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HomeMy WebLinkAboutMINUTES - 06191984 - X.8 TO: BOARD OF SUPERVISORS Contra FROM: Supervisor. Nancy Fanden Costa ointyDATE: June 19, 1984 C SUBJECT: payment of second half of real estate taxes , discounted amount ` SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION Informational: A constituent of mine recently brought to my attention information regarding Senate Bill 1045 . This bill , chaptered as 534, added Section 2607.1 to the Revenue and Taxation Code in 1983 . The statue states: "Upon authorization of the Board of Supervisors, the tax collector shall accept payment of the second installment of the tax on real property at a discounted amount, as established annually by the Board, if payment is made on or before the date the first installment is due. " It is possible that this permissive statute may provide a vehicle to improve county cash flow or supply a method of capitalizing on encouragement of early tax payment. Recommended Action: I request that this matter be referred to the County Administrator and the tax assessor for information and analysis and to formulate a recommendation for the Board of Supervisors as to the implementation of such an ordinance. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON line 19 , 1984 APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS X UNANIMOUS (ABSENT II ) 1 HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. CC: County Administrator ATTESTED June 19 , 1984 Treasurer-Tax Collector J.R. OLSSON, COUNTY CLERK Assessor A D EX OFFICIO CLERK OF THE BOARD Supervisor Fanden0001619 M382/7-83 BY DEPUTY Ke a I noun