Loading...
HomeMy WebLinkAbout08-107~: G4UNTY 4F BUTrI'I~', STATE OF +~ALtFC~-RNfA ~, ,~~ ~~ ~~~•G~~~ y ~''+a~~~nsr+*~` ~~- ~'~~~~`t31C~hi1r't ~~) 08-107 RESOLU"PION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR 2008-2009 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~/c~) 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 Co implement the provisions of said Article X[II-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 obligatian 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 gates 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 2008-2009 fiscal year; NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors of the County of Butte, State of California, as follows: L 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 2008-2009 Secured Property Tax Roll as compiled by the County Assessor and the State Board of Equalisation. 2. "1 hat 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 Boarcl 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 2008- 2009 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 19th day of August, 2008 by the followin~~ vole: AYES: Supervisors Connelly, Kirk, Yamaguchi, Dolan, and Chair Josiassen NOES: None ABSENT: None N'OT VOTING. None 1 ,, .'~.~. Curt ,~osiassen, Chair, Butte County Board of Supervisors ATTEST: C. Brian Haddix, Ohief Administrative Officer and Clerk of,fhe Board r ~ ,- e BUTTE COUNTY BOARD OF SUPERVISORS SCHOOL DISTRICT AND SPECIAL DISTRICT DEBT SERVICE TAX RATES For Fiscal Year 2008-09 TAX RATE PER 5100 FULL TAXABLE VALUE Exhibit °A° Description Year of Issue Rate School District Band Redemption and Interest: Ghico Unified School District Thermalito Un School District Chico Unified School District Chico Unified School District Manzanita Elementary School District Butte-Glenn Community College District Qroville City Elementary School District Oroville High School District Oroville High School Dlsirict Butte-Glenn Community College Distract Other Bonds: 1998 REFUNDING 0.017134 2004 0.013331 1998 A 0.010098 1 ggg g 0.010858 2000 0.056109 2002 A 0.010077 2002 0.017366 2002 A 0.008625 2002 B 0.006383 2002 B 0.(?10803 Lake Madrone Water District 1976 1.020000 Other Voter Approved Indebtedness: ParacJise Unified Lease Purchase (Measure MlMeasure E} MJUSD Go Bond 2006 MJUSD Go Bond 2008 Yuba Community College District Yuba Community College District 199412002 0.050000 2006 0.014100 2008 0.028836 2006 A 0.006913 2006 B 0.009087 N: #57\ Tax Bill Calculations) <-etter