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HomeMy WebLinkAboutMINUTES - 09091997 - C140 TO: BOARD OF SUPERVISORS CONTRA COSTA FROM: KENNETH J. CORCORAN, Auditor-Controller COUNTY DATE: September 9, 1997 SUBJECT: Adoption of 1997-98 Secured Property Tax Rates and Authorization to Levy the 1997-98 Property Tax Roll RESOLUTION NO. 97/467 SPECIFIC REQUEST(S) OR RECOMMENDATION(5) &BACKGROUND AND JUSTIFICATION Recommendation: Adopt the fiscal year 1997-98 secured property tax rates as shown on Exhibit A, attached. Authorize the levy of these rates and those adopted by cities, multi-county districts, and the two school lease/purchase bonds, as shown in Exhibit B, against the taxable secured property within the County which is subject to each rate. The anticipated revenues specified in Exhibit A are subject to changes in the secured roll. Adopt and levy the 1997-98 tax rate shown on Exhibit B for the Unitary and Operating Non- Unitary property assessed by the State Board of Equalization with a single countywide value. Reasons for Recommendation: 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 & Taxation Code Section 100(b) provides for the tax rate to be applied to the Unitary and Operating Non-Unitary property CONTINUED ATTACHMENT: X YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF B RD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON / APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS IS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. ATTESTED �d_¢.' 9. l 9 ! 7 Contact: Paul Abelson (646-2233) PHIL BATCHELOR,&ERK OF THE B SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAO AUDITOR Q BY �ct�i"r�LA. �1�_ e, 1�11�, ,Deputy RESOLUTION NO. 97/467 Exhibit A COUNTYWIDE TAX AND TAX RATES CALCULATED BY THE AUDITOR Government Code Section 29142 allows 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 county's collection fees. Amount to be raised Rate as Percentage on Secured Roll of Full Value Countywide tax $646,226,000 1.000070 COUNTY SPECIAL DISTRICTS Storm Drainage District #16 6,400 .0024 Sanitation District #15 113,000 .0549 County Service Area R-8 438,000 .0062 LOCAL SPECIAL DISTRICTS SANITARY DISTRICTS: West County Wastewater 285,000 .0107 WATER DISTRICTS: Crockett-Valona Water 41,300 .0310 Contra Costa Water Land Levy 722,000 .0103 HOSPITAL DISTRICT: Los Medanos Hospital 834,900 .0398 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 530,400 .0500 Lafayette Elementary 1,694,100 .0627 Moraga Elementary 661,400 .0445 Orinda Elementary 667,400 .0319 Walnut Creek Elementary 699,500 .0156 HIGH SCHOOL: Acalanes Union 2,441,500 .0232 Liberty Union 792,600 .0267 Liberty Union 1994 Bonds 1,475,200 .0459 UNIFIED SCHOOL DISTRICTS: Martinez Unified 2,087,800 .0689 Martinez Unified 1995 Bonds 1,210,700 .0400 Pittsburg Unified 1995 Bonds 528,700 .0238 San Ramon Unified 76,500 .0007 RESOLUTION NO. 97/467 TurtresAs Exhibit B TAX RATES ADOPTED BY OTHER DISTRICTS Per certifications received from the governing body of each district. Rate as Percentage of Full Value SCHOOL DISTRICTS: Livermore Joint Unified SSB-Lease/Purchase .1438 % San Ramon Unified 1991 Lease/Purchase .0470 MULTI-COUNTY DISTRICTS: S.F. Bay Area Rapid Transit .0220 East Bay Regional Park .0081 East Bay MUD Dist 1 .0096 CITIES: Hercules .0310 Lafayette .0205 Richmond Retirement .1400 1 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 1997-98 Rate as Percentage of Full Value Countywide Tax 1.1248 % (UNITARY) RESOLUTION NO.97/467 Taxresl.xls