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HomeMy WebLinkAboutRESOLUTIONS - 01012001 - 2001-416 0,/477 TO: BOARD OF SUPERVISORS CONTRA COSTA FROM: KENNETH J. CORCORAN, Auditor-Controller COUNTY DATE: September 11, 2001 SUBJECT: Adoption of 2001-2002 Secured Property Tax Rates and Authorization to Levy the 2001-2002 Property Tax Roll RESOLUTION NO. 2001/416 SPECIFIC REQUEST(S) OR RECOMMENDATIONS) &BACKGROUND AND JUSTIFICATION Recommendation: Adopt the fiscal year 2001-2002 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 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 2001-2002 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: a- ECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF OARD COMMITTEE _: K PROVE OTHER SIGNATURE(S) r ACTION OF BO DON APPROVED AS RECOMMENDED 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 SUPERVISC0�8"'QN THE DATE SHOWN. ATTESTED ,,YYJJ(( !2G Contact: Paul Abelson (646-2233) J6hn Sweptert- LERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAO AUDITOR BY Deputy RESOLUTION NO. 2001/416 TaxRateResolution.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 county's collection fees. Amount to be raised Rate as Percentage on Secured Roll of Full Value Countywide tax $870,920,000 1.0000 COUNTY SPECIAL DISTRICTS Storm Drainage District #16 4,900 .0015 County Service Area R-8 459,200 .0050 LOCAL SPECIAL DISTRICTS WATER DISTRICTS: Contra Costa Water Land Levy 726,400 .0078 HOSPITAL DISTRICT: Los Medanos Hospital 699,900 .0318 SCHOOL DISTRICTS ELEMENTARY: Brentwood Elementary 621,300 .0273 Brentwood Elementary 1997 690,300 .0304 Lafayette Elementary 1,686,400 .0472 Moraga Elementary 746,500 .0378 Orinda Elementary 873,100 .0313 Walnut Creek Elementary 1,243,200 .0210 Oakley Elementary 596,600 .0434 HIGH SCHOOL: Acalanes Union 1997 2,283,600 .0160 Acalanes Union 2,480,900 .0180 Liberty Union 730,200 .0152 Liberty Union 1994 1,694,800 .0326 UNIFIED SCHOOL DISTRICTS: Martinez Unified 2,029,100 .0546 Martinez Unified 1995 1,565,600 .0421 Pittsburg Unified 1,151,600 .0377 West Contra Costa Unified 2,568,800 .0180 West Contra Costa Unified 2000 983,200 .0069 San Ramon Unified 1998 8,817,100 .0470 RESOLUTION NO. 2001/416 BONMI02.,W&h"t 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: Livermore Joint Unified 1999 .0820 East Bay Regional Park .0072 East Bay MUD Dist 1 .0084 CITIES: Hercules .0185 Lafayette .0205 Richmond Retirement .1400 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2001-2002 Rate as Percentage of Full Value Countywide Tax 1.1104 (UNITARY) RESOLUTION NO. 2001/416 BONW102x1e E.Nbil B