HomeMy WebLinkAboutMINUTES - 12011998 - U2 U.2
TO x BOARD OF SUPERVISORS
Contra
FROM: GUS KRAMER, ASSESSOR �
e J Costa
DATE: DECEMBER 1, 1998 "i . County
SUBJECT: PARTICIPATION IN THE STATE-COUNTY PROPERTY TAX
ADMINISTRATION LOAN PROGRAM
SPECIFIC REOUEST(S)OR RECOMMENDATIONS)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
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
BACKGROUND:
The County has participated in the Property Tax Loan Program (AB818)for the last three
years. The Assessor's Office has performed at a level that satisfies repayment of the loan
for the first two years and anticipates repayment being satisfied for the third year. AB719
is a continuation of the Property Tax Administration Program for an additional three years
and it is anticipated the Assessor will perform at a level to satisfy repayment of the loans.
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 December
1, 1998. Next the County must negotiate a contract with the State Department of Finance
on the terms and conditions of the loan.
CONTINUED ON ATTACHMENT: YES SICaNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(gl:
ACTION OF BOARD ON D r emb r 1, 1998 �-'--� OTHER OTHER ----
APPROVED AS RECOMMENDED
This item was brought to the attention of the Board after the Agenda was posted
and the Board, by unanimous vote, agreed to consider it.
IT IS BY THE BOARD ORDERED that Resolution No. 98/605 is ADOPTED.
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS(ABSENT y 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.
CC: Assessor
County Administrator ATTESTED_ T1Ar�mh�r1 �g
PHIL BATCHELOR,CLERK of THE BOARD OF
SUPERVISORS AND COUNTY ADMINISTRATOR
M382 (10/88) BY
,DEPUTY
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on December 1, 1998 , by the following vale:
AYES: Supervisors Uilkema, Gerber, DeSaulnier, Canciamilla and Rogers
NOES: None
ABSENT: None
ABSTAIN: None
SUBJECT:
Resolution No. 9V60
(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 this 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 1998-99,the County may make a similar election for fiscal years
1999-00 and 2000-01, 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; restored 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, 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 Chief
Administrative Office of the County, is $7,503,192 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.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE
COUNTY OF CONTRA COSTA AS FOLLOWS:
Orig. Dept..
cc:
RESOLUTION NO. 98/605
_._. _..._.... ......... ......... ......... ......... ................... _.._. ..
...... ........ ..........._.............. ......... ......................._.............................. ............................................
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 55.31 of the Revenue and Taxation Code, for each of the
1598-99, 1595-00, 2000-01 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 .lune 30, 2001 unless otherwise permitted or authorized by law.
The foregoing resolution was, on the 110 day of December 1558, adapted 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 oft Board of Supervisors on the
date show
ATTESTED.
PEAL BATC LOR, Clerkof the Board
of Atmervis s nd Co dministrator
SU Deputy
I
98/605