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HomeMy WebLinkAboutRESOLUTIONS - 01011999 - 1999-509 TO: BOARD OF SUPERVISORS CONTRA COSTA FROM: KENNETH J. CORCORAN, Auditor-Controller COUNTY DATE: September 14, 1999 SUBJECT: Adoption of 1999-2000 Secured Property Tax Rates and Authorization to Levy the 1999-2000 Property Tax Roll RESOLUI`ION NO. 99/509 SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION Recommendatlon: Adopt the fiscal year 1499-2000 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 roil. Adopt and levy the 1999-2000 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.Remmixiendafion: 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 D COMMITTEE APPROVE OTHER SIGNATURE(S) / - 12 ACTION OF BOARD ON entem er PPROVED AS RECOMMENDED-L)L OTHER .� VOTE OF SUPERVISORS Nj 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 ._ .Seeptember 14, 1999 Contact: Paul Abelson (646-2233) PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR cc: CACI AUDITOR B Deputy RESOLUTION NO. 99/509 Resolution.doc