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HomeMy WebLinkAboutMINUTES - 06241986 - 1.41 TO: BOARD OF SUPERVISORS 1-041 FROM: Phil Batchelor +,,��,,rr���t,,,a CWCounty Administrator � DATE: June 16, 1986 @ Coin SUBJECT: Legislation: Assembly Bill 2475 (Vuich) SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION• Adopt a position of support for AB 2475 by Senator Vuich. Prior to Proposition 13 , counties were, in effect, able to reimburse themselves for the cost of levying, collecting, and administering the property tax by setting the tax rate at a level that would adequately fund the Assessor, Tax Collector, and Auditor-Controller. With the passage of Proposition 13, all local taxing jurisdictions have had their property tax revenue reduced by approximately one-half. Counties sustained proportionately the same reduction as other taxing jurisdictions, but continued to carry the full burden of administering the property tax for all local jurisdictions. Senator Vuich has introduced SB 2475 in an effort to at least partially remedy this inequity. SB 2475 would enact a fairly complex formula for determining the "non-county cost shortfall" of administering the property tax. This is done by determining the proportion of the cost of administering the property tax in 1977-78 which was for non-County jurisdictions. A similar proportion is then determined for the 1979-80 fiscal year. The Auditor then determines a "non-county cost ratio" by dividing the 1977-78 non-county cost by the 1977-78 property tax revenue for the County. This ratio is then applied to the 1979-80 non-county cost by subtracting from the 1979-80 non-county cost the non-county cost ratio multiplied by the 1979-80 property tax revenue for the County. This provides the 111979-80 non-county cost shortfall" . The Auditor finally determines the "non-county cost shortfall" by multiplying the 1979-80 non-county cost shortfall by the ratio of the 1986-87 property tax revenue allocated to the County divided by the 1979-80 property tax CONTINUED ON ATTACHMENT: _ YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): G/1 . ACTION OF BOARD ON June 24, 198b APPROVED AS RECOMMENDED X, OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATES SHOWN. cc: County Administrator ATTESTED Auditor-Controller ---- -- PHIL OATCHELOR, CLERK OF THE BOARD OF Treasurer-Tax Collector SUPERVISORS AND COUNTY ADMINISTRATOR Assessor Senator Rose Ann Vuich _ Kathy Snodgrass, Jackson/Barish BY DEPUTY M382/7-83 Exec. Dir. , CSAC Page 2 allocated to the County. In formula form this might be displayed as follows: (B-C) D (E-FA ( E } F G X = ( E ) C F Where: X = Non-county cost shortfall A = Cost of administering the 1977-78 property tax B = Total 1977-78 property tax revenue C = 1977-78 county share of property tax revenue D = Cost of administering the 1979-80 property tax E = Total 1979-80 property tax revenue F = 1979-80 county share of property tax G = 1986-87 county share of property tax The Auditor-Controller has not made any precise calculations of what this formula might mean when applied to this County, but his preliminary estimate is that we would recover about one-quarter of 70% of the current cost of administering the property tax. This would probably result in additional county revenue in excess of $1, 000,000 for the 1986-87 fiscal year. This revenue to the county would be kept by the county before property tax allocations are made to other jurisdictions.