HomeMy WebLinkAboutMINUTES - 05191987 - 1.44 1 -044
TO BOARD OF SUPERVISORS
FROM: Phil Batchelor Contra
County Administrator
Costa
DATE'. May 13, 1987 County
SUBJECT: ���/
Legislation: Assembly Bill 297 (Klehs)
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND Alm JUSTIFICATION
RECOMMENDATION•
Adopt a position of opposition to AB 297 by Assemblyman Johan
Klehs which would exclude "fixtures" as defined from the
definition of property subject to the supplemental property tax.
BACKGROUND:
Under existing law, property which changes ownership, or which is
newly constructed after the lien date, is assessed on the date
the change in ownership occurs or on the date the new
construction is complete and is thereafter subject to the
supplemental property tax assessment.
Fixtures--which generally includes such items as equipment and
machinery--are currently subject to the supplemental property tax
as well as the buildings in which they may be contained.
Assemblyman Klehs has introduced AB 297 which would exclude
fixtures from the supplemental property tax roll. The County
Assessor estimates that the supplemental roll contains fixtures
valued at $100 million and that their exclusion from the
supplemental roll would result in a property tax loss to the
County General Fund alone of $250,000 per year. Other
jurisdictions of local government would likewise lose
approximately $750,000 per year.
AB 297 provides no reimbursement for the loss of property tax
revenue and this office, therefore, joins the Assessor in
recommending that the Board oppose AB 297 as amended in the
Senate on March 25, 1987 .
CONTINUED ON ATTACHMENT: YES SIGNATURE:
X RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
X APPROVE OTHER
SIGNATURE(S): C?/� /a� X v/ 1
ACTION OF BOARD ON May 19. 1987 APPROVED AS RECOMMENDED X_ OTHER _
VOTE OF SUPERVISORS
1 HEREBY CERTIFY THAT THIS IS A TRUE
X UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORf ON THE DATE SHOWN.
cc: County Administrator ATTESTED
County Assessor PHIL BATC LOR, CLERK OF THE BOARD OF
Jackson/Barlsh & Associates SUPERVISORS AND COUNTY ADMINISTRATOR
Assemblyman Johan Klehs
M382/7-83 BY 'DEPUTY