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

Richmond City Council
May 5, 2026

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Attachment 4 – Documentary Transfer Tax Report for March 2026.pdf
Meeting
May 5, 2026
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Richmond City Council
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5
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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.

Documen
tary 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 $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.

Document Transfer Tax for March 2026 (Attachment 4)
Page1 of 5
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 7,258,631 380,656 398,557 479,573 371,688 537,250 249,048 365,079 1,225,231 11,265,713 $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 Document Transfer Tax for March 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
04/07/2026 11:36
For Month: March 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
For Richmond
2026-0020267 03/02/2026 11:23 03/02/2026 11:23:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0020335 03/02/2026 13:17 03/02/2026 13:17:00 $4,970.00 $781.00 $5,751.00 Main Office 2026-0020377 03/02/2026 14:30 03/02/2026 14:30:00 $3,780.00 $594.00 $4,374.00 Main Office 2026-0020965 03/03/2026 14:18 03/03/2026 14:18:00 $3,430.00 $539.00 $3,969.00 Main Office 2026-0021146 03/04/2026 07:59 03/04/2026 07:59:00 $15,062.50 $1,325.50 $16,388.00 Main Office 2026-0021344 03/04/2026 09:49 03/04/2026 09:49:00 $4,263.00 $669.90 $4,932.90 Main Office 2026-0021411 03/04/2026 11:03 03/04/2026 11:03:00 $3,360.00 $528.00 $3,888.00 Main Office 2026-0021480 03/04/2026 12:00 03/04/2026 12:00:00 $25,625.00 $2,255.00 $27,880.00 Main Office 2026-0021529 03/04/2026 12:57 03/04/2026 12:57:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0021698 03/05/2026 08:02 03/05/2026 08:02:00 $23,312.50 $2,051.50 $25,364.00 Main Office 2026-0022016 03/05/2026 12:15 03/05/2026 12:15:00 $21.00 $3.30 $24.30 Main Office 2026-0022174 03/06/2026 07:59 03/06/2026 07:59:00 $3,906.00 $613.80 $4,519.80 Main Office 2026-0022315 03/06/2026 09:15 03/06/2026 09:15:00 $510,660.00 $18,723.65 $529,383.65 Main Office 2026-0022518 03/06/2026 12:01 03/06/2026 12:01:00 $5,089.00 $799.70 $5,888.70 Main Office 2026-0022539 03/06/2026 12:52 03/06/2026 12:52:00 $5,600.00 $880.00 $6,480.00 Main Office 2026-0022598 03/06/2026 14:15 03/06/2026 14:15:00 $3,325.00 $522.50 $3,847.50 Main Office 2026-0022937 03/09/2026 12:58 03/09/2026 12:58:00 $3,535.00 $555.50 $4,090.50 Main Office 2026-0023457 03/10/2026 13:33 03/10/2026 13:33:00 $4,620.00 $726.00 $5,346.00 Main Office 2026-0023500 03/10/2026 13:59 03/10/2026 13:59:00 $4,410.00 $693.00 $5,103.00 Main Office 2026-0023541 03/10/2026 14:43 03/10/2026 14:43:00 $6,020.00 $946.00 $6,966.00 Main Office 2026-0023554 03/10/2026 14:55 03/10/2026 14:55:00 $4,613.00 $724.90 $5,337.90 Main Office 2026-0023716 03/11/2026 08:24 03/11/2026 08:24:00 $5,600.00 $880.00 $6,480.00 Main Office 2026-0023852 03/11/2026 10:22 03/11/2026 10:22:00 $4,025.00 $632.50 $4,657.50 Main Office 2026-0023920 03/11/2026 11:28 03/11/2026 11:28:00 $80,000.00 $3,520.00 $83,520.00 Main Office Document Transfer Tax for March 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
04/07/2026 11:36
For Month: March 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0023982 03/11/2026 13:10 03/11/2026 13:10:00 $2,520.00 $396.00 $2,916.00 Main Office 2026-0024062 03/11/2026 15:21 03/11/2026 15:21:00 $3,850.00 $605.00 $4,455.00 Main Office 2026-0024174 03/12/2026 09:10 03/12/2026 09:10:00 $6,650.00 $1,045.00 $7,695.00 Main Office 2026-0024830 03/13/2026 13:06 03/13/2026 13:06:00 $4,235.00 $665.50 $4,900.50 Main Office 2026-0024974 03/13/2026 15:02 03/13/2026 15:02:00 $6,895.00 $1,083.50 $7,978.50 Main Office 2026-0024996 03/13/2026 15:14 03/13/2026 15:14:00 $5,110.00 $803.00 $5,913.00 Main Office 2026-0025009 03/13/2026 15:22 03/13/2026 15:22:00 $5,845.00 $918.50 $6,763.50 Main Office 2026-0025720 