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HomeMy WebLinkAboutMINUTES - 09112012 - C.126RECOMMENDATION(S): ADOPT the fiscal year 2012-13 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 2012-13 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: 09/11/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, 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 11, 2012 David Twa, County Administrator and Clerk of the Board of Supervisors By: Carrie Del Bonta, Deputy cc: C.126 To:Board of Supervisors From:Robert Campbell, Auditor-Controller Date:September 11, 2012 Contra Costa County Subject:Adoption of 2012-13 Secured Property Tax Rates and Authorization to Levy the 2012-13 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: Not applicable. 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 $1,363,464,000 1.0000 % LOCAL SPECIAL DISTRICTS Contra Costa Water Land Levy 728,900 .0045 Pleasant Hill Rec. & Park 2009 1,456,100 .0269 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 1990 555,700 .0098 Brentwood Elementary 1997 1,204,900 .0212 Brentwood Elementary 2003 2,132,500 .0375 Byron Elementary 2006 836,900 .0403 Lafayette Elementary 1,756,500 .0284 Moraga Elementary 832,800 .0279 Oakley Elementary 1998 710,800 .0312 Oakley Elementary 2004 1,164,700 .0511 Orinda Elementary 1,263,700 .0273 Walnut Creek Elementary 1995 1,171,800 .0127 Walnut Creek Elementary 2002 1,050,700 .0114 HIGH SCHOOL: Acalanes Union 1988 2,404,900 .0105 Acalanes Union 1997 2,579,700 .0112 Acalanes Union 2002 2,664,200 .0116 Liberty Union 1988 493,300 .0048 Liberty Union 1994 1,335,600 .0129 Liberty Union 2001 1,933,200 .0187 UNIFIED SCHOOL DISTRICTS: Antioch USD SFID 1 1,983,800 .0495 John Swett 2002 629,000 .0248 John Swett 2008 828,900 .0326 Martinez Unified 1988 3,458,600 .0633 Mt Diablo 2002 13,623,800 .0492 Mt Diablo 2010 10,484,700 .0379 Pittsburg Unified 1995 0 .0000 Pittsburg Unified 2004 1,070,600 .0310 Pittsburg Unified 2006 2,163,900 .0627 Pittsburg Unified 2010 1,338,900 .0550 San Ramon Unified 1998 7,491,900 .0226 San Ramon Unified 2002 15,892,300 .0479 West Contra Costa Unified 1998 1,912,000 .0087 West Contra Costa Unified 2000 8,716,500 .0556 West Contra Costa Unified 2002 9,386,400 .0600 West Contra Costa Unified 2005 11,088,200 .0600 West Contra Costa Unified 2010 6,956,400 .0314 COMMUNITY COLLEGE: CC Community College 2002 6,201,800 .0047 CC Community College 2006 5,371,100 .0040 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 .0043 % East Bay Regional Park .0051 East Bay MUD Dist 1 .0068 Livermore Joint Unified 1999 .0607 Chabot - Las Positas Comm College .0219 CITIES: Brentwood, City of .0072 Lafayette, City of .0130 Richmond Retirement .1400 Martinez, City of .0347 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2012-2013 Rate as Percentage of Full Value Countywide Tax 1.4377 % (UNITARY)