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HomeMy WebLinkAboutMINUTES - 03301993 - 2.2 ti 2 —.2 .TO: BOARD OF SUPERVISORS Contra s. FROM: Costa Phil Batchelor, County Administrator n: c:. z County DATE: mac. ------6ii�'�•qty March 30, 1993 SUBJECT: PROPERTY TAX LOSSES DUE TO REDEVELOPMENT AGENCY SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: Accept the report of County property tax losses to Redevelopment Agencies . BACKGROUND: There are 15 redevelopment agencies in the County which receive all or part of the annual property tax increases within their respective jurisdictions. If these redevelopment agencies did not exist, the County and other taxing agencies would receive the annual increase in property tax revenues . The amount of revenue loss to the General Fund over the last nine years is presented in attachment A. Note that the County General Fund will lose $12 . 6 million this fiscal year. Moreover, the annual rate of losses to redevelopment agencies has generally exceeded the annual rate of increases for the County General Fund. Attachment B presents the property tax losses to redevelopment agencies from all taxing agencies in fiscal year 1992-93 . Note that over $53 million will be allocated to redevelopment agencies this fiscal year, of which 35% or over $18 million will come from the County and County Special Districts . CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATUREM: : ACTION OF BOARD.ON March 30, 1993 APPROVED AS RECOMMENDED OTHER X REQUESTED the County Administrator to send letters to all cities that are using the tax increments that had gone to fire districts to identify when they may be able to begin repaying or contributing back to the base fire district budgets where those tax increments originated; and REQUESTED the inclusion of a footnote on the Auditor's Report (Attachment B) to reflect that the Redevelopment Agency of Contra Costa County has held harmless those special districts providing vital services and to distribute that report to the fire districts and cities. VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE .22L 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 DATE SHOWN. CC: County Administrator ATTESTED March 30, 1993 Auditor-Controller PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR BY J c DEPUTY M382 (10/88) 61 1�1 Attachment A 60 0� 60 60 4ft to to 619. CO CO n CA .� w CO00 � N CO 00 V W.CO �V �. � o CO ::: �D rD CO 00 0 to 00 CD ::> V 00 �D to O ® v� W X 4A Co to0 :::.:::::.:..:::.:::::::::.:::.:::..:.::.:...:.:.:::::.::.::.:::.::..:..::.::::::.::.::.::::.:::::: 0 r K) (AW CO O N W N ... N �. O Attachment B Office of COUNTY AUDITOR-CONTROLLER RECEIVED 625ntra Courtosta St. ,CRoomy103 0V ' � 1992 Martinez, California Office of 94553 �t4 AdminiSt►'at, November 10, 1992 TO: Phil Batchelor, County Administrator Attention: Antnony Enea, Senior Deputy - General Government FROM: Kenneth J. Corcoran, Auditor-Controller By: Stephen Ybarra, Property Tax Manager SUBJECT: 1992-93 Redevelopment Agency Increments/Losses to Agencies (Estimated) The following are being provided regarding redevelopment agency. tax increments and the corresponding taxing agency tax losses. Redevelopment Redevelopment Agency Tax Increment Antioch $4,475,767 Brentwood 1,199,972 Clayton 1,346,221 Concord 9,604,886 Danville 469,357 El Cerrito 1,491,136 Hercules 1,158,447 Pleasant Hill 1,101,056 Pinole 4,039,414 Pittsburg 11,121,862 Richmond 6,459,713 San Pablo 4,693,710 San Ramon 1,045,425 Walnut Creek 805,304 Contra Costa County 4,473,627 Total 53,485,897 Estimated Taxing Agency Property Tax Loss County General $12,635,134 County Library 664,524 West County Fire Protection District 687,574 Riverview Fire Protection District 1,938,965 East Diablo Fire Protection District 50,401 Contra Costa Fire District 2,156,900 Rodeo Fire Protection District 99,266 San Ramon Valley Fire Protection District 261,410 Other County Special Districts 378,671 All Others 34,613,052 Total 53,485,897 The above calculations are based only on the equalized (beginning) assessment roll and do not include supplemental roll tax increments and unitary and operating non-unitary (UAONU) tax revenues.