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Attachment 4 – Documentary Transfer Tax Report for January 2026.pdf

Richmond City Council
March 17, 2026

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Attachment 4 – Documentary Transfer Tax Report for January 2026.pdf
Meeting
March 17, 2026
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Richmond City Council
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Text extracted from the city's file for reading and search. Open the original on pub-richmond.escribemeetings.com. That file is the official record.

D
ocumentary Transfer Tax
The C
ity 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 $250 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.

Documentary Transfer Tax for January 2026 (Attachment 4) Fiscal Year July Augu st 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 7,258,631 380,656 398,557 479,573 371,688 537,250 249,048 9,675,403 $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 Documentary Transfer Tax for January 2026 (Attachment 4) 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
02/05/2026 18:57
For Month: January 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
For Richmond
2026-0000062 01/02/2026 08:46 01/02/2026 08:46:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0000996 01/06/2026 08:01 01/06/2026 08:01:00 $3,626.00 $569.80 $4,195.80 Main Office 2026-0001286 01/06/2026 10:54 01/06/2026 10:54:00 $4,403.00 $691.90 $5,094.90 Main Office 2026-0001895 01/07/2026 12:57 01/07/2026 12:57:00 $4,165.00 $654.50 $4,819.50 Main Office 2026-0001914 01/07/2026 13:44 01/07/2026 13:44:00 $21,062.50 $1,853.50 $22,916.00 Main Office 2026-0002004 01/08/2026 08:09 01/08/2026 08:09:00 $6,503.00 $1,021.90 $7,524.90 Main Office 2026-0002281 01/08/2026 13:14 01/08/2026 13:14:00 $4,095.00 $643.50 $4,738.50 Main Office 2026-0002716 01/09/2026 13:51 01/09/2026 13:51:00 $5,950.00 $935.00 $6,885.00 Main Office 2026-0003160 01/12/2026 13:42 01/12/2026 13:42:00 $3,843.00 $603.35 $4,446.35 Main Office 2026-0003181 01/12/2026 14:19 01/12/2026 14:19:00 $6,860.00 $1,078.00 $7,938.00 Main Office 2026-0003743 01/13/2026 12:24 01/13/2026 12:24:00 $5,145.00 $808.50 $5,953.50 Main Office 2026-0003906 01/13/2026 15:10 01/13/2026 15:10:00 $2,534.00 $398.20 $2,932.20 Main Office 2026-0003946 01/13/2026 16:06 01/13/2026 16:06:00 $2,345.00 $368.50 $2,713.50 Main Office 2026-0004423 01/14/2026 14:51 01/14/2026 14:51:00 $4,900.00 $770.00 $5,670.00 Main Office 2026-0005280 01/16/2026 14:06 01/16/2026 14:06:00 $5,075.00 $797.50 $5,872.50 Main Office 2026-0005335 01/16/2026 15:26 01/16/2026 15:26:00 $13,750.00 $1,210.00 $14,960.00 Main Office 2026-0005538 01/20/2026 11:17 01/20/2026 11:17:00 $5,950.00 $935.00 $6,885.00 Main Office 2026-0006482 01/21/2026 12:12 01/21/2026 12:12:00 $5,355.00 $841.50 $6,196.50 Main Office 2026-0006519 01/21/2026 13:22 01/21/2026 13:22:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0006600 01/21/2026 14:32 01/21/2026 14:32:00 $6,545.00 $1,028.50 $7,573.50 Main Office 2026-0006916 01/22/2026 09:41 01/22/2026 09:41:00 $4,179.00 $656.70 $4,835.70 Main Office 2026-0007196 01/22/2026 15:55 01/22/2026 15:55:00 $3,850.00 $605.00 $4,455.00 Main Office 2026-0007295 01/23/2026 08:37 01/23/2026 08:37:00 $4,081.00 $640.75 $4,721.75 Main Office 2026-0007299 01/23/2026 08:38 01/23/2026 08:38:00 $5,943.00 $933.90 $6,876.90 Main Office Documentary Transfer Tax for January 2026 (Attachment 4) 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
02/05/2026 18:57
For Month: January 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0007301 01/23/2026 08:41 01/23/2026 08:41:00 $6,475.00 $1,017.50 $7,492.50 Main Office 2026-0007735 01/23/2026 16:04 01/23/2026 16:04:00 $3,150.00 $495.00 $3,645.00 Main Office 2026-0008104 01/26/2026 14:32 01/26/2026 14:32:00 $4,480.00 $704.00 $5,184.00 Main Office 2026-0008188 01/26/2026 15:59 01/26/2026 15:59:00 $3,850.00 $605.00 $4,455.00 Main Office 2026-0008253 01/27/2026 08:24 01/27/2026 08:24:00 $2,114.00 $331.65 $2,445.65 Main Office 2026-0008285 01/27/2026 09:20 01/27/2026 09:20:00 $3,605.00 $566.50 $4,171.50 Main Office 2026-0008347 01/27/2026 10:55 01/27/2026 10:55:00 $3,675.00 $577.50 $4,252.50 Main Office 2026-0008572 01/27/2026 13:51 01/27/2026 13:51:00 $3,850.00 $604.45 $4,454.45 Main Office 2026-0008997 01/28/2026 12:27 01/28/2026 12:27:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0009003 01/28/2026 12:30 01/28/2026 12:30:00 $4,655.00 $731.50 $5,386.50 Main Office 2026-0009185 01/29/2026 08:23 01/29/2026 08:23:00 $3,220.00 $506.00 $3,726.00 Main Office 2026-0009324 01/29/2026 10:28 01/29/2026 10:28:00 $4,900.00 $770.00 $5,670.00 Main Office 2026-0009429 01/29/2026 12:40 01/29/2026 12:40:00 $4,410.00 $693.00 $5,103.00 Main Office 2026-0009486 01/29/2026 14:38 01/29/2026 14:38:00 $2,275.00 $357.50 $2,632.50 Main Office 2026-0009557 01/30/2026 08:12 01/30/2026 08:12:00 $3,290.00 $517.00 $3,807.00 Main Office 2026-0009658 01/30/2026 09:13 01/30/2026 09:13:00 $6,650.00 $1,045.00 $7,695.00 Main Office 2026-0009733 01/30/2026 10:21 01/30/2026 10:21:00 $20,937.50 $1,842.50 $22,780.00 Main Office 2026-0009935 01/30/2026 12:55 01/30/2026 12:55:00 $4,200.00 $660.00 $4,860.00 Main Office 2026-0009993 01/30/2026 14:34 01/30/2026 14:34:00 $5,901.00 $927.30 $6,828.30 Main Office 2026-0010038 01/30/2026 15:24 01/30/2026 15:24:00 $5,271.00 $828.30 $6,099.30 Main Office 2026-0010049 01/30/2026 15:37 01/30/2026 15:37:00 $4,095.00 $643.50 $4,738.50 Main Office 2026-0010060 01/30/2026 15:57 01/30/2026 15:57:00 $5,285.00 $830.50 $6,115.50 Main Office Total For Richmond $249,048.00 $35,279.20 $284,327.20
Documentary Transfer Tax for January 2026 (Attachment 4)

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