If the measure is approved, the tax would first appear on property tax bills in fiscal year 2028. It would be collected annually through the Ventura County property tax roll. The same bill property owners already receive each year. The estimated annual rate is approximately $24 per $100,000 of assessed value or $24o per $1 million, which works out to about $121 per year, or roughly $10 per month, for the average homeowner. The tax is expected to remain in place for 30 years, through fiscal year 2057.