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HomeMy WebLinkAboutMINUTES - 02262013 - D.1RECOMMENDATION(S): OPEN a public hearing, previously fixed for February 26, 2013 at 9:30 a.m., on implementation of the property tax cost recovery provisions of Revenue and Taxation Code section 95.3; RECEIVE testimony and CLOSE the public hearing; and 1. 2. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 02/26/2013 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: Lisa Driscoll, County Finance Director (925) 335-1023 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: February 26, 2013 David Twa, County Administrator and Clerk of the Board of Supervisors By: Stacey M. Boyd, Deputy cc: Robert Campbell, Auditor-Controller D. 1 To:Board of Supervisors From:David Twa, County Administrator Date:February 26, 2013 Contra Costa County Subject:Property Tax Administrative Cost Recovery RECOMMENDATION(S): (CONT'D) ADOPT the report of the Auditor-Controller filed on January 22, 2013 of the 2011-2012 fiscal year property tax-related costs of the Assessor, Tax Collector, Auditor, and Assessment Appeals Board, including the proposed charges against each local jurisdiction excepting school entities, for the local jurisdiction's proportionate share of such administrative costs; and ADOPT Resolution No. 2013/96 regarding the implementation of the property tax administrative cost recovery provisions of Revenue and Taxation Code section 95.3 for fiscal year 2012-2013. FISCAL IMPACT: The fiscal year 2011-2012 net cost of property tax administration was $14,460,531. This amounts to approximately .71% of all 2011-2012 property taxes levied countywide. This cost is allocated to each taxing entity in the County based on net revenues of each entity as a percentage of total revenues. School districts, community college districts, and the County Office of Education are exempt from cost recovery. As a result, the County absorbs the schools' share, which this year amounts to $7,081,782. The net recovery to the County is $5,652,644. $14,460,531 = Total cost of property tax administration -$7,081,782 = Exempt School share -$1,726,105 = County share $5,652,644 = Net recovery to the County BACKGROUND: In 1997, the Board adopted Resolution 97/129 which provides procedures for property tax administrative cost recovery. The recommended actions are necessary for implementation of Resolution 97/129 for the current fiscal year. CONSEQUENCE OF NEGATIVE ACTION: The County would not recover $5,652,644 in property tax administrative costs. CHILDREN'S IMPACT STATEMENT: None. CLERK'S ADDENDUM CLOSED the hearing; ADOPTED report from the Auditor-Controller; and ADOPTED Resolution No. 2013/96 regarding implementation of Revenue and Taxation Code §95.3 for fiscal year 2012/13. ATTACHMENTS Resolution No. 2013/96 PTAF Report 2012-13