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HomeMy WebLinkAboutMINUTES - 03121996 - C24 TO: BOARD OF SUPERVISORS `�E"SE;L••_ Contra 1 FROM: PHIL BATCHELOR, COUNTY ADMINISTRATOR Costa March 6 1996 Sri --- DATE: rrq COW- County SUBJECT: LEGISLATION: SB 1845 (Leslie) - ONE-TIME WINDFALL TO THE SCHOOLS BECAUSE THE COUNTY IS A "TEETER" COUNTY SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: AGREE to SUPPORT SB 1845, authored by Senator Tim Leslie, if it is amended to allow the five original "Teeter" counties a one-time credit against the transfer of property taxes to the schools, as was done with counties which were newly converting to being "Teeter" counties. BACKGROUND: A county has two options in distributing property taxes to other taxing jurisdictions: 1) distribute property taxes periodically as they are received, or 2) opt to become a "Teeter' county, which provides an alternative method of distributing property taxes. Under this alternative, the County guarantees each taxing jurisdiction its proper share of property taxes and distributes that revenue to the other taxing jurisdiction, regarding of when or whether the property taxes are actually paid. The County establishes a Tax Loss Reserve Fund to insure that the County will eventually be reimbursed for any delinquent taxes which have already been distributed to other taxing jurisdictions. Because the County keeps all penalties and interest on delinquent taxes, it is able to insure that the County General Fund never loses any money from having advanced the property taxes to the other taxing jurisdictions. This alternative has been available to counties for several decades, but until the 1994-95 fiscal year only five counties took advantage of these alternative provisions (Contra Costa, Siskiyou, Modoc, EI Dorado & Solano). 101 CONTINUED ON ATTACHMENT: YES SIGNATURE:&".4z RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE( . �/! LWze=C, ACTION OF BOARD ON March 17 1 Q96 APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS(ABSENT #3 ) 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. ATTESTED March 12, 1996 Contact: County Administrator PHIL BATCHELOR,CLERK OF THE BOARD OF cc: Auditor-Controller SUPERVISORS AND COUNTY ADMINISTRATOR Les Spahnn; Heim, Noack, Kelly&Spahnn 1121 L Street, Suite 100 Sacramento, CA 95814 BY DEPUTY 10i Those counties that first implemented the "Teeter" provisions for the 1994-95 fiscal year were allowed to keep what otherwise would have been a one-time windfall for the schools. This would have occurred because in non-Teeter counties, property taxes are distributed as they are received. This means that the schools (and all other taxing jurisdictions) do not receive their share of property taxes which become delinquent until those taxes are actually paid. The advantage for other taxing jurisdictions in "Teeter counties" is that the county fronts the property taxes for all other jurisdictions and reimburses itself from the property taxes and interest and penalties when the property taxes are paid or ultimately from the Tax Loss Reserve Fund. When a county switches from "non-Teeter" to "Teeter" status, all the other taxing jurisdictions receive a one-time bonus because they no longer have to wait to receive their share of delinquent taxes. When the property tax shift was made for the 1994-95 fiscal year, Revenue & Taxation Code Section 97.3(a)(5) was added to allow as a credit against the property taxes which were being transferred to the schools, the schools' share of the delinquent property taxes where the county was also switching to becoming a Teeter county. Since the schools now receive the single largest share of the property taxes in most counties, they would also have received the largest benefit from having the county switch to being a Teeter county. This windfall, which the State would ultimately have received since the larger transfer of property taxes to the schools would have reduced the State's obligation to the schools, was left with the county in the form of a credit against what was being transferred to the school through the ERAF. The five original "Teeter" counties were disadvantaged when the bulk of the other counties became Teeter counties in 1994-95, because since they were already "Teeter" counties, the schools received all of the transfer, including the current year delinquencies. As a result, these five counties were unable to offset their property tax transfer with this one-time "windfall", which the State ultimately received through reduced subventions to the schools. Senator Leslie has introduced SB 1845 which, as introduced, would simply extend through the 1996-97 fiscal year, the opportunity for counties to switch to being a "Teeter" county and take advantage of this one-time opportunity to retain what would otherwise have been a windfall. Senator Leslie represents two of the original "Teeter" counties (Modoc and EI Dorado). We are asking those counties to ask Senator Leslie to amend SB 1845 to permit the five original "Teeter" counties to retain their share of the delinquent taxes and penalties, as all other counties that have switch to being "Teeter" counties have been allowed to do. If Senator Leslie is willing to amend SB 1845 along these lines, we believe the Board of Supervisors should strongly support