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HomeMy WebLinkAboutMINUTES - 09142010 - C.148RECOMMENDATION(S): Adopt the fiscal year 2010-11 secured property tax rates as shown on Exhibit A, attached; Authorize the levy of these rates and those adopted by cities and multi-county districts, as shown in Exhibit B, against the taxable secured property within the County that is subject to each rate (anticipated revenues specified in Exhibit A are subject to changes in the secured roll); and Adopt and levy the 2010-11 tax rate as shown on Exhibit B for the Unitary and Operating Non-Unitary property assessed by the State Board of Equalization with a single countywide value, as recommended by the Auditor-Controller. FISCAL IMPACT: Adoption of the attached property tax rates will generate over $1.4 billion in property tax revenues to be apportioned to the County, Cities, Schools and other eligible taxing agencies. BACKGROUND: 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. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 09/14/2010 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor ABSENT:Gayle B. Uilkema, District II Supervisor Contact: Robert Campbell (925) 646-1403 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 14, 2010 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C.148 To:Board of Supervisors From:Stephen Ybarra, Auditor-Controller Date:September 14, 2010 Contra Costa County Subject:Adoption of 2010-11 Secured Property Tax Rates and Authorization to Levy the 2010-11 Property Tax Roll BACKGROUND: (CONT'D) 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 and Taxation Code Section 100(b) provides for the tax rate to be applied to the Unitary and Operating Non-Unitary property. ATTACHMENTS Exhibit A ExhibitB 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 Countywide tax $1,362,294,000 1.0000 % LOCAL SPECIAL DISTRICTS Contra Costa Water Land Levy 727,700 .0049 Pleasant Hill Rec. & Park 2009 1,192,100 .0212 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 1990 625,500 .0103 Brentwood Elementary 1997 1,531,800 .0252 Brentwood Elementary 2003 2,186,000 .0360 Byron Elementary 2006 733,800 .0342 Lafayette Elementary 2,010,200 .0326 Moraga Elementary 918,200 .0311 Oakley Elementary 1998 684,600 .0283 Oakley Elementary 2004 1,070,800 .0442 Orinda Elementary 1,153,700 .0244 Walnut Creek Elementary 1995 1,210,200 .0128 Walnut Creek Elementary 2002 975,100 .0103 HIGH SCHOOL: Acalanes Union 1988 2,459,500 .0111 Acalanes Union 1997 2,752,900 .0118 Acalanes Union 2002 1,903,500 .0082 Liberty Union 1988 747,000 .0073 Liberty Union 1994 1,679,700 .0153 Liberty Union 2001 1,801,500 .0164 UNIFIED SCHOOL DISTRICTS: Antioch USD SFID 1 2,427,700 .0578 John Swett 2002 564,000 .0266 John Swett 2008 131,600 .0062 Martinez Unified 1988 2,304,300 .0476 Martinez Unified 1995 738,600 .0153 Mt Diablo 2002 14,738,700 .0515 Mt Diablo 2010 2,402,800 .0085 Pittsburg Unified 1995 0 .0000 Pittsburg Unified 2004 1,223,100 .0331 Pittsburg Unified 2006 1,912,600 .0517 San Ramon Unified 1998 6,887,400 .0209 San Ramon Unified 2002 14,268,400 .0432 West Contra Costa Unified 1998 2,316,800 .0113 West Contra Costa Unified 2000 11,252,400 .0556 West Contra Costa Unified 2002 12,033,500 .0600 West Contra Costa Unified 2005 11,945,500 .0600 COMMUNITY COLLEGE: CC Community College 2002 6,476,800 .0049 CC Community College 2006 11,285,300 .0084 RESOLUTION NO. Book1.xls Exhibit 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 .0031 % East Bay Regional Park .0084 East Bay MUD Dist 1 .0067 Livermore Joint Unified 1999 .0635 Chabot - Las Positas Comm College .0211 CITIES: Brentwood, City of .0060 Lafayette, City of .0130 Richmond Retirement .1400 Martinez, City of .0347 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2010-2011 Rate as Percentage of Full Value Countywide Tax 1.4169 % (UNITARY) RESOLUTION NO. BOND1011.xls.xls Exhibit B