Documentary 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 streams for the City, the amounts 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 and received $12.8 million, equating to a difference of $812 thousand.
For FY2026-27, the City budgeted $13.4 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 August 2026 Page 1 of 5 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 1,225,231 513,926 627,698 451,532 12,858,868 FY2026-27 365,157 271,613 636,770
$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 January 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 FY2026-27 Attachment 4 - Documentary Transfer Tax for August 2026 Page 2 of 5 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
09/08/2026 10:34
For Month: August 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
For Richmond
2026-0081010 08/03/2026 10:19 08/03/2026 10:19:00 $5,740.00 $902.00 $6,642.00 Main Office 2026-0081276 08/03/2026 15:31 08/03/2026 15:31:00 $3,710.00 $583.00 $4,293.00 Main Office 2026-0081360 08/04/2026 09:08 08/04/2026 09:08:00 $5,040.00 $792.00 $5,832.00 Main Office 2026-0081714 08/04/2026 13:32 08/04/2026 13:32:00 $2,912.00 $457.60 $3,369.60 Main Office 2026-0081758 08/04/2026 14:01 08/04/2026 14:01:00 $3,850.00 $605.00 $4,455.00 Main Office 2026-0082316 08/05/2026 13:48 08/05/2026 13:48:00 $3,724.00 $585.20 $4,309.20 Main Office 2026-0082618 08/06/2026 11:20 08/06/2026 11:20:00 $3,850.00 $605.00 $4,455.00 Main Office 2026-0082721 08/06/2026 13:01 08/06/2026 13:01:00 $3,983.00 $625.90 $4,608.90 Main Office 2026-0082883 08/07/2026 08:13 08/07/2026 08:13:00 $2,618.00 $411.40 $3,029.40 Main Office 2026-0083119 08/07/2026 10:37 08/07/2026 10:37:00 $3,290.00 $517.00 $3,807.00 Main Office 2026-0083218 08/07/2026 11:47 08/07/2026 11:47:00 $5,425.00 $852.50 $6,277.50 Main Office 2026-0083395 08/07/2026 14:48 08/07/2026 14:48:00 $2,590.00 $407.00 $2,997.00 Main Office 2026-0083422 08/07/2026 15:16 08/07/2026 15:16:00 $4,410.00 $693.00 $5,103.00 Main Office 2026-0083444 08/07/2026 16:04 08/07/2026 16:04:00 $2,380.00 $374.00 $2,754.00 Main Office 2026-0083989 08/11/2026 08:20 08/11/2026 08:20:00 $665.00 $104.50 $769.50 Main Office 2026-0084039 08/11/2026 09:05 08/11/2026 09:05:00 $3,115.00 $489.50 $3,604.50 Main Office 2026-0084352 08/11/2026 14:00 08/11/2026 14:00:00 $2,380.00 $374.00 $2,754.00 Main Office 2026-0084359 08/11/2026 14:06 08/11/2026 14:06:00 $2,583.00 $405.90 $2,988.90 Main Office 2026-0084753 08/12/2026 09:27 08/12/2026 09:27:00 $2,037.00 $319.55 $2,356.55 Main Office 2026-0084896 08/12/2026 13:30 08/12/2026 13:30:00 $6,510.00 $1,023.00 $7,533.00 Main Office 2026-0084977 08/12/2026 14:02 08/12/2026 14:02:00 $5,110.00 $803.00 $5,913.00 Main Office 2026-0085012 08/12/2026 14:32 08/12/2026 14:32:00 $70.00 $11.00 $81.00 Main Office 2026-0085197 08/13/2026 08:46 08/13/2026 08:46:00 $3,500.00 $550.00 $4,050.00 Main Office 2026-0085262 08/13/2026 10:07 08/13/2026 10:07:00 $5,460.00 $858.00 $6,318.00 Main Office Attachment 4 - Documentary Transfer Tax for August 2026 Page 3 of 5 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
09/08/2026 10:34
For Month: August 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0085394 08/13/2026 11:35 08/13/2026 11:35:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0085594 08/13/2026 16:11 08/13/2026 16:11:00 $2,240.00 $352.00 $2,592.00 Main Office 2026-0085610 08/14/2026 07:58 08/14/2026 07:58:00 $2,800.00 $440.00 $3,240.00 Main Office 2026-0085811 08/14/2026 10:40 08/14/2026 10:40:00 $4,900.00 $770.00 $5,670.00 Main Office 2026-0086041 08/14/2026 15:12 08/14/2026 15:12:00 $13,750.00 $1,210.00 $14,960.00 Main Office 2026-0086382 08/17/2026 11:31 08/17/2026 11:31:00 $2,730.00 $429.00 $3,159.00 Main Office 2026-0086443 08/17/2026 12:31 08/17/2026 12:31:00 $3,605.00 $566.50 $4,171.50 Main Office 2026-0086459 08/17/2026 12:52 08/17/2026 12:52:00 $2,625.00 $412.50 $3,037.50 Main Office 2026-0086560 08/17/2026 14:48 08/17/2026 14:48:00 $3,395.00 $533.50 $3,928.50 Main Office 2026-0086660 08/18/2026 08:13 08/18/2026 08:13:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0086920 08/18/2026 10:57 08/18/2026 10:57:00 $5,250.00 $825.00 $6,075.00 Main Office 2026-0087538 08/19/2026 12:35 08/19/2026 12:35:00 $4,200.00 $660.00 $4,860.00 Main Office 2026-0088338 08/21/2026 08:11 08/21/2026 08:11:00 $2,380.00 $374.00 $2,754.00 Main Office 2026-0088547 08/21/2026 10:44 08/21/2026 10:44:00 $3,479.00 $546.70 $4,025.70 Main Office 2026-0088553 08/21/2026 10:55 08/21/2026 10:55:00 $3,178.00 $499.40 $3,677.40 Main Office 2026-0088555 08/21/2026 11:00 08/21/2026 11:00:00 $3,696.00 $580.80 $4,276.80 Main Office 2026-0088703 08/21/2026 12:57 08/21/2026 12:57:00 $1,967.00 $308.55 $2,275.55 Main Office 2026-0089266 08/24/2026 13:37 08/24/2026 13:37:00 $4,550.00 $715.00 $5,265.00 Main Office 2026-0089576 08/25/2026 09:27 08/25/2026 09:27:00 $4,060.00 $638.00 $4,698.00 Main Office 2026-0089603 08/25/2026 10:36 08/25/2026 10:36:00 $5,474.00 $860.20 $6,334.20 Main Office 2026-0090232 08/26/2026 09:51 08/26/2026 09:51:00 $2,905.00 $456.50 $3,361.50 Main Office 2026-0090366 08/26/2026 11:50 08/26/2026 11:50:00 $2,891.00 $454.30 $3,345.30 Main Office 2026-0090722 08/27/2026 09:11 08/27/2026 09:11:00 $2,870.00 $451.00 $3,321.00 Main Office 2026-0090926 08/27/2026 12:53 08/27/2026 12:53:00 $4,053.00 $636.90 $4,689.90 Main Office 2026-0090938 08/27/2026 13:21 08/27/2026 13:21:00 $420.00 $66.00 $486.00 Main Office 2026-0091512 08/28/2026 12:07 08/28/2026 12:07:00 $2,275.00 $357.50 $2,632.50 Main Office Attachment 4 - Documentary Transfer Tax for August 2026 Page 4 of 5 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
09/08/2026 10:34
For Month: August 2026
Document No. Recording Date/Time Transaction Date/Time Action City Split County Split Transfer Tax Total Location
2026-0091518 08/28/2026 12:44 08/28/2026 12:44:00 $6,475.00 $1,017.50 $7,492.50 Main Office 2026-0091559 08/28/2026 13:15 08/28/2026 13:15:00 $3,710.00 $583.00 $4,293.00 Main Office 2026-0091562 08/28/2026 13:19 08/28/2026 13:19:00 $2,205.00 $346.50 $2,551.50 Main Office 2026-0091638 08/28/2026 13:42 08/28/2026 13:42:00 $4,305.00 $676.50 $4,981.50 Main Office 2026-0091641 08/28/2026 13:47 08/28/2026 13:47:00 $4,445.00 $698.50 $5,143.50 Main Office 2026-0091932 08/31/2026 11:07 08/31/2026 11:07:00 $2,415.00 $379.50 $2,794.50 Main Office 2026-0091954 08/31/2026 11:13 08/31/2026 11:13:00 $4,900.00 $770.00 $5,670.00 Main Office 2026-0091962 08/31/2026 11:14 08/31/2026 11:14:00 $5,530.00 $869.00 $6,399.00 Main Office 2026-0092028 08/31/2026 11:29 08/31/2026 11:29:00 $1,400.00 $220.00 $1,620.00 Main Office 2026-0092032 08/31/2026 11:30 08/31/2026 11:30:00 $1,680.00 $264.00 $1,944.00 Main Office 2026-0092034 08/31/2026 11:32 08/31/2026 11:32:00 $3,528.00 $554.40 $4,082.40 Main Office 2026-0092066 08/31/2026 11:58 08/31/2026 11:58:00 $1,400.00 $220.00 $1,620.00 Main Office 2026-0092069 08/31/2026 11:59 08/31/2026 11:59:00 $1,715.00 $269.50 $1,984.50 Main Office 2026-0092074 08/31/2026 12:11 08/31/2026 12:11:00 $1,400.00 $220.00 $1,620.00 Main Office 2026-0092095 08/31/2026 12:39 08/31/2026 12:39:00 $21,250.00 $1,870.00 $23,120.00 Main Office 2026-0092121 08/31/2026 13:00 08/31/2026 13:00:00 $1,400.00 $220.00 $1,620.00 Main Office 2026-0092173 08/31/2026 13:58 08/31/2026 13:58:00 $15,000.00 $1,320.00 $16,320.00 Main Office 2026-0092199 08/31/2026 14:23 08/31/2026 14:23:00 $5,110.00 $803.00 $5,913.00 Main Office Total For Richmond $271,613.00 $39,223.80 $310,836.80
Attachment 4 - Documentary Transfer Tax for August 2026 Page 5 of 5