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

Richmond City Council
April 7, 2026

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Attachment 4 – Documentary Transfer Tax Report for February 2026.pdf
Meeting
April 7, 2026
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Richmond City Council
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6
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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 February 2026 (Attachment 4)

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Fiscal Year July Aug ust 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 7,258,631 380,656 398,557 479,573 371,688 537,250 249,048 365,079 10,040,482 $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 February 2026 (Attachment 4)

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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
03/06/2026 11:22
For Month: February 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
For Richmond
2026-0010497 02/02/2026 15:18 02/02/2026 15:18:00 $3,598.00 $565.40 $4,163.40 Main Office 2026-0010781 02/03/2026 11:43 02/03/2026 11:43:00 $2,240.00 $352.00 $2,592.00 Main Office 2026-0010964 02/04/2026 07:56 02/04/2026 07:56:00 $4,760.00 $748.00 $5,508.00 Main Office 2026-0011225 02/04/2026 09:39 02/04/2026 09:39:00 $4,725.00 $742.50 $5,467.50 Main Office 2026-0011234 02/04/2026 10:09 02/04/2026 10:09:00 $4,725.00 $742.50 $5,467.50 Main Office 2026-0011421 02/04/2026 15:52 02/04/2026 15:52:00 $2,695.00 $423.50 $3,118.50 Main Office 2026-0011795 02/05/2026 12:41 02/05/2026 12:41:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0011898 02/05/2026 15:25 02/05/2026 15:25:00 $4,340.00 $682.00 $5,022.00 Main Office 2026-0012186 02/06/2026 11:36 02/06/2026 11:36:00 $1,925.00 $302.50 $2,227.50 Main Office 2026-0012198 02/06/2026 11:55 02/06/2026 11:55:00 $3,185.00 $500.50 $3,685.50 Main Office 2026-0012202 02/06/2026 11:57 02/06/2026 11:57:00 $3,640.00 $572.00 $4,212.00 Main Office 2026-0012276 02/06/2026 13:39 02/06/2026 13:39:00 $5,285.00 $830.50 $6,115.50 Main Office 2026-0012454 02/09/2026 08:54 02/09/2026 08:54:00 $5,600.00 $880.00 $6,480.00 Main Office 2026-0012475 02/09/2026 09:09 02/09/2026 09:09:00 $2,905.00 $456.50 $3,361.50 Main Office 2026-0012477 02/09/2026 09:10 02/09/2026 09:10:00 $5,250.00 $825.00 $6,075.00 Main Office 2026-0012613 02/09/2026 12:32 02/09/2026 12:32:00 $4,634.00 $728.20 $5,362.20 Main Office 2026-0013073 02/10/2026 10:35 02/10/2026 10:35:00 $13,562.50 $1,193.50 $14,756.00 Main Office 2026-0013271 02/10/2026 14:12 02/10/2026 14:12:00 $3,990.00 $627.00 $4,617.00 Main Office 2026-0013296 02/10/2026 15:15 02/10/2026 15:15:00 $4,025.00 $632.50 $4,657.50 Main Office 2026-0013545 02/11/2026 08:58 02/11/2026 08:58:00 $4,410.00 $693.00 $5,103.00 Main Office 2026-0013646 02/11/2026 10:02 02/11/2026 10:02:00 $6,293.00 $988.90 $7,281.90 Main Office 2026-0013676 02/11/2026 10:38 02/11/2026 10:38:00 $6,510.00 $1,023.00 $7,533.00 Main Office 2026-0013688 02/11/2026 10:55 02/11/2026 10:55:00 $4,319.00 $678.15 $4,997.15 Main Office 2026-0013774 02/11/2026 12:04 02/11/2026 12:04:00 $5,740.00 $902.00 $6,642.00 Main Office Documentary Transfer Tax for February 2026 (Attachment 4)

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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
03/06/2026 11:22
For Month: February 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0013911 02/12/2026 07:56 02/12/2026 07:56:00 $14,062.50 $1,237.50 $15,300.00 Main Office 2026-0013915 02/12/2026 08:04 02/12/2026 08:04:00 $5,593.00 $878.35 $6,471.35 Main Office 2026-0013982 02/12/2026 08:46 02/12/2026 08:46:00 $6,657.00 $1,045.55 $7,702.55 Main Office 2026-0014275 02/12/2026 12:34 02/12/2026 12:34:00 $3,220.00 $506.00 $3,726.00 Main Office 2026-0014475 02/13/2026 08:07 02/13/2026 08:07:00 $5,320.00 $836.00 $6,156.00 Main Office 2026-0014538 02/13/2026 08:42 02/13/2026 08:42:00 $5,530.00 $869.00 $6,399.00 Main Office 2026-0014643 02/13/2026 09:59 02/13/2026 09:59:00 $5,250.00 $825.00 $6,075.00 Main Office 2026-0014774 02/13/2026 12:09 02/13/2026 12:09:00 $4,025.00 $632.50 $4,657.50 Main Office 2026-0014779 02/13/2026 12:12 02/13/2026 12:12:00 $3,220.00 $506.00 $3,726.00 Main Office 2026-0014923 02/17/2026 07:56 02/17/2026 07:56:00 $2,240.00 $352.00 $2,592.00 Main Office 2026-0015294 02/17/2026 13:12 02/17/2026 13:12:00 $3,031.00 $475.75 $3,506.75 Main Office 2026-0015361 02/17/2026 13:57 02/17/2026 13:57:00 $2,443.00 $383.35 $2,826.35 Main Office 2026-0015362 02/17/2026 13:57 02/17/2026 13:57:00 $3,010.00 $473.00 $3,483.00 Main Office 2026-0015397 02/17/2026 14:27 02/17/2026 14:27:00 $4,445.00 $698.50 $5,143.50 Main Office 2026-0015426 02/17/2026 14:43 02/17/2026 14:43:00 $3,395.00 $533.50 $3,928.50 Main Office 2026-0015433 02/17/2026 14:50 02/17/2026 14:50:00 $4,900.00 $770.00 $5,670.00 Main Office 2026-0015490 02/17/2026 16:03 02/17/2026 16:03:00 $2,065.00 $324.50 $2,389.50 Main Office 2026-0015505 02/17/2026 16:12 02/17/2026 16:12:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0015659 02/18/2026 08:55 02/18/2026 08:55:00 $5,005.00 $786.50 $5,791.50 Main Office 2026-0015767 02/18/2026 09:50 02/18/2026 09:50:00 $6,265.00 $984.50 $7,249.50 Main Office 2026-0015985 02/18/2026 11:39 02/18/2026 11:39:00 $4,795.00 $753.50 $5,548.50 Main Office 2026-0015991 02/18/2026 11:45 02/18/2026 11:45:00 $5,320.00 $836.00 $6,156.00 Main Office 2026-0016224 02/18/2026 14:40 02/18/2026 14:40:00 $4,025.00 $632.50 $4,657.50 Main Office 2026-0016261 02/18/2026 15:05 02/18/2026 15:05:00 $5,705.00 $896.50 $6,601.50 Main Office 2026-0016598 02/19/2026 11:37 02/19/2026 11:37:00 $5,180.00 $814.00 $5,994.00 Main Office 2026-0016625 02/19/2026 12:09 02/19/2026 12:09:00 $4,060.00 $638.00 $4,698.00 Main Office Documentary Transfer Tax for February 2026 (Attachment 4)

