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.
Attachment 4 - Documentary Transfer Tax for May 2026
Fiscal Year July August 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 1,225,231 513,926 627,698 12,407,336 $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 May 2026
KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Phone (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
06/05/2026 09:04
For Month: May 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
For Richmond
2026-0044998 05/01/2026 08:04 05/01/2026 08:04:00 $5,425.00 $852.50 $6,277.50 Main Office 2026-0045016 05/01/2026 08:16 05/01/2026 08:16:00 $3,150.00 $495.00 $3,645.00 Main Office 2026-0045363 05/01/2026 10:55 05/01/2026 10:55:00 $6,335.00 $995.50 $7,330.50 Main Office 2026-0045365 05/01/2026 10:55 05/01/2026 10:55:00 $12,875.00 $1,133.00 $14,008.00 Main Office 2026-0045426 05/01/2026 11:52 05/01/2026 11:52:00 $3,150.00 $495.00 $3,645.00 Main Office 2026-0045503 05/01/2026 14:04 05/01/2026 14:04:00 $3,325.00 $522.50 $3,847.50 Main Office 2026-0045524 05/01/2026 14:32 05/01/2026 14:32:00 $4,900.00 $770.00 $5,670.00 Main Office 2026-0045560 05/01/2026 15:12 05/01/2026 15:12:00 $2,660.00 $418.00 $3,078.00 Main Office 2026-0045649 05/04/2026 07:54 05/04/2026 07:54:00 $2,940.00 $462.00 $3,402.00 Main Office 2026-0046192 05/04/2026 14:38 05/04/2026 14:38:00 $2,870.00 $451.00 $3,321.00 Main Office 2026-0046242 05/04/2026 15:55 05/04/2026 15:55:00 $4,935.00 $775.50 $5,710.50 Main Office 2026-0046582 05/05/2026 11:30 05/05/2026 11:30:00 $5,523.00 $867.90 $6,390.90 Main Office 2026-0046693 05/05/2026 14:25 05/05/2026 14:25:00 $3,745.00 $588.50 $4,333.50 Main Office 2026-0046753 05/06/2026 08:02 05/06/2026 08:02:00 $16,625.00 $1,463.00 $18,088.00 Main Office 2026-0047265 05/06/2026 13:11 05/06/2026 13:11:00 $5,250.00 $825.00 $6,075.00 Main Office 2026-0047268 05/06/2026 13:12 05/06/2026 13:12:00 $4,060.00 $638.00 $4,698.00 Main Office 2026-0047366 05/06/2026 15:33 05/06/2026 15:33:00 $1,750.00 $275.00 $2,025.00 Main Office 2026-0047374 05/06/2026 15:36 05/06/2026 15:36:00 $1,400.00 $220.00 $1,620.00 Main Office 2026-0047415 05/06/2026 16:08 05/06/2026 16:08:00 $2,884.00 $453.20 $3,337.20 Main Office 2026-0047642 05/07/2026 10:22 05/07/2026 10:22:42 $171,075.00 $7,527.30 $178,602.30 Main Office 2026-0047660 05/07/2026 10:31 05/07/2026 10:31:00 $5,390.00 $847.00 $6,237.00 Main Office 2026-0047921 05/07/2026 14:49 05/07/2026 14:49:00 $3,150.00 $495.00 $3,645.00 Main Office 2026-0048199 05/08/2026 10:10 05/08/2026 10:10:00 $3,325.00 $522.50 $3,847.50 Main Office 2026-0048285 05/08/2026 11:40 05/08/2026 11:40:00 $13,125.00 $1,155.00 $14,280.00 Main Office Attachment 4 - Documentary Transfer Tax for May 2026
KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Phone (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
06/05/2026 09:04
