Lake Forest property tax: where it goes

A Lake Forest house pays 1.027% of its taxable value in property tax, plus flat charges on the same bill. For a house at $937,000 of market value with the homeowners' exemption, that's about $9,574 a year.

Tax is levied on its assessed value.

Who taxes this house

Taxing agencyRateOn $937,000
1% general levy (countywide)1%$9,300
Saddleback Valley Unified School District bonds (schools)0.0187%$174
Metropolitan Water District (MWDOC)0.0085%$79
Metropolitan Water District water standby chargeflat$10
OC Mosquito and Vector Control District: assessment district No. 2flat$9
OC Mosquito and Vector Control District: assessment district No. 1flat$2
Total1.027%$9,574

2026-27 tax year, Orange County (Saddleback Valley USD tax rate areas). Exemptions applied: Homeowners' exemption ($7,000).

Ways to pay less

  • Homeowners' exemption. Owner-occupied homes get a $7,000 reduction in taxable value if the home was the owner's principal residence on January 1. How: File a claim with the county assessor where the property is located.

Dates

WhenWhat
Nov 30, 2026 (in 38 days)Regular assessment appeals: July 2 to November 30 at 5:00 p.m.
Feb 15Last day for a first-time homeowners' exemption claim to get the full exemption that year.

Pay or manage it

Sources

  1. OC 2026-27 tax rate book
  2. BOE homeowners' exemption
  3. OC tax payment

Checked October 22, 2026. Every number here comes from the public sources listed, matched by our checker.

Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.