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HomeMy WebLinkAbout03-129+,.~Q~ svp,~•+., • k ~ ~' =~ BfJARD ~F S#~P'ER~~S~#tS` '~'•. ~ ~` .~. ;''`a:"'` C(.IUNTY OF B°UTTE, STATE O~ CALIFORNIA ~i+~("tr'••.....~..-~' +;~+ Resolution NO. 03-129 RI~SOLUTION FIXING TAX RATES IN THE C(~UN'hY OF BUTTE F'OR FISCAL YEAR 2003-2004 WHEREAS, California Constitution Article XllI-A as approved by the voters as Proposition 13 at the .lone 6, 1978 primary election, provides that property taxes levied on county assessed real property shall not exceed one percent (1.0%) of its full taxable value except for amounts required to meet payments on voter approved debt and assessments levied on other than an ad valorem base; and WIIEREAS, the State Legislature has enacted statutes to implement the provisions of said Article XIII-.4; and WHEREAS, Section 93 of the Revenue and Taxation Code provides that no taxing entity other than the County shall levy an ad valorem property tax except for the amounts needed to make annual payments on general obligation bonds or other indebtedness approved by the voters prior to July I, 1978; and WHEREAS, Section 135 and 93 of the Revenue and Taxation Code provide that the County shall levy an ad valorem property tax on all taxable value at a rate equal to one dollar ($1.00) per one hundred dollars ($100.00) of full taxable value, and that the revenue from such tax levy shall be distributed to all of the taxing entities within the County in accordance with prevailing statutes; and WHEREAS, amounts needed for annual voter approved debt payments, and the respective tax rates required to raise such amounts, have been determined by the County Auditor; and ~~'HERE_AS, it is incumbent on the Board of Supervisors to fix the tax rates for certain entities within the County, pursuant to Article 5, Division 3. 'T'itle 3 (Section 29100 et seq) of the Government Code, for the 2003-2004 fiscal year; NOW', "CIIEREFORE, BE IT RESOLVF_,D by the Board of Supervisors of the County of Butte, State of California, as follows: 1, That said Board does hereby fix a rate of one dollar (~ 1.00) per one hundred dollars ($100.00) of full taxable value to be applied to the total taxable property included on 2003-2004 Secured Property 'Tax Roll as compiled by the County Assessor and the State Board of Equalization. 2. That the revenues derived from said tax rate and levy shall be distributed to the various taxing entities in the County, as prescribed by statute, by the County Auditor; and 3. "hhat said Board does hereby fix various tax rates per one hundred dollars {$100.00) of full taxable value, as hereinafter set forth, to be applied to the taxable values within the boundaries of the respective entities on the 2003-2004 Secured Property Tax Roll, as compiled by the County Assessor and the State Board of Equalization, to raise revenues to meet annual payments on voter approved bonds and other indebtedness. Revenues derived from such tax rates and levies shall be distributed to the various entities pursuant to prevailing law. PASSED AND ADOPTED by the Board of Supervisors of the County of Butte, State of California, this 26th day of August, 2003 by the following vote: AYl?.S: Supervisors Dolan, Boux, Josiassen, Yamaguchi and Chair Beeler NOES: None ABSENT: None NOT VOI~ING. None f ,. r , R. J. BEELER, Chair, Butte County Board of Supervisors ATTEST: PAUL MC INTOSH, Chief Administrative Officer and Clerk of the Board of Supervisors ~",~ ' ,- By: -, t ~~ BUTTE COUNTY BOARD OF SUPERVISORS SCHOOL DISTRICT AND SPECIAL DISTRICT DEBT SERVICE TAX RATES For Fiscal Year 2003-04 TAX RATE PER $100 FULL TAXABLE VALUE Description Year of Issue Rate School District Bond Redemption and Interest. Chico Unified School District Chico Unified School District Manzanita Elementary School District Butte-Glenn Community College District Oroville City Elementary School District Oroville Union High School District Other Bonds: Richvale Sanitary Bond Lake Madrone Water District Other Voter Approved Indebtedness: Paradise Unified Lease Purchase {Measure M/ Measure E) 1998 REFUNDING 0.025045 1998 A 0.016033 2000 0.082307 2002 0.017110 2003 0.022224 2003 0.027247 1979 0.007814 1976 1.250000 199412002 0.050000 A: #57i Tax Bill Calculations\ Letter