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HomeMy WebLinkAboutRESOLUTIONS - 09092004 - 71-177 IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, STATE',OF CALIFORNIA In the Matter of Changes } of the Assessment Roll } RESOLUTION NO. 71/177 of Contra. Costa. County } } WHEREAS, the County Assessor having filed with this Board requests for correction oferroneous 'assessments, said requests having been consented to by the sri a4sterse County Counsel, NOW, THEREFORE, BE IT RESOLVED that the County Auditor is authorized to correct the following assessments: For the Fiscal Year 196 - 19f6U It has been ascertained by audit of the assessee c s records that the assessee failed to report accurately taxable 'tangible' prop- erty to the extent thatthisfailure caused the assessor not to assess the property or to assess it at a lower valuation than he would have entered on the roll if the property had been reported accurately) therefore, that portion of the property inaccurately reported should be assessed as escaped assessment pursuant to Section 531.4 of the Revenue and Taxation Code,; and interest on taxes thereon should be added in accordance with Section 506 of the Revenue and Taxation Code; and, F""TETE, it has been ascertained by audit of the assessee's books of accountor other papers that there has been a> defect of description or ,clerical error of the assesses in his property state- ment or in tither information or records furnished by the assesses which caused the assessor to assess taxable tangible property at a substantially higher valuation than he would :have entered on the roll had the information been correctly furnished therefore, such error on the roll should be corrected in accordance with Section 4B31.5 of the Revenue and Taxation ' Cade; further, such error caused the assessor to erroneously allow business inventory exemption and, therefore, an escaped assessment in the amount of the portion of the exemption incorrectly allowed because of suoh erroneous or incorrect information submitted by the taxpayer should be entered as escaped assessment pursuant to Section 53 ,.5 of the Revenue and Taxation Code together with interest on taxes pursuant to Section 506 of the Revenue and Taxation Cade. And, in aoeordanee with Section 533 of the Revenue R. d. SEATCN Assistant Assessor Page 1 of 2 RES OLUTI H 140. 71/177 and..:Ta eition .Gide the asises'sed values err ne�busl r>illegally assessed should' be offset against the proposed escaped assesavient for the same, tam Year; and, if such values exceedthe proposIad', escaped assessment for the same gear, tete asse580x► has notified the assesses that hs may file a claim for Cancellation orrefund _ as provided' by Sections 4986 or 5096 of the Revenua and Taxation Crede., FUI119R, the assessor peti.tians the Board; of Supervisors to authorize the Auditor to maks. such entries effective as if entered December 1 70sxxasmucla as the assessor has heretofvra been unable to complete valid procedures vhi h were requested and would have been completed by that d,ats In Code Area 79096 Parcel So, 133-170-0,4, Giayton Valley Lumber and. Building Materials, Ina. , 'should have 11 entered the following Class QriglUal Carreeted Amount Pertinentof Assessed Assessed. of everue & T Ution Property Value value G...n s �eeti ems Pars Prop 4,590 3,260 -1-3 3Q 463l4� Corr ec ti.on 1mPs 3,160 .3,99 � �3� 5314A 8scaped assort; Bus Inv -��, p -3,11313 •5 Sscapedssmt 5€ S Net Offset ,. 17 533 Asses-see, has been n.atif'ied. hereby con.<ent to the above cnax ,s an: sarreti.cns: zi- TON JOHN h. C USM., County Counsel Assistant ,Assessor >, Copies to; Assessor (Mrs. fettle) Deputy :auditor Tax Collector ADOPTED by the Board thi s16th day of Jjar ch, 1971. Page 2 of 2 R-EIS }LUTION `N,, . 71/17