HomeMy WebLinkAboutMINUTES - 11281995 - D2 TO: BOARD OF SUPERVISORS Contra
/Y.
FROM: Phil Batchelor, County Administrator and Costa
Gus Kramer, Assessor A County
DATE:
November 28, 1995
SUBJECT:
PARTICIPATION IN THE STATE-COUNTY PROPERTY TAX ADMINISTRATION
LOAN PROGRAM
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS:
1. ADOPT a resolution indicating the County's intent to participate in the State-County
Property Tax Administration Loan Program for $2 million per year for three years, as
recommended by the Assessor.
2. DIRECT the County Administrator and Assessor to continue to research the County's
obligations and potential benefits of the loan program,prepare a plan to generate additional
property tax revenue and return to the Board with a proposed contract with the state.
BACKGROUND:
At the October 20 Board meeting on the Budget, the County Administrator described recently
enacted legislation which could enhance property tax revenues over the next three fiscal years.
AB818 is.described in the attachment and was, taken from the October 20 Board order.
For counties to apply for the Property Tax Loan program,two steps are necessary. First,the County
must indicate a willingness to participate by adopting a resolution by November 28, 1995. Next,the
County must negotiate a contract with the State Department of Finance on the terms and conditions
of the loan. We anticipate this second phase to take a maximum of 60 days.
Staff from the Assessor and County Administrator's Office are currently formulating a plan and
awaiting further guidelines from the state.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE (S):
ACTION OF BOARD ON j '94 1 9S APPROVED AS RECOMMENDED OTHER
{
IT IS BY THE BOARD ORDERED that Resolution 95/587 is adopted.
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS(ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
ATTESTED .71 b-Qil- 99 11
Contact: PHIL BATCHELOR,CLERK OF THE BOARD OF
CC: Assessor SUPERVISORS AND COUNTY ADMINISTRATOR
County Administrator .
BY DEPUTY
1
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on 1-11281995/1995 , by the following vote:
AYES: Supervisors Rogers, Smith, DeSaulnier, Torlakson, Bishop
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No.95/587
(Revenue and Taxation Code Section 95.31)
WHEREAS, Revenue and Taxation Code Section 95.31 provides that the County may elect
to participate in the State-County Property Tax Administration Program, administered by the State,
upon recommendation of the Assessor, and by resolution of the Board of Supervisors, adopted not
later than December 1 of the fiscal year for which it is to apply; and
WHEREAS,pending the execution of a satisfactory contractual agreement,the County elects
to participate in the State-County Property Tax Administration Program and to apply for a loan of
$2,022,000 for fiscal year 1995-96;the County may make a similar election for fiscal years 1996-97
and 1997-98, or may elect to apply for a loan in a lesser amount; and
WHEREAS,the County finds it necessary to apply for this loan to enhance its property tax
administration system; reduce backlogs of new construction, changes in ownership, Proposition 8
declines in value; restore misfortune and calamity property values; prepare a defense for each
Appeals case that is scheduled by the Assessment Appeals Board; and
WHEREAS, in order to participate in the State-County Property Tax Administration
Program,the County must enter into a contractual agreement with the State Department of Finance;
WHEREAS,the Director of the Department of Finance shall determine whether the County
has satisfied the terms and repaid the loan upon receipt of certification of the performance measures
enumerated in the contractual agreement by the County Auditor; and
WHEREAS, the Contra Costa County Assessor believes he or she can satisfactorily meet
those terms; and
WHEREAS, the funds obtained through this program shall not be used to supplant the
current level of funding; and
WHEREAS, such funding must equal the level in the 1994-95 fiscal year exclusive of the
amount$593,400 provided to the Assessor's Office pursuant to Item 9100-102-001 of the Budget
Act of 1994 and;
WHEREAS, that funding level as determined by the Assessor's Office and the County
Administrative Office of the County, is $7,503,192 in gross costs, and
WHEREAS, it is in the best interest of Contra Costa County to take advantage of this
program because it provides much needed funding for property tax administration.
4.F .
NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE
COUNTY OF CONTRA COSTA AS FOLLOWS:
The County of Contra Costa elects to participate in the State-County Property Tax
Administration Program and directs the County Administrative Officer with the advice and
assistance of the Assessor to enter into negotiations for the purpose of producing a contractual
agreement with the State Department of Finance to secure a loan or loans pursuant to this Program,
as provided by Section 95.31 of the Revenue and Taxation Code, for (the 1995-96 fiscal year) each
of the 1995-96, 1996-97, 1997-98 fiscal years. Upon satisfactory completion of the negotiations,
the contractual agreement shall be submitted to the board for approval.
This resolution shall remain operative until rescinded, but in no event shall it remain
operative beyond June 30, 2000 unless otherwise permitted or authorized by law.
The foregoing resolution was, on the 28th day of November 1995, adopted by the Board of
Supervisors of the County of Contra Costa.
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: __q V -�) j 9 7.S
PHIL BATCHELOR, Clerk of the Board of
Supervisors and County Administrator
By: ,Deputy
Contact:
cc: Assessor
RESOLUTION NO. 95/ 587