Loading...
HomeMy WebLinkAboutMINUTES - 04091985 - 1.46 TO: BOARD OF SUPERVISORS Contra FROM: Phil Batchelor, County Administrator Costa DATE: March 19 , 1985 couqy SUBJECT: Legislation: Senate. Bill 917 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION• Adopt a position in support of Senate Bill 917 by Senator Vuich _ which would change the property tax lien date from March 1 to January 1. BACKGROUND: Current law designates March 1 as the date on which property owners are required to report all properties "owned, possessed, or controlled. . . " . This date was established when: ( 1 ) inventory tax was levied, and ( 2 ) inventories, especially farm grains, animals, etc. , were at their lowest point of the year. Exemption of inventories was adopted in 1979 , thus removing this problem. As commerce and manufacturing increased in the State, and the need for accounting practices for income tax purposes now is generally on a calendar year basis, the March 1 date has lost its significance. It is now required that after an end of the year closing, assets and disposals occurring after January 1 and until March 1 must be recomputed prior to filing property tax statements . To allow sufficient time to complete and file annual property statements, the final filing date is established by law as the last Friday in May. Increasing complexities, more accounts, and complications of the supplemental roll system, coupled with necessity to close postings early in June to allow computer printing of the roll, preclude timely completion and increase need to enter escapes and corrections. .This bill would establish an annual lien date more compatible with common business practice recordkeeping and allow sufficient time for distribution, completion, return, computation, and enrollment of annual required property statements prior to required date of July 1 for submission of annual assessment roll. CONTINUED ON ATTACHMENT: YES SIGNATURE: _ RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE _ APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS UNANIMOUS (ABSENT ) I 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. County Administrator /9�s CC: County Assessor ATTESTED 1 County Tax Collector County Auditor-Controller PHIL BATCHELOR. CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR County Counsel Legislative Delegation Mae2/��se BY DEPUTY