HomeMy WebLinkAbout06-125Resolution No.
RESOLUTION FIXING TAX RATES 1N THE COUNTY OF BUTTE
FOR FISCAL YEAR 2006-2007
WHEREAS, California Constitution Article XIII-A as approved by the
voters as Proposition 13 at the June 6, 197$ 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 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
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 2006-2007 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 fx 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 2006-2007
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. 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 2006-
2007 Secured Property Tax RoII, 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 22nd day of August, 2006 by the following vote:
AYES: Supervisors Connelly, Dolan, Roux, Yamaguchi and Chair Josiassen
NOES: None
ABSENT: None
NOT VOTING: None
urt Jo 'assen, Chair, Butte
oard of Supervisors
ATTEST:
PAUL MC 1NTOSH, Chief Administrative Officer
and Clerk of the Board of Supervisors
r A
BUTTE COUNTY BOARD OF SUPERVISORS
SCHOOL DISTRICT AND SPECIAL DISTRICT
DEBT SERVICE TAX RATES
For Fiscal Year 20UG-07
TAX RATE PER 100 FULL TAXABLE VALUE
Exhibit "A"
Descri tian Year of Issue Rate
School District Bond Redemption and Interest:
Chico Unified School District 1998 R1=FUNDING 0.021134
Thermalito Un School District 2004 0.009903
Chico Unifed School District 1998 A 0.013465
Manzanita Elementary School District 2000 0.069265
Butte-Glenn Community College District 2002 A 0.012847
Oroville City Elementary School District 2002 0.018679
Oroville High School District 2002 A 0.009738
Oroville High School District 2002 B 0.007503
Butte-Glenn Community College District 2002 B 0.008033
Marysville Joint Union School District 2006 0.052102
Other Bonds:
Lake Madrone Water District 1976 1.020000
Other Voter A roved Indebtedness:
Paradise Unifed Lease Purchase 199412Q02 0.050000
(Measure MlMeasure E}
N: #571 Tax Bill Calculations) Letter