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HomeMy WebLinkAboutRESOLUTIONS - 03071995 - 95-91 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA AND THE AUDITOR-CONTROLLER OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on March 7 , 1995; by the following vote: AYES: Supervisors Smith, DeSaulftier, Torlakson, and Bishop NOES: None ABSENT: Supervisor Rogers ABSTAIN: None and the Auditor-Controiler by his following signature. SUBJECT: Implementation of the ) Property Tax Administrative ) RESOLUTION NO. 95/_91 Cost Recovery Provisions of ) Revenue andff.Taxation Code ) section 95 . 3 . ) A public hearing having been held during the Board of Supervisors meeting on February 28; 1995 , on implementation of the property tax cost recovery provisions of Revenue and Taxation Code section 95 . 3 , as provided in Board of Supervisors ' Resolution No. 95/52, the Board of Supervisors, and the Auditor-Controller, hereby make the following findings and determination. A. Property Tax Administrative Cost Recovery 1 . On February 14 , 1995, the Auditor-Controller filed with the Clerk of the Board of Supervisors a report of the 1993-1994 fiscal year property tax-related costs of the Assessor, Tax Collector and Auditor, including the applicable administrative overhead costs permitted by federal circular A-87 standards, proportionally attributable to each local jurisdiction in Contra Costa County, in the ratio of property tax revenue received by each local jurisdiction divided by the total property tax revenue received by each local jurisdiction divided by the total property tax revenue received by all local jurisdictions in the county for the current fiscal year. The report included proposed charges against each local jurisdiction excepting school entities, for tAe local jurisdiction' s proportionate share of such administrative costs . 2 . On February 28, 1995 at the Board of Supervisors meeting a public hearing was held on the Auditor-Controller' s report, notice of which was given as required by law and by Board of Supervisors ' Resolution 95/52 . 3 . The report of , the Auditor-Controller filed on February 14 , 1995 is hereby adopted, and the Board of Supervisors and the Auditor-Controller find that amounts expressed in said report do not exceed the actual amount of 1993-1884 fiscal year property tax administrative costs proportionally attributable to local jurisdictions . i 4 . The additional revenue received by Contra Costa County on account of its 1993-1994 fiscal year property tax administrative costs pursuant to Revenue and Taxation Code section 95 . 3 shall be used only to fund the actual costs of assessing, collecting and allocating property taxes . An equivalent amount of the revenues budgeted to finance assessing, collecting and allocating property taxes in fiscal year 1994-1995 may be reallocated to finance other county services . In the event that the actual 1994-1995 costs for assessing, collecting and allocating property taxes plus allowable overhead costs are less than the amounts determined in the February 14 , 1995 report by the Auditor-Controller, the difference shall be proportionally allocated to the respective local jurisdictions which paid property tax administration charges . RESOLUTION NO. 95/ 91 -1-