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HomeMy WebLinkAboutMINUTES - 08211984 - 1.55 To: BOARD OF SUPERVISORS ContraFROM: Auditor-Controller Costa DATE: County- SUBJECT: ounty-SUBJECT: Recovery of Costs of Implementing the State Mandated Supplemental Property Taxation Program 1 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION For fiscal years 1983-84 and 1984-85, . the Board hereby directs the Auditor-Controller to allocate to the County prior to any other allocations 5% of the revenues generated from supplemental property taxes. BACKGROUND AND JUSTIFICATION In July of 1983, the State Legislature passed and the Governor signed into law Chapter 3.5 of the Revenue and Taxation Code (SB 813 and subsequent "clean up legislation") . That legislation requires the County to assess, tax and collect taxes on new construction and ownership changes as of the date such events occur. Revenue and Taxation Code section 75.60 authorizes the Board to direct the Auditor to allocate to the County up to 5% of the anticipated revenues for fiscal years 1983-84 and 1984-85 prior to any other allocations for the purpose of administering the chapter. The County Auditor-Controller, in conjunction with the County Assessor and County Tax Collector, has determined that the costs of administering the program have and will equal or exceed the amounts provided in the above referenced legislation. CONTIN ON ATTACHMENT: YES SIGNATURE:/4,�//��G•tG!� C COMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER 00/23 VOTE OF SUPERVISORS _74 UNANIMOUS (ABSENT ✓` ) I HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. CountyAdministrator CC: Auditor-Controller ATTESTED Treasurer-Tax Collector J.R. OLSso64, COUNTY CLERK Assessor AND EX OFFICIO CLERK OF THE BOARD M382/7-63 BY DEPUTY