main Office 2025-0132834 11/25/2025 14:11 11/25/2025 14:11:00 $3,640.00 $572.00 $4,212.00 Main Office 2025-0132909 11/25/2025 15:17 11/25/2025 15:17:00 $1,435.00 $225.50 $1,660.50 Main Office 2025-0133009 11/26/2025 08:37 11/26/2025 08:37:00 $4,165.00 $654.50 $4,819.50 Main Office 2025-0133187 11/26/2025 09:51 11/26/2025 09:51:00 $5,775.00 $907.50 $6,682.50 Main Office 2025-0133374 11/26/2025 11:14 11/26/2025 11:14:00 $4,340.00 $682.00 $5,022.00 Main Office 2025-0133515 11/26/2025 12:08 11/26/2025 12:08:00 $2,387.00 $375.10 $2,762.10 Main Office 2025-0133534 11/26/2025 12:25 11/26/2025 12:25:00 $4,620.00 $726.00 $5,346.00 Main Office 2025-0133550 11/26/2025 12:39 11/26/2025 12:39:00 $4,900.00 $770.00 $5,670.00 Main Office 2025-0133629 11/26/2025 13:47 11/26/2025 13:47:00 $3,360.00 $528.00 $3,888.00 Main Office 2025-0133633 11/26/2025 13:50 11/26/2025 13:50:00 $4,550.00 $715.00 $5,265.00 Main Office 2025-0133661 11/26/2025 14:31 11/26/2025 14:31:00 $2,786.00 $437.80 $3,223.80 Main Office 2025-0133691 11/26/2025 14:43 11/26/2025 14:43:00 $5,040.00 $792.00 $5,832.00 Main Office 2025-0133714 11/26/2025 14:56 11/26/2025 14:56:00 $4,795.00 $753.50 $5,548.50 Main Office Attachment 4 - Documentary Transfer Tax for November 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
12/05/2025 09:36
For Month: November 2025
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2025-0133784 11/26/2025 15:52 11/26/2025 15:52:00 $2,905.00 $456.50 $3,361.50 Main Office Total For Richmond $371,688.00 $52,469.45 $424,157.45
Attachment 4 - Documentary Transfer Tax for November 2025