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HomeMy WebLinkAboutRESOLUTIONS - 05102004 - 2004-480 TO: BOARD OF SUPERVISORS CONTRA COSTA FROM-. STEPHEN J. YBARRA, Auditor-Controller COUNTY By: Paul Abelson, Chief Accountant DATE: September 14, 2004 SUBJECT: Adoption of 2004-05 Secured Property Tax Rates and Authorization to Levy the 2004-05 Property Tax Roll RESOLUTION NO. 20(0+/480 SPECIFIC REQUEST(S) OR RECOMMENDATIONS} &BACKGROUND AND JUSTIFICATION Recommendation: Adopt the fiscal year 2004-05 secured property tax rates as shown on Exhibit A, attached. Authorize the levy of these rates and those adopted by cities and multi-county districts, as shown in Exhibit B, against the taxable secured property within the County that is subject to each rate. The anticipated revenues specified in Exhibit A ate subject to changes in the secured roll. Adopt and levy the 2004-05 tax rate shown on Exhibit B for the Unitary and Operating Non- Unitary property assessed by the State Board of Equalization with a single countywide value. Reasons for Recommendation: Under Government Code Section 29100, the Board of Supervisors is responsible for the adoption by resolution of the tax rates for the current year secured property tax roll. The General Obligation bond rates are provided by the Auditor at a level adequate to support the annual debt service requirements and necessary bond reserves, Government Code Section 29101 requires that the Board levy these rates on the appropriate taxable property in the County. Revenue & Taxation Code Section 100(b) provides for the tax rate to be applied to the Unitary and Operating Non-Unitary property CONTINUED ATTACHMENT: X _YES SIGNATURE: --A.--RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE -APPROVE OTHER SIGNATURE(S) APPROVED AS RECOMMENDED ACTION OFB R 0 MENDED .944EIk VOTE OF SUPERVISORS -X-UNANIMOUS (ABSENT--Z?I-t-011� I HEREBY CERTIFY THAT THIS IS A TRUE AND AYES:- NOES:­­ CORRECT COPY OF AN ACTION TAKEN AND ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD 141 E�'V"ORI ON THE DATE SHOWN _ a _ _ ATTESTED i&;� _ JO SW N CL 0 Contact! Paul Abelson (646-2233) SWEETEN. SUPERVISORS AND COUNTY ADMINISTRATOR cc: CAO AUDITOR BY Deputy RESOLUTION NO. 2004/48D TaxRateResolufion.doc Exhibit A COUNTYWIDE TAX AND TAX RATES CALCULATED BY THE AUDITOR Government Code Section 29142 allows a collection fee for debt service requirements on brands authorized and issued by special districts up to one-fourth of one percent. The tax amounts and rates for special districts include an additional one-fourth of one percent as the County's collection fee. Amount to be raised Rate as Percentage on Secured Roll of Full Value Countywide tax $1,125,433,000 1.0000% COUNTY SPECIAL QISTRICTS Storm Drainage District#16 5,000 0012 Service Area R-8 465,400 .0042 LOCAL SPECIAL DISTRICTS WATER DISTRICTS: Contra Costa Water Land Levy 726,600 .0057 HEALTHCARE DISTRICTS: Los Medanos Healthcare Dist Refund* (850,000) {.0370} SCHOOLISTt3 RICTS ELEMENTARY: Brentwood Elementary 1990 592,300 .0127 Brentwood Elementary 1997 986,800 .0212 Brentwood Elementary 2003 829,400 .0178 Lafayette Elementary 1,836,800 .0415 Moraga Elementary 803,200 .0344 Oakley Elementary 595,500 .0314 Orinda Elementary 848,600 .0247 Walnut Creek Elementary 1995 1,222,300 .0168 Walnut Creek Elementary 2002 351.600 .0049 HIGH SCHOOL: Acalanes Union 1988 2,494,100 .0149 Acalanes Union 1997 2,462,500 .0141 Liberty Union 2001 1,920,200 .0221 Liberty Union 1988 652,000 .0081 Liberty Union 1994 1,629,100 .0187 UNIFIED SCHOOL DISTRICTS: John Swett 2002 489,600 .0273 Martinez Unified 1988 2,322,500 .0525 Martinez Unified 1995 1,757,400 .0398 Mt Diablo 2002 9,932.200 .0411 Pittsburg Unified 1995 1,199,900 .0309 San Ramon Unified 1998 5,281,000 .0218 San Ramon Unified 2002 7,240,000 .0299 West Contra Costa Unified 1998 2,980,900 .0161 West Contra Costa Unified 2000 8,682,900 .0469 West Contra Costa Unified 2002 9,686,600 .0523 COMMUNITY COLLEGE: Contra Costa Community College 4,593,000 .0042 *The LMCHD bond matured this past year;the District is returning the remaining Reserve funds to taxpayers through a negative tax rate. RESOLUTION NO. 2004/480 btlNpOibbri.H+EeA4kA Exhibit B TAX RATES ADOPTED BY OTHER DISTRICTS Per certifications received from the governing body of each district. Rate as Percentage of Full Valve MULTI-COUNTY DISTRICTS: East Bay Regional Park .0057 % East Bay MUD Dist 1 .0076 Livermore Joint Unified 1999 .4793 Chabot-Las Positas Comm College .0186 CITIES: Brentwood .4051 Lafayette .0210 Richmond Retirement .1400 TAX LEVY FOR UNITARY AND OPERATING NON-UNITARY PROPERTY FOR 2044-2045 Rate as Percentage of Full Valve Countywide Tax 1.2063 % (UNITARY) RESOLUTION NO. 20041480 BOW040AA.A.EAU 8