HomeMy WebLinkAbout10-116RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE
FOR FTSCAL YEAR 2410-201~1
WHEREAS, Califarnia Constitution Article XIFI-A as approved by the
~oters as Proposition I3 at the June 6, 1978 p~mary election, provides that property taxes
levied on county assessed real property shall not exceed one percent (1.0%) of its full
taxable value except faz- amounts rec~uired to meet payments on voter approved deht and
assessments le~ied an ot~er than an ad valorem base; and
WHEREAS, the State Legislature has enacted statutes ta implement the
provisions af said Article XIII-A; and
WHEREAS, Section 93 of the Revenue and Taxation Code provides that
no taxing entity ath~r than the County shaIl levy an ad ~alorem property tax except for
the amounts needed to rr~ake annual paymenfis on general obligation bonds or other
indebtedness approved by the voters px-ior to ruly 1, 1978; and
WHEREAS, Section 135 and 93 of the Revenue and Taxation Code
provide that the County shall Ievy an ad valorem property tax on all tax~able value at a
rate equal to one dollar ($i.00) per one hundred dollars {$140.00} 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 requi~-ed to raise such ar~ounts, have been detezmined by the
County Auditor; and ~
WHEREAS, it is incumbent on the Board of Supervisors to fix the tax
rates for certain en~zCies within the County, pursuant to Article 5, Di~ision 3, Title 3
{Section 29100 et seq} of the Gove~ment Code, for the 2010-2011 fiscal year;
NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors af
the County of Butte, State of California, as follaws:
1. Tk~at said Board does hereby fix a rate of one dollar {$1.00) per
one hu~dred doilars ($140.00) of fuil taxable value to be
a~plied to the total taxable pxoperty included on 2010-2011
Secured Property Tax Roil as com:piled by the County Assessor
and the State Boa~rd o~Equalization.
2. That the revenues derived from said tax rate and levy shall be
disri~buted to the ~arious taxing entities in the County, as
prescribed by statute, by the County Auditor; and
3. That said Board does hereby f x various tax rates per one
h~dred dollars ($ I~0.00} o~ full taxable value, as hereinafter
set ~orth in exhibit "A", to be appiied ~o the taxable values
witl~in the boundaries of the respective entities an the
20I0-2011 Secured Properiy Tax Roll, as coz~r~pzled by the
County Assessor and the State Board of Equalization, ta raise
revenues to zneet annual payznents on voter approved bands
and other indebtedness. Revenues deri~ed fram such tax rates
and le~ies shall be distributed to the various entities ~ursuan~ ~o
prevailing law.
PASSED AND ADOPTED by the Baard of Supervisors of the County of
Butte, State of California, this 24th day of August, 2010 by the following vate:
AYES: Supervisors Do1an, Kirk, Lambert, Yamaguchi and Chair Coz~nel.I.y
NOES: ~one
,ABSENT: ~O~e
NOT VOTING. Nane
ATTEST:
Scc
an~
By
.
ia~~
Bi11 Connelly, Chair, Butte
County Board of Supervisors
ve Officer
BUTTE COIJNTY BOARD OF SUPERVISORS
SCHO~I~ DISTRICT AND SPECIA~ ~ISTRICT
DEBT SERVICE TAX RATES
Far Fiscal Year 2010-11
TAX RATE P~R 100 Fl1LL TAXABL~ VALUE
Exhibit "A"
Description Year of Issue Rate
Schoo! District Bond RedemAtion and lnterest:
Chico Unified School District 9998 REFl~NDING 0.015975
Thermalita Un School District 24Q~4 D.019211
Chico Unifed School District 9998 A 0.010Q37
C~ico IJnified 5choo[ District 1998 B 0.492251
Manzanita Elementary School District 2000 0.0591~4~
But#e-Glenn Communi#y College ~'tstrict 2Q02 A O.OQ7829
Oro~ille City Elementary School Disfricf 2002 Q.018664
Oro~ille Ffigh 5chool ~istrict 2002 A 4.0~8769
Oro~ille HigF~ Schoal District 2002 B 0.006678
Butte-GEenn Corr~munity CoElege District 2~02 8 0.007840
Oro~~lle High Schaol District 2aD8 0.02129$
Butte-Glenn Comrnunity ColEege District 2002 C 0.405259
Other ~onds:
Lake Madrone Wafer District 1976 1.150000
Paradise Irrigatian District 0.0240Q0
Ofher Voter Aunroved lnde6tedness.
Marys~ille Joint Union School District 20Q6 0.022234
Marysville Joini Unian School District 2~08 0.032776
Marysville Joint Union 5chool District 2009 0.055866
Yuba Community College District 2006 A 0.003880
Yuba Community Cotlege ~istrict 2006 B 4.0106'~5
N: #571 Tax Bill Calculationsl Letter