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HomeMy WebLinkAboutMINUTES - 09132011 - C.155RECOMMENDATION(S): ADOPT the fiscal year 2011-12 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 2011-12 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 $1.5 billion in property tax revenues to be apportioned to the County, Cities, Schools and other eligible taxing agencies. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 09/13/2011 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Jay Wilverding, 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 13, 2011 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C.155 To:Board of Supervisors From:Robert Campbell, Auditor-Controller Date:September 13, 2011 Contra Costa County Subject:Adoption of 2011-12 Secured Property Tax Rates and Authorization to Levy the 2011-12 Property Tax Roll 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. 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. CONSEQUENCE OF NEGATIVE ACTION: Failure to approve this action will mean that the County will not be in compliance with Government Code Section 29101 and this will result in the loss of over $1.5 billion in property tax revenues. CHILDREN'S IMPACT STATEMENT: None. ATTACHMENTS Exhibit A Exhibit B 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 $1,353,052,000 1.0000 % LOCAL SPECIAL DISTRICTS Contra Costa Water Land Levy 728,700 .0051 Pleasant Hill Rec. & Park 2009 1,409,100 .0255 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 1990 602,300 .0104 Brentwood Elementary 1997 1,250,000 .0215 Brentwood Elementary 2003 2,143,700 .0369 Byron Elementary 2006 708,100 .0345 Lafayette Elementary 1,706,700 .0279 Moraga Elementary 923,200 .0312 Oakley Elementary 1998 670,300 .0293 Oakley Elementary 2004 1,084,600 .0474 Orinda Elementary 1,256,000 .0274 Walnut Creek Elementary 1995 1,220,700 .0132 Walnut Creek Elementary 2002 1,001,000 .0108 HIGH SCHOOL: Acalanes Union 1988 2,465,300 .0113 Acalanes Union 1997 2,737,600 .0120 Acalanes Union 2002 2,275,100 .0100 Liberty Union 1988 770,800 .0079 Liberty Union 1994 1,674,800 .0160 Liberty Union 2001 1,536,800 .0147 UNIFIED SCHOOL DISTRICTS: Antioch USD SFID 1 1,659,800 .0417 John Swett 2002 37,200 .0016 John Swett 2008 985,800 .0402 Martinez Unified 1988 3,204,900 .0608 Mt Diablo 2002 15,359,800 .0543 Mt Diablo 2010 1,949,200 .0069 Pittsburg Unified 1995 0 .0000 Pittsburg Unified 2004 1,152,500 .0323 Pittsburg Unified 2006 2,036,200 .0570 Pittsburg Unified 2010 1,703,100 .0550 San Ramon Unified 1998 7,151,000 .0216 San Ramon Unified 2002 14,849,200 .0448 West Contra Costa Unified 1998 1,779,900 .0086 West Contra Costa Unified 2000 10,748,200 .0556 West Contra Costa Unified 2002 12,118,400 .0600 West Contra Costa Unified 2005 12,324,100 .0600 West Contra Costa Unified 2010 9,947,500 .0480 COMMUNITY COLLEGE: CC Community College 2002 6,420,300 .0049 CC Community College 2006 12,543,800 .0095 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 .0041 % East Bay Regional Park .0071 East Bay MUD Dist 1 .0067 Livermore Joint Unified 1999 .0627 Chabot - Las Positas Comm College .0214 CITIES: Brentwood, City of .0068 Lafayette, City of .0130 Richmond Retirement .1400 Martinez, City of .0347 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2011-2012 Rate as Percentage of Full Value Countywide Tax 1.4039 % (UNITARY)