For Month: May 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0048293 05/08/2026 11:51 05/08/2026 11:51:00 $5,040.00 $792.00 $5,832.00 Main Office 2026-0048322 05/08/2026 12:23 05/08/2026 12:23:00 $15,000.00 $1,320.00 $16,320.00 Main Office 2026-0048755 05/11/2026 12:19 05/11/2026 12:19:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0049051 05/12/2026 08:46 05/12/2026 08:46:00 $5,964.00 $937.20 $6,901.20 Main Office 2026-0049293 05/12/2026 11:23 05/12/2026 11:23:00 $6,762.00 $1,062.60 $7,824.60 Main Office 2026-0050599 05/14/2026 14:33 05/14/2026 14:33:00 $5,215.00 $819.50 $6,034.50 Main Office 2026-0050720 05/14/2026 15:23 05/14/2026 15:23:00 $5,950.00 $935.00 $6,885.00 Main Office 2026-0050765 05/14/2026 16:16 05/14/2026 16:16:00 $3,675.00 $577.50 $4,252.50 Main Office 2026-0051078 05/15/2026 11:40 05/15/2026 11:40:00 $3,535.00 $555.50 $4,090.50 Main Office 2026-0051373 05/18/2026 08:46 05/18/2026 08:46:00 $2,429.00 $381.15 $2,810.15 Main Office 2026-0051673 05/18/2026 15:51 05/18/2026 15:51:00 $4,179.00 $656.70 $4,835.70 Main Office 2026-0051688 05/18/2026 16:07 05/18/2026 16:07:00 $5,383.00 $845.35 $6,228.35 Main Office 2026-0051712 05/18/2026 16:23 05/18/2026 16:23:00 $1,995.00 $313.50 $2,308.50 Main Office 2026-0051787 05/19/2026 08:30 05/19/2026 08:30:00 $5,600.00 $880.00 $6,480.00 Main Office 2026-0052012 05/19/2026 11:10 05/19/2026 11:10:00 $23,687.50 $2,084.50 $25,772.00 Main Office 2026-0052155 05/19/2026 12:57 05/19/2026 12:57:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0052168 05/19/2026 13:23 05/19/2026 13:23:00 $4,060.00 $638.00 $4,698.00 Main Office 2026-0052246 05/19/2026 14:29 05/19/2026 14:29:00 $20,000.00 $1,760.00 $21,760.00 Main Office 2026-0052277 05/19/2026 15:20 05/19/2026 15:20:00 $5,425.00 $852.50 $6,277.50 Main Office 2026-0052288 05/19/2026 15:42 05/19/2026 15:42:00 $3,451.00 $541.75 $3,992.75 Main Office 2026-0052312 05/19/2026 16:14 05/19/2026 16:14:00 $2,730.00 $429.00 $3,159.00 Main Office 2026-0052855 05/20/2026 11:16 05/20/2026 11:16:00 $5,950.00 $935.00 $6,885.00 Main Office 2026-0052891 05/20/2026 11:43 05/20/2026 11:43:00 $5,810.00 $913.00 $6,723.00 Main Office 2026-0052944 05/20/2026 12:46 05/20/2026 12:46:00 $3,710.00 $583.00 $4,293.00 Main Office 2026-0052969 05/20/2026 13:10 05/20/2026 13:10:00 $3,430.00 $539.00 $3,969.00 Main Office 2026-0053022 05/20/2026 14:21 05/20/2026 14:21:00 $3,899.00 $612.70 $4,511.70 Main Office Attachment 4 - Documentary Transfer Tax for May 2026
KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Phone (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
06/05/2026 09:04
For Month: May 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0053032 05/20/2026 14:32 05/20/2026 14:32:00 $5,250.00 $825.00 $6,075.00 Main Office 2026-0053282 05/21/2026 09:55 05/21/2026 09:55:00 $4,200.00 $660.00 $4,860.00 Main Office 2026-0053340 05/21/2026 11:11 05/21/2026 11:11:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0053359 05/21/2026 11:28 05/21/2026 11:28:00 $2,450.00 $385.00 $2,835.00 Main Office 2026-0053402 05/21/2026 12:50 05/21/2026 12:50:00 $3,850.00 $605.00 $4,455.00 Main Office 2026-0053404 05/21/2026 12:54 05/21/2026 12:54:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0053546 05/22/2026 08:29 05/22/2026 08:29:00 $5,327.00 $837.10 $6,164.10 Main Office 2026-0053625 05/22/2026 09:17 05/22/2026 09:17:00 $4,200.00 $660.00 $4,860.00 Main Office 2026-0053627 05/22/2026 09:17 05/22/2026 09:17:00 $4,725.00 $742.50 $5,467.50 Main Office 2026-0053708 05/22/2026 10:23 05/22/2026 10:23:00 $5,432.00 $853.05 $6,285.05 Main Office 2026-0053796 05/22/2026 11:46 05/22/2026 11:46:00 $6,209.00 $975.70 $7,184.70 Main Office 2026-0053838 05/22/2026 12:05 05/22/2026 12:05:00 $5,250.00 $825.00 $6,075.00 Main Office 2026-0053939 05/22/2026 15:25 05/22/2026 15:25:00 $2,905.00 $456.50 $3,361.50 Main Office 2026-0054409 05/26/2026 11:54 05/26/2026 11:54:00 $13,875.00 $1,221.00 $15,096.00 Main Office 2026-0054412 05/26/2026 11:57 05/26/2026 11:57:00 $1,792.00 $281.60 $2,073.60 Main Office 2026-0054432 05/26/2026 13:06 05/26/2026 13:06:00 $5,145.00 $808.50 $5,953.50 Main Office 2026-0054465 05/26/2026 13:30 05/26/2026 13:30:00 $2,380.00 $374.00 $2,754.00 Main Office 2026-0054537 05/26/2026 14:23 05/26/2026 14:23:00 $5,775.00 $907.50 $6,682.50 Main Office 2026-0054711 05/27/2026 08:57 05/27/2026 08:57:00 $5,600.00 $880.00 $6,480.00 Main Office 2026-0055030 05/27/2026 12:04 05/27/2026 12:04:00 $4,914.00 $772.20 $5,686.20 Main Office 2026-0055057 05/27/2026 12:27 05/27/2026 12:27:00 $6,510.00 $1,023.00 $7,533.00 Main Office 2026-0055073 05/27/2026 12:46 05/27/2026 12:46:00 $2,730.00 $429.00 $3,159.00 Main Office 2026-0055085 05/27/2026 13:06 05/27/2026 13:06:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0055192 05/27/2026 15:52 05/27/2026 15:52:00 $5,215.00 $819.50 $6,034.50 Main Office 2026-0055506 05/28/2026 11:18 05/28/2026 11:18:00 $2,765.00 $434.50 $3,199.50 Main Office 2026-0055588 05/28/2026 13:12 05/28/2026 13:12:00 $4,613.00 $724.35 $5,337.35 Main Office Attachment 4 - Documentary Transfer Tax for May 2026
KRISTIN B. CONNELLY, CLERK-RECORDER
County of Contra Costa
555 Escobar Street * Martinez, CA 94553
Phone (925) 335-7900 * Fax (925) 335-7926
Transfer Tax Monthly Detail by City
Report Date & Time
06/05/2026 09:04
For Month: May 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0055615 05/28/2026 13:49 05/28/2026 13:49:00 $5,145.00 $808.50 $5,953.50 Main Office 2026-0055617 05/28/2026 13:50 05/28/2026 13:50:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0055952 05/29/2026 08:26 05/29/2026 08:26:00 $20,450.00 $1,799.05 $22,249.05 Main Office 2026-0055973 05/29/2026 08:53 05/29/2026 08:53:00 $3,570.00 $561.00 $4,131.00 Main Office 2026-0056247 05/29/2026 11:05 05/29/2026 11:05:00 $6,300.00 $990.00 $7,290.00 Main Office 2026-0056416 05/29/2026 13:08 05/29/2026 13:08:00 $3,829.00 $601.70 $4,430.70 Main Office 2026-0056479 05/29/2026 13:53 05/29/2026 13:53:00 $868.00 $135.85 $1,003.85 Main Office 2026-0056523 05/29/2026 14:38 05/29/2026 14:38:00 $3,115.00 $489.50 $3,604.50 Main Office 2026-0056603 05/29/2026 15:43 05/29/2026 15:43:00 $3,220.00 $506.00 $3,726.00 Main Office 2026-0056616 05/29/2026 15:53 05/29/2026 15:53:00 $4,242.00 $666.60 $4,908.60 Main Office Total For Richmond $627,697.50 $69,900.05 $697,597.55
Attachment 4 - Documentary Transfer Tax for May 2026