Secured Taxes = (Net Assessed Value x Tax Rate) + Special Assessments

Unsecured Taxes = (Net Assessed Value x Prior Year Secured Tax Rate) + Special Assessments

Supplemental Taxes = Net Assessed Value Difference x Tax Rate x Proration Period

In accordance with Revenue and Taxation Code section 75.41, the proration period is from the beginning of the month following the date on which the change of ownership occurred or the date of new construction to the end of the fiscal year on June 30.