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HomeMy WebLinkAboutMINUTES - 06151993 - 1.19 To: Board of Supervisors From: Dennis C. Graves Deputy County Counsel ' on rE Date: June 2, 1993 Costa Re: Cellular Telephone Cases ' Count ,y°aightr Background The State Board of Equalization (SBE) assesses cellular telephone companies. The local assessors have no role in such assessments. For some time, cellular companies have disputed the methodology and valuation results of the SBE's assessments. Several lawsuits have worked through the courts and several more are about to be filed. After considerable negotiation, the SBE has reached a tentative "global settlement" agreement with the cellular companies on these issues, for prior years, the current year, and future years through 1997-8. Fiscal Impact The settlement appears to us to be quite favorable. Under the settlement, the Counties are expected to see a reduction in revenues only for 1993-4, and that reduction should be modest. For subsequent years, assessments should be increased from current levels. Significantly, if the Agreement is carried out through 1997-8, the cellular companies will have waived all claims for refund of current and prior year taxes. Thus, the possibility of refunding approximately $70,000,000 (Statewide) would be avoided. Recommendation We recommend the Board approve the proposed settlement and authorize the County Counsel's Office to sign all documents and take all actions necessary to Implement the proposed settlement. -- CONTINUED ON ATTACHME YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD MM EE APPROVE OTHER SIGNATURE (S): ACTION Of BOARD ON JUN f 5 i993 APPROVED AS RECOMMENDED _ 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 SUPERVISORS ON THE DATE SHOWN. CC: County Counsel ATTESTED June 15 1993 County Administrator PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR BY^ .._... DEPUTY