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HomeMy WebLinkAboutMINUTES - 09121995 - C144 TO: BOARD OF SUPERVISORS CONTRA COSTA FROM: KENNETH J. CORCORAN, Auditor-Controller COUNTY DATE: September 12, 1995 SUBJECT: Adoption of 1995-96 Secured Property Tax Rates and Authorization to Levy the 1995-96 Property Tax Roll RESOLUTION NO. 95/445 SPECIFIC REQUEST(S)OR RECOMMENDATIONS) &BACKGROUND AND JUSTIFICATION Recommendation: Adopt the fiscal year 1995-96 secured property tax rates as shown on Exhibit A, attached. Authorize the levy of these rates and those adopted by cities, multi-county districts, and the two school lease/purchase bonds, as shown in Exhibit B, against the taxable secured property within the County which is subject to each rate. The anticipated revenues specified in Exhibit A are subject to changes in the secured roll. Adopt and levy the 1995/96 tax rate shown on Exhibit B for the Unitary and Operating Non- Unitary property assessed by the State Board of Equalization with a single countywide value. Reasons for Recommendation: Under Government Code Section 29100 the Board of Supervisors is responsible for the adoption by resolution of the tax rates for the current year secured property tax roll. The General Obligation bond rates are provided by the Auditor at a level adequate to support the annual debt service requirements and necessary bond reserves. Government Code Section 29101 requires that the Board levy these rates on the appropriate taxable property in the County. Revenue &Taxation Code Section 100(b) provides for the tax rate to be applied to the Unitary and Operating Non-Unitary property CONTINUED ATTACHMENT: X YES SIGNATURE: ?&�'i RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDA ION OF BOA COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON SatajpEr 12, 1995 APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS X UNANIMOUS (ABSENT SSS ) I HEREBY CERTIFY THAT THIS IS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: 'rte ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. ATTESTED—Sqpbmber 12, 1995 Contact: Stephen Ybarra (646-2233) PHIL BA R,CLERK OF THE BOARD OF ISO D COUNTY ISTRATOR cc: CAO AUDITOR BY RESOLUTION NO. 95/445 Exhibit A COUNTYWIDE TAX AND TAX RATES CALCULATED BY THE AUDITOR Government Code Section 29142 allows collection fee for debt service requirements on bonds authorized and issued by special districts up to one-fourth of one percent. The tax amounts and rates for special districts include an additional one-fourth of one percent as county's collection fees. Amount to be raised Rate as Percentage on Secured Roll of Full Value Countywide tax 616,065,800 1.0000 COUNTY SPECIAL DISTRICTS Storm Drainage District #16 6,800 .0026 Sanitation District #15 119,000 .0582 County Service Area R-8 477,600 .0071 LOCAL SPECIAL DISTRICTS SANITARY DISTRICTS: Crockett-Valona Sanitary 45,800 .0371 Mt. View Sanitary 49,700 .0040 West County Wastewater 292,300 .0112 WATER DISTRICTS: Crockett-Valona Water 46,300 .0357 Contra Costa Water Land Levy 739,900 .0108 CC Water Improvement Dist. #1 539,000 .0051 HOSPITAL DISTRICT: Los Medanos Hospital 823,700 .0399 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 565,900. .0663 Walnut Creek Elementary 653,000 .0154 HIGH SCHOOL: Acalanes Union 2,560,900 .0259 Liberty Union 821,700 .0300 Liberty Union 1994 Bonds 1,439,300 .0489 UNIFIED SCHOOL DISTRICTS: Martinez Unified 1,845,000 .0673 Martinez Unified 1995 Bonds 385,500 .0141 San Ramon Unified 92,100 .0008 San Ramon Lease/Purchase 455,400 .0039 RESOLUTION NO. 95/445 B:TAXRTRES.XLS fn 1. ' Exhibit B TAX RATES ADOPTED BY OTHER DISTRICTS Per certifications received from the governing body of each district. Rate as Percentage of Full Value SCHOOL DISTRICTS: Livermore Joint Unified SSB-Lease/Purchase .1438 San Ramon Unified 1991 Lease/Purchase .0391 MULTI-COUNTY DISTRICTS: S.F. Bay Area Rapid Transit .0230 East Bay Regional Park .0094 East Bay MUD Dist 1 .0108 CITIES: Concord .0024 Hercules .0280 Lafayette .0205 Richmond Retirement .1400 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 1995-96 Rate as Percentage of Full Value Countywide Tax 1.0831 (UAONU) RESOLUTION NO. 95/445 B:TAXRESL.XLS