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HomeMy WebLinkAboutMINUTES - 09152015 - C.84RECOMMENDATION(S): ADOPT the fiscal year 2015-16 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 2015-16 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 $1.9 billion in property tax revenues to be apportioned to the County, Cities, Schools and other eligible 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. The General Obligation bond rates are provided by the Auditor at a level adequate to support the APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 09/15/2015 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Karen Mitchoff, District IV Supervisor ABSENT:Mary N. Piepho, District III Supervisor Federal D. Glover, District V Supervisor Contact: Marie Rulloda, 925-646-2186 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 15, 2015 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: Bob Campbell, Elizabeth Verigin, Haj Nahal, Marie Rulloda, Bobby Romero C. 84 To:Board of Supervisors From:Robert Campbell, Auditor-Controller Date:September 15, 2015 Contra Costa County Subject:Adoption of 2015-16 Secured Property Tax Rates and Authorization to Levy the 2015-16 Property Tax Roll BACKGROUND: (CONT'D) 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 $1.9 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 $1,671,331,000 1.0000 % LOCAL SPECIAL DISTRICTS Contra Costa Water Land Levy 728,500 .0035 Pleasant Hill Rec. & Park 2009 1,588,600 .0238 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 1990 430,000 .0053 Brentwood Elementary 1997 1,236,000 .0151 Brentwood Elementary 2003 1,991,200 .0243 Byron Elementary 2006 789,300 .0294 Lafayette Elementary 1,586,500 .0209 Moraga Elementary 829,100 .0229 Oakley Elementary 1998 730,000 .0231 Oakley Elementary 2004 1,113,000 .0352 Orinda Elementary 1,094,000 .0190 Walnut Creek Elementary 1995 1,063,800 .0091 Walnut Creek Elementary 2002 1,070,600 .0091 HIGH SCHOOL: Acalanes Union 1997 4,846,200 .0169 Acalanes Union 2002 4,692,100 .0163 Liberty Union 1994 1,331,800 .0092 Liberty Union 2001 2,096,000 .0145 UNIFIED SCHOOL DISTRICTS: Antioch USD SFID 2008 2,781,200 .0506 Antioch USD SFID 2012 2,227,200 .0406 John Swett 2002 527,100 .0234 John Swett 2008 1,311,600 .0582 Martinez Unified 2010 3,033,300 .0550 Mt Diablo 2002 12,541,500 .0369 Mt Diablo 2010 15,069,200 .0443 Pittsburg Unified 1995 0 .0000 Pittsburg Unified 2004 587,900 .0141 Pittsburg Unified 2006 1,980,100 .0473 Pittsburg Unified 2010 2,267,600 .0542 Pittsburg Unified 2014 1,946,700 .0465 San Ramon Unified 1998 8,035,600 .0196 San Ramon Unified 2002 12,638,700 .0308 San Ramon Unified 2012 4,922,600 .0120 West Contra Costa Unified 1998 1,613,800 .0065 West Contra Costa Unified 2000 14,011,000 .0556 West Contra Costa Unified 2002 15,119,800 .0600 West Contra Costa Unified 2005 15,119,800 .0600 West Contra Costa Unified 2010 12,095,800 .0480 West Contra Costa Unified 2012 12,095,800 .0480 COMMUNITY COLLEGE: CC Community College 2002 5,547,900 .0034 CC Community College 2006 12,491,800 .0076 CC Community College 2014 17,983,200 .0110 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 .0026 % East Bay Regional Park .0067 East Bay MUD Dist 1 .0034 Livermore Joint Unified 1999 .0404 Chabot - Las Positas Comm College .0198 CITIES: Orinda Roads Bond 2014 .0185 Brentwood, City of .0055 Lafayette, City of .0090 Richmond Pension Tax .1400 Martinez Park Bond 2008 .0347 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2015-2016 Rate as Percentage of Full Value Countywide Tax 1.5859 % (UNITARY)