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HomeMy WebLinkAboutMINUTES - 09092003 - C.121 TO: BOARD OF SUPERVISORS CONTRA COSTA FROM: KENNETH J. CORCORAN, Auditor-Controller COUNTY DATE: September 9, 2003 SUBJECT: Adoption of 2003-04 Secured Property Tax Bates and Authorization to Levy the 2003-04 Property Tax Roll RESOLUTION NO.2oo3/548 SPECIFIC REQUEST(S)OR RECOMMENDATION{S} &BACKGROUND AND JUSTIFICATION Recommendation: Adopt the fiscal year 2003404 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. The anticipated revenues specified in Exhibit A are subject to changes in the secured roll. Adopt and levy the 2003-04 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 band 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 £ f YF 8 ,p CONTINUED ATTACHMENT:__X_YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF ARD COMMITTEE APPROVE OTHER .I v SIGNATURE(S) ACTION OF BOARD ON SnaENM APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS UNANIMOUS (ABSENT 1 I HEREBY CERTIFY THAT THIS IS A TRUE AND AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND ABSENT: V ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN, ATTESTEDS_9, 2003 Contact: Paul Abelson (646-2233) JOHN SWEETEN,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAO AUDITOR BY "" ✓ kc At Deputy RESOLUTION NO2003/548 TaxRateResolut(on.doc 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 flee. Amount to be raised Rate as Percentage on Secured Roil of Full Value Countywide tax $941,223,000 1.0000 % QOUNTY SPEgAL DISTRICTS Storm Drainage District #16 4,800 .0013 Service Area R-8 449,500 .0043 LOCAL SPECIAL DISTRICTS WATER DISTRICTS: Contra Costa Water Land Levy 721,400 .0063 HOSPITAL DISTRICT: Los Medanos Hospital 224,100 .0091 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 1990 646,200 .0177 Brentwood Elementary 1997 835,300 .0228 Lafayette Elementary 1,737,300 .0421 Moraga Elementary 703,100 .0323 Oakley Elementary 551,900 .0323 Orinda Elementary 736,700 .0231 Walnut Creek Elementary 1995 1,094,300 .0162 Walnut Creek Elementary 2002 432,900 .0064 HIGH SCHOOL: Acalanes Union 1988 2,463,400 .0159 Acalanes Union 1997 2,313,800 .0143 Liberty Union 2001 693,700 .0096 Llberty Union 1988 615,400 .0091 Liberty Union 1994 1,584,600 .0218 UNIFIED SCHOOL DISTRICTS: John Swett 2002 449,900 .0275 Martinez Unified 1988 2,093,600 .0534 Martinez unified 1995 1,826,100 .0466 Mt Diablo 2002 11,803,900 .0525 Pittsburg Unified 1995 1,064,400 .0274 San Ramon Unified 1998 4,807,300 .0216 San Ramon Unified 2002 3,230,300 .0145 West Contra Costa Unified 1998 2,008,500 .0123 West Contra Costa Unified 2000 7,448,300 .0454 West Contra Costa Unified 2002 7,985,100 .0487 COMMUNITY COLLEGE: Contra Costa Community College 3,768,600 .0038 RESOLUTION NO.2003/548 ![kW91M.Ya Effii41[A 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: East Bay Regional Park .0057 % East Bay MUD D[st 1 .0079 Livermore Joint Unified 1999 .0793 CITIES: Brentwood .0063 Lafayette .0210 Richmond Retirement .1400 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2003-2004 Rate as Percentage of Full Value Countywide Tax 1.1631 % (UNITARY) RESOLUTION NO.2003/548 SON06384.As bbM