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HomeMy WebLinkAboutMINUTES - 09122006 - C.121 i C TO: BOARD OF SUPERVISORS CONTRA COSTA FROM: STEPHEN J. YBARRA, Auditor-Controller COUNTY By: Robert Campbell, Chief Accountant DATE: September 12, 2006 SUBJECT: Adoption of 2006-2007 Secured Property Tax Rates and Authorization to Levy the 2006-2007 Property Tax Roll RESOLUTION NO. ;L0 i SPECIFIC REQUEST(S) OR RECOMMENDATION(S) &BACKGROUND AND JUSTIFICATION Recommendation: Adopt the fiscal year 2006-2007 secured property taxi rates as shown on Exhibit A, attached. Authorize the levy of these rates and those adopted Eby cities and multi-county districts, as shown in Exhibit B, against the taxable secured property within the County that is subject to each rate. The anticipated revenues specified in Exhibit A are subject to changes in the secured roll. Adopt and levy the 2006-2007 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 lat a level adequate to support the annual debt service requirements and necessary bond rese Ives. Government Code Section 29101 requires that thel 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 t ary and Operating Non-Unitary property CONTINUED ATTACHMENT: X YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATIO F ARD COMMITTEE APPROVE OTHER SIGNATURE( i i ACTION OF BO DON APPROVED AS(RECOMMENDED OTHER VOTE OF SUPERVISORS 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 d �/'z-�O C.i Contact: Robert Campbell (646-1403) JOHN CULLEN,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAO AUDITOR A BY Deputy RESOLUTION NO. �CCCe TaxRateResolution.doc i Exhibit A COUNTYWIDE TAX AND TAX RATES CALCULATED BY THE AUDITOR Government Code Section 29142 allows a 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 the County's collection fee. Amount to be raised Rate as Percentage on Secured Roll of Full Value I Countywide tax $1,399,422,000 1.0000 LOCAL SPECIAL DISTRICTS WATER DISTRICTS: Contra Costa Water Land Levy I 729,200 .0043 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 1990 670,900 .0090 Brentwood Elementary 1997 1,254,900 .0168 Brentwood Elementary 2003 11,382,400 .0186 Byron Elementary 2006 400,800 .0150 Lafayette Elementary 1,968,800 .0377 Moraga Elementary 882,100 .0328 Oakley Elementary 1998 620,500 .0226 Oakley Elementary 2004 677,600 .0246 Orinda Elementary 11,044,500 .0259 Walnut Creek Elementary 1995 1,124,800 .0133 Walnut Creek Elementary 2002 719,600 .0085 HIGH SCHOOL: Acalanes Union 1988 2,496,200 .0127 Acalanes Union 1997 3,067,400 .0150 Acalanes Union 2002 296,800 .0015 Liberty Union 1988 660,200 .0054 Liberty Union 1994 1,597,600 .0121 Liberty Union 2001 12,058,900 .0156 UNIFIED SCHOOL DISTRICTS: John Swett 2002 504,600 .0244 Martinez Unified 1988 13,024,700 .0598 Martinez Unified 1995 990,500 .0196 Mt Diablo 2002 112,873,500 .0446 Pittsburg Unified 1995 I 881,700 .0187 Pittsburg Unified 2004 1,515,800 .0321 San Ramon Unified 1998 5,512,200 .0180 San Ramon Unified 2002 110,814,600 .0353 West Contra Costa Unified 1998 2,420,000 .0105 West Contra Costa Unified 2000 8,931,500 .0386 West Contra Costa Unified 2002 11,273,600 .0487 West Contra Costa Unified 2005 13,824,400 .0165 COMMUNITY COLLEGE: Contra Costa Community College 5,845,900 .0043 RESOLUTION NO. r�QCO�sTb BON00801.1f!I.E.-II A Exhibit B TAX RATES ADOPTED BY OTHER DISTRICTS Per certifications received from the governing body of each district. Rate as Percentage of Full Value MULTI-COUNTY DISTRICTS: Bay Area Rapid Transit .0050 East Bay Regional Park .0085 East Bay MUD Dist 1 .0068 Livermore Joint Unified 1999 .0692 Chabot- Las Positas Comm College .0159 CITIES: Brentwood .0038 Lafayette .0200 Richmond Retirement .1400 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2006-2007 Rate as Percentage of Full Value Countywide Tax 1.2639 % (UNITARY) RESOLUTION NO. I: BONDM7 A,A,Etl bt B