Financial Report 06-30-2015Tax Rates and Government Services
Residential, commercial, and industrial property is appraised at full market value as it existed
on March l, 1975, with increases limited to a maximum of 2%_annually. Property created or sold
since March l, 1975 bears full cash value as of the time created or sold, plus the 2% annual
increase. The basic tax rate is $1.00 per $100 (full cash value) plus any tax levied to cover
bonded indebtedness for county, city, school, and other taxing agencies. Assessed valuations
and tax rates are published annually after July 1.
Assessed Valuation (Secured and Unsecured)
Cupertino: $16,206,163,709 (7/1/14)
County: $357,339,245,945 (7/1/14)
Retail Sales Tax
Grand Total = 8.7500%.
Breakdown = Cupertino 1 %, State General Fund 3.9375%, State and Local Revenue Fund
1.0625%, State Local Public Safety 0.5%, State Local Revenue 0.5%, State Education Protection
0.25%, County Transportation 0.25%, Local District (Valley Transportation Authority) 1.25%.
Transportation
Rail: The CalTrain station is four miles north of city. The Amtrak station is 10 miles south.
Air: The San Francisco futernational Airport is located roughly 30 miles north, and the Mineta
San Jose futernational Airport is located approximately 11 miles south.
Bus: Cupertino is served by the Santa Clara Valley Transportation Authority. The routes listed
below pass through the City. For Cupertino-specific schedules and maps visit their online
website:
Route 23 San Jose -Mountain View /Palo Alto
Route 25 San Jose -De Anza College
Route 26 Eastridge -Lockheed
Route 36 East San Jose -Valko
Route 51 Valko -Moffett/Ames
Route 53 Westgate -Sunnyvale
Route 54 West Valley....: Fair Oaks/ Tasman
Route 55 De Anza -Great America
Route 81 East San Jose -Valko
Express 101 Camden/Branham -Palo Alto
Express 501 Palo Alto -I.B.M Bailey
Car: The City of Cupertino is in the heart of the world renowned Silicon Valley. The major
highway transportation facilities are futerstate Route 280 and State Route 85 freeways. The City
is linked internally by several principal arterials and Santa Clara County expressways. Principal
arterials are De Anza Boulevard, Stevens Creek Boulevard, and Wolfe Road. Nearby
expressways are Lawrence Expressway and Foothill Expressway.
Sister Cities
Cupertino has four sister cities: Copertino, Italy; Hsinchu, Taiwan; Toyokawa, Japan, and
Bhubaneswar, fudia.
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