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HomeMy WebLinkAbout05-109•~: V~rrrrru~q~•~ ~y ~• • •v" } t Y + ~ .r, • ~; s' ~~ ~: ~~ B~Aitt? ~?F ~IIP~~V~~~~3 ~~ :'~ ~. ~~~~ : •' N COfiJIVTY OF BUTTE STATE 4F CALI~QRNIA ••........• ' ~ Resolution No. 05-109 ~~~~ C~V~~~~ RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR ?005-?006 WHEREAS, California Constitution Article XIII-A as approved by the voters as Proposition 13 at the June 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 WHEREAS, the State Legislature has enacted statutes to implement the provisions of said Article XIII-A; 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 1, 1978; and WHEREAS, Section 1.35 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 frill 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 WHEREAS, 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, Title 3 (Section 29100 et seq) of the Government Code, for the 200.5-2006 fiscal year; NOW, THEREFORE, BE IT RESOLVED 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 fii11 taxable value to be applied to the total taxable property included on 2005-2006 Secured Property Tax Roll as compiled by the County Assessor and the State Board of Equalization. 2. That the revem-es derived from said tax rate and levy shall be distributed to the various faxing entities in the Cou-1ty, as prescribed by statute, by the County Auditor; and 3. That said Board does hereby fix various tax rates per one hundred dollars ($100.00) of full taxable value, as hereinafter set forth in exhibit "A", to be applied to the taxable values within the boundaries of the respective entities on the 2005- 2006 Secured Property Tax Roll, as compiled by the County Assessor and the State Board of Equalization, to raise revenues to meet annl-al 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 1 aw. PASSED AND ADOPTED by the Board of Supervisors of the County of Butte, State of California, this 30th day of August, 2005 by the following vote: AYES: Supervisors Connelly, Dolan, Houx, Josiassen and Chair Yamaguchi NOES: None ABSENT: None NOT VOTING; None Kim Yamaguchi, Chair, Butte County Board of Supervisors ATTEST: PAUL MC INTOSH, Chief Administrative Officer and Clerk of the Board of Supervisors BUTTE COUNTY BOARD OF SUPERVISORS SCHOOL DISTRICT AND SPECIAL DISTRICT DEBT SERVICE TAX RATES For Fiscal Year 2005-06 TAX RATE PER $100 FULL TAXABLE VALUE Exhibit "A'° Description Year of Issue Rate School Districf Bond Redemotlon and Interest: Chico Unified School District Themalito Un School District Chico Unified School District Manzanita Elementary School District Butte-Glenn Community College District Oroville City Elementary School District Oroville High School District Oroville High School District Butte-Glenn Community College District Other Bonds: Lake Madrone Water District Other Voter Approved Indebtedness: Paradise Unified Lease Purchase (Measure M/Measure E) 1998 REFUNDING 0.022484 2004 0.022990 1998 A 0.012840 2000 0.067240 2002 A 0.005113 2002 0.019335 2002 A 0.011180 2002 B 0.005717 2002 B 0.015767 1976 1.250000 1994/2002 0.050000 N: #571 Tax Bill Calculations) Letter