03/17/2026 09:43 03/17/2026 09:43:15 $1,309.00 $205.70 $1,514.70 Main Office 2026-0025760 03/17/2026 10:39 03/17/2026 10:39:00 $4,480.00 $704.00 $5,184.00 Main Office 2026-0025762 03/17/2026 10:53 03/17/2026 10:53:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0025856 03/17/2026 12:23 03/17/2026 12:23:00 $17,500.00 $1,540.00 $19,040.00 Main Office 2026-0026006 03/17/2026 14:05 03/17/2026 14:05:00 $5,215.00 $818.95 $6,033.95 Main Office 2026-0026008 03/17/2026 14:08 03/17/2026 14:08:00 $4,165.00 $654.50 $4,819.50 Main Office 2026-0026068 03/17/2026 15:36 03/17/2026 15:36:00 $5,320.00 $836.00 $6,156.00 Main Office 2026-0026402 03/18/2026 11:16 03/18/2026 11:16:00 $5,915.00 $929.50 $6,844.50 Main Office 2026-0026673 03/19/2026 07:45 03/19/2026 07:45:00 $12,812.50 $1,127.50 $13,940.00 Main Office 2026-0027008 03/19/2026 11:21 03/19/2026 11:21:00 $2,940.00 $462.00 $3,402.00 Main Office 2026-0027635 03/20/2026 11:12 03/20/2026 11:12:00 $12,512.50 $1,101.10 $13,613.60 Main Office 2026-0028128 03/23/2026 12:26 03/23/2026 12:26:00 $6,440.00 $1,012.00 $7,452.00 Main Office 2026-0028191 03/23/2026 13:50 03/23/2026 13:50:00 $4,060.00 $638.00 $4,698.00 Main Office 2026-0028221 03/23/2026 14:31 03/23/2026 14:31:00 $5,425.00 $852.50 $6,277.50 Main Office 2026-0028272 03/23/2026 15:20 03/23/2026 15:20:00 $4,375.00 $687.50 $5,062.50 Main Office 2026-0028370 03/24/2026 08:18 03/24/2026 08:18:00 $6,426.00 $1,009.80 $7,435.80 Main Office 2026-0028503 03/24/2026 10:17 03/24/2026 10:17:00 $5,320.00 $836.00 $6,156.00 Main Office 2026-0028515 03/24/2026 10:28 03/24/2026 10:28:00 $3,430.00 $539.00 $3,969.00 Main Office 2026-0028521 03/24/2026 10:32 03/24/2026 10:32:00 $2,555.00 $401.50 $2,956.50 Main Office Document Transfer Tax for March 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
04/07/2026 11:36
For Month: March 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0028548 03/24/2026 11:12 03/24/2026 11:12:00 $4,907.00 $770.55 $5,677.55 Main Office 2026-0028661 03/24/2026 11:57 03/24/2026 11:57:00 $5,271.00 $828.30 $6,099.30 Main Office 2026-0028876 03/24/2026 15:39 03/24/2026 15:39:00 $3,262.00 $512.60 $3,774.60 Main Office 2026-0029699 03/26/2026 08:12 03/26/2026 08:12:00 $3,948.00 $620.40 $4,568.40 Main Office 2026-0030149 03/26/2026 15:17 03/26/2026 15:17:00 $4,970.00 $781.00 $5,751.00 Main Office 2026-0030152 03/26/2026 15:21 03/26/2026 15:21:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0030216 03/27/2026 08:07 03/27/2026 08:07:00 $3,080.00 $484.00 $3,564.00 Main Office 2026-0030407 03/27/2026 09:50 03/27/2026 09:50:00 $6,370.00 $1,001.00 $7,371.00 Main Office 2026-0030521 03/27/2026 11:03 03/27/2026 11:03:00 $4,200.00 $660.00 $4,860.00 Main Office 2026-0030726 03/27/2026 14:04 03/27/2026 14:04:00 $4,235.00 $665.50 $4,900.50 Main Office 2026-0031167 03/30/2026 10:18 03/30/2026 10:18:00 $3,479.00 $546.70 $4,025.70 Main Office 2026-0031205 03/30/2026 11:00 03/30/2026 11:00:00 $4,123.00 $647.90 $4,770.90 Main Office 2026-0031338 03/30/2026 12:47 03/30/2026 12:47:00 $5,208.00 $818.40 $6,026.40 Main Office 2026-0031365 03/30/2026 13:26 03/30/2026 13:26:00 $4,354.00 $684.20 $5,038.20 Main Office 2026-0031426 03/30/2026 14:05 03/30/2026 14:05:00 $6,426.00 $1,009.80 $7,435.80 Main Office 2026-0031444 03/30/2026 14:13 03/30/2026 14:13:00 $4,165.00 $654.50 $4,819.50 Main Office 2026-0031488 03/30/2026 15:10 03/30/2026 15:10:00 $2,905.00 $456.50 $3,361.50 Main Office 2026-0031659 03/31/2026 08:23 03/31/2026 08:23:00 $4,760.00 $748.00 $5,508.00 Main Office 2026-0031723 03/31/2026 08:43 03/31/2026 08:43:00 $5,285.00 $830.50 $6,115.50 Main Office 2026-0031774 03/31/2026 09:19 03/31/2026 09:19:00 $250,000.00 $11,000.00 $261,000.00 Main Office 2026-0032054 03/31/2026 12:56 03/31/2026 12:56:00 $4,893.00 $768.90 $5,661.90 Main Office 2026-0032071 03/31/2026 13:03 03/31/2026 13:03:00 $2,758.00 $433.40 $3,191.40 Main Office Total For Richmond $1,225,231.00 $86,288.95 $1,311,519.95 Document Transfer Tax for March 2026 (Attachment 4)

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