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HomeMy WebLinkAboutRESOLUTIONS - 01011998 - 1998-434 1 TO. BOARD OF SUPERVISORS CONTRA COSTA FROM: KENNETH J. CORCORAN, Auditor-Controller COUNTY DATE: September 1, 1998 SUBJECT: Adoption of 1998-99 Secured Property Tax Rates and Authorization to Levy the 1998.99 Property Tax Roll RESOLUTION NO. 98/434 SPECIFIC REQUEST(S)OR RECOMMENDATION(S)S BACKGROUND AND JUSTIFICATION Recommend ion: Adopt the fiscal year 1998-99 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 1998-99 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. Reasgns for ftcommendation: 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 BO#b COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON September 1,1998 APPROVED AS RECOMMENDED__X._OTHER VOTE OF SUPERVISORS _I-UNANIMOUS (ABSENT - I 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 September 1_. 1998 Contact: Paul Abelson (646-2233) PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAC? AUDITOR BY Deputy RESOLUTION NO. 98/434 Resolutlon.doc