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HomeMy WebLinkAboutMINUTES - 09011998 - C157 TO: BOARD OF SUPERVISORS CONTRA COSTA FROM: KENNETH J. CORCORAN, Auditor-Controller COUNTY DATE: September 1, 1998 SUBJECT: Adoption of 1998-99 Secured Property Tax Rates and Authorization to Levy the 1998-99 Property Tax Roll RESOLUTION NO. 981434 SPECIFIC REQUEST(S)OR RECOMMENDATIONS) &BACKGROUND AND JUSTIFICATION Recommendation: Adopt the fiscal year 1998-99 secured property tax rates as shown on Exhibit A, attached. Authorize the levy of these rates and those adopted by cities, multi-countydistricts, 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. Adapt and levy the 1998-99 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 band 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: , RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BO#b COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON September 1,1998 APPROVED AS RECOMMENDED may_OTHER VOTE OF SUPERVISORS X_UNANIMOUS (ABSENT - " - - ) I HEREBY CERTIFY THAT THIS IS A TRUE AND AYES: NOES. CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. ATTESTED_ _ September 1 , 1998 Contact: Paul Abelson ($46-2233) PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAU AUDITOR BY Deputy RESOLUTION NO. 981434 Resofution.doc 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 Fall Value Countywide tax $677,027,000 1.0000 % COUNTY SPECIAL DISTRICTS Storm Drainage District #16 6,000 .0021 County Service Area R-8 490,000 .0066 LOCAL SPECIAL DISTRICTS SANITARY DISTRICTS: West County Wastewater 309,100 .0113 WATER DISTRICTS: Crockett-Valona Water 43,000 .0317 Contra Costa Water Land Levy 720,800 .0099 HOSPITAL DISTRICT: Los Medanos Hospital 837,400 .0409 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 516,600 .0430 Brentwood Elementary 1997 56,700 .0048 Lafayette Elementary 1,724,800 .0603 Moraga Elementary 663,900 .0423 Orinda Elementary 735,600 .0334 Walnut Creek Elementary 1,046,900 .0221 Oakley Elementary 409,400 .0374 HIGH SCHOOL: Acalanes Union 1997 1,537,300 .0135 Acalanes Union 2,613,500 .0236 Liberty Union 654,400 .0206 Liberty Union 1994 1,545,700 .0450 UNIFIED SCHOOL DISTRICTS: Martinez Unified 1,945,900 .0632 Martinez Unified 1995 1,406,000 .0457 Pittsburg Unified 733,900 .0331 West Contra Costa Unified 697,400 .0061 RESOLUTION NO. 98/434 Turtres.xls 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 .0470 MULTI-COUNTY DISTRICTS: S.F. Bay Area Rapid Transit .0167 East Bay Regional Park .0092 East Bay MUD Dist 1 .0092 CITIES: Hercules .0310 Lafayette .0205 Richmond Retirement .1400 TAX LEVY FOR UNITARY AND OPERATING; NON-UNITARY PROPERTY FOR 1998-99 Rate as Percentage of Full Value Countywide Tax 1.1307 % (UNITARY) RESOLUTION NO. 9 8/4 3 4 TaxreslAs