SB 1845. -2- SENATE BILL No. 1845 Introduced by Senator Leslie ' February 22, 1996 An act to amend Section 97.36 of the Revenue and Taxation Code,relating to local government finance, and declaring the urgency thereof, to take-effect immediately. LEGISLATIVE COUNSEL'S DIGEST SB 1845, as introduced, Leslie. Local government finance: property tax revenue allocations: Teeter Plan credit. Existing property tax law requires that, -for purposes of determining property tax revenue allocations in each county for the 1992-93 and .1993-94 fiscal years, the amounts of property tax revenue deemed allocated in the prior fiscal year to the county, cities, and special districts be reduced in accordance with certain formulas. It requires that the revenues not allocated to the county, cities, and special districts as a result of these reductions be transferred to the . _.: :..: .r. ; Educational Revenue Augmentation Fund in that county for y allocation to school districts, community college districts, and the county office of education. Existing law modifies these reductions and transfer provisions by decreasing a county's -� reduction and transfer .amount, attributable in the 1994-95 fiscal year to the reduction determined for that county for the 1993-94 fiscal year, by the amount of increased allocations made in the 1994-95 fiscal year to certain educational entities as a result of the county's adoption for that fiscal year of a specified alternative method for the distribution of ad valorem property tax revenues. 99 SB 1845 — 2 — This bill would expand this modification to also decrease a county's reduction and transfer amount, attributable in the 1996-97 fiscal year to the reduction determined for that county in the 1993-94 fiscal year, by the amount of increased allocations made -in. the 1996-97 fiscal year to certain educational entities as a result of the county having first adopted for the 1996-97 fiscal year that same specified alternative method for the distribution of ad valorem property tax revenues. By imposing new duties upon county auditors in the annual allocation of ad valorem property tax revenues, this bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason. This bill would declare that it is to take effect immediately as an urgency statute. Vote: 2/3. Appropriation: no. Fiscal committee.: yes. State-mandated local program: yes. The people of the ,State of California'do enact as follows.• 1 SECTION 1. Section 97.36 of the Revenue and 2 Taxation Code is amended to read: 3 97.36. (a) Notwithstanding any other provision of 4 this chapter, for the 1994,4% designated fiscal year, the 5 amount of the revenue allocation-reduction with respect 6 to a qualified county that is attributable in that fiscal year 7 to the. reduction determined for that county for the 8 1993-94 fiscal year pursuant, to paragraph (1) of 9 subdivision (a) of Section 97.3 or its predecessor section 10 shall be -reduced by the amount of any increased - ed 11 revenues, allocated in the 4994L% designated fiscal year 1.2 in that county to a ."qualifying school entity" as defined 13 in paragraph (5) of subdivision (a) of Section 97.3 or its 14 predecessor section, that would not have been so . 15 allocated but for that county being a qualified county. For 99 - 3 — SB 1845 tse a 1 . purposes of this section, a "qualified. county" means a the 2 county or city or county that has first implemented for the that 3 1994-95 or 1996-97 fiscal year the alternative procedure ased 4 for the distribution of property tax levies that is •tain 5 authorized by Chapter 2 (commencing with Section first 6 4701) of Part 8. ified 7 (b) Forpurposes of this section, `designated fiscalyear` rem 8 means the 1994-95 fiscal year with respect to a qualified -inty 9 county that first implemented for the 1994-95 fiscal year tax 10 the alternative method for the distribution of property ocal 11 tax levies that is authorized by Chapter 2 (commencing 12 with Section 4701) of Part 8, and the 1996-97 fiscal year urse 13 with respect to a qualified county that first implemented ited 14 for the 1996-97fiscal ysar that same alternative method for 15 SEC. 2. No reimbursement is required by this act 16 pursuant to Section 6 of Article XIII B of the California fired 17 Constitution because this act provides for offsetting 18 savings to local agencies or school districts that result in .tely 19 no net costs to the local agencies or school districts, within 20 the meaning of Section 17556 of the Government Code. yes. 21 Notwithstanding Section 17580 of the Government 22 Code, unless otherwise specified,the provisions of this act 23 shall become operative on the same date that the act ►ws• 24 takes effect pursuant to the California Constitution. 25 SEC. 3. This act is an urgency statute necessary for the and 26 immediate preservation of the public peace, health, or 27 safety within the meaning of Article IV of the I of 28 Constitution and shall go into immediate effect. The facts the 29 constituting the necessity are: )ect 30 In order to provide timely and essential fiscal relief to rear 31 counties that have not received equal treatment with the 32 respect to the annual allocation of ad valorem property of 33 tax revenues, it is necessary that this act take effect tion 34 immediately. Lsed Tear ned r its so For 0 99 99