Possible Real Estate Transfer Tax Increases


City leaders in Hayward and Union City are considering increasing their real estate transfer taxes.


On Tuesday, June 5, the Hayward City Council directed staff to survey Hayward residents about increasing the transfer tax rate from $4.50 to $10 per $1,000 of assessed value. Hayward officials claim increasing the rate would generate more than $8.7 million in tax revenue.

Depending on the survey results, the Council may place the transfer tax increase on the November ballot. More information about the transfer tax increase and an on-line survey is available here.


Union City is also planning to increase its transfer tax rate from $0.55 to $10 per $1,000 of assessed value. They claim the increase would generate, on average, $5 million in tax revenue. However, to increase the tax rate it would first need to convert from a general law to a charter city. Changing the City charter requires a majority vote of Union City residents. The Union City Council is holding a public hearing about the charter city issue during its meeting on June 12.

For more information about the charter city change and the real estate transfer tax increase, please click here.

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