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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
03/06/2026 11:22
For Month: February 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0016725 02/19/2026 14:21 02/19/2026 14:21:00 $3,045.00 $478.50 $3,523.50 Main Office 2026-0016744 02/19/2026 14:54 02/19/2026 14:54:00 $4,536.00 $712.80 $5,248.80 Main Office 2026-0016858 02/20/2026 07:43 02/20/2026 07:43:00 $6,440.00 $1,012.00 $7,452.00 Main Office 2026-0016961 02/20/2026 08:58 02/20/2026 08:58:00 $3,395.00 $533.50 $3,928.50 Main Office 2026-0016975 02/20/2026 09:07 02/20/2026 09:07:00 $5,075.00 $797.50 $5,872.50 Main Office 2026-0016989 02/20/2026 09:18 02/20/2026 09:18:00 $3,675.00 $577.50 $4,252.50 Main Office 2026-0017152 02/20/2026 12:02 02/20/2026 12:02:00 $4,235.00 $665.50 $4,900.50 Main Office 2026-0017547 02/23/2026 10:22 02/23/2026 10:22:00 $3,101.00 $486.75 $3,587.75 Main Office 2026-0017582 02/23/2026 10:50 02/23/2026 10:50:00 $6,286.00 $987.80 $7,273.80 Main Office 2026-0017691 02/23/2026 11:42 02/23/2026 11:42:00 $4,305.00 $676.50 $4,981.50 Main Office 2026-0017711 02/23/2026 12:22 02/23/2026 12:22:00 $4,011.00 $630.30 $4,641.30 Main Office 2026-0017778 02/23/2026 13:53 02/23/2026 13:53:00 $2,800.00 $440.00 $3,240.00 Main Office 2026-0017999 02/24/2026 09:17 02/24/2026 09:17:00 $5,726.00 $899.80 $6,625.80 Main Office 2026-0018228 02/24/2026 11:48 02/24/2026 11:48:00 $2,275.00 $357.50 $2,632.50 Main Office 2026-0018251 02/24/2026 12:17 02/24/2026 12:17:00 $5,250.00 $825.00 $6,075.00 Main Office 2026-0018297 02/24/2026 13:38 02/24/2026 13:38:00 $1,400.00 $220.00 $1,620.00 Main Office 2026-0018600 02/25/2026 08:55 02/25/2026 08:55:00 $6,265.00 $984.50 $7,249.50 Main Office 2026-0019082 02/26/2026 10:08 02/26/2026 10:08:00 $13,187.50 $1,160.50 $14,348.00 Main Office 2026-0019182 02/26/2026 11:56 02/26/2026 11:56:00 $2,009.00 $315.70 $2,324.70 Main Office 2026-0019531 02/27/2026 08:52 02/27/2026 08:52:00 $3,360.00 $528.00 $3,888.00 Main Office 2026-0019697 02/27/2026 11:21 02/27/2026 11:21:00 $6,160.00 $968.00 $7,128.00 Main Office 2026-0019751 02/27/2026 12:00 02/27/2026 12:00:00 $4,466.00 $701.80 $5,167.80 Main Office 2026-0019755 02/27/2026 12:04 02/27/2026 12:04:00 $2,870.00 $451.00 $3,321.00 Main Office 2026-0019788 02/27/2026 12:32 02/27/2026 12:32:00 $3,976.00 $624.80 $4,600.80 Main Office 2026-0019830 02/27/2026 13:33 02/27/2026 13:33:00 $3,892.00 $611.05 $4,503.05 Main Office 2026-0019884 02/27/2026 14:12 02/27/2026 14:12:00 $5,670.00 $891.00 $6,561.00 Main Office Documentary Transfer Tax for February 2026 (Attachment 4)

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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
03/06/2026 11:22
For Month: February 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0019984 02/27/2026 15:52 02/27/2026 15:52:00 $12,500.00 $1,100.00 $13,600.00 Main Office Total For Richmond $365,078.50 $53,679.45 $418,757.95
Documentary Transfer Tax for February 2026 (Attachment 4)

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