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HomeMy WebLinkAbout13-113Respiutipn Np. 13-113 RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR 2813-2814 WHEREAS, the Board of Supervisors is required by Government Code Section 29100, pursuant to Article 5, Division 3, title 3 to adopt the rates of taxes on the Secured Roll on or before October 3 of each year; and WHEREAS, California Constitution Article Xlll-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 otherthan 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 Cade 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 NOW, THEREFORE, BE IT RESOLVEC} 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 2013-2014 Secured Property Tax Rol[ 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 2013-2014 Secured Property Tax Roll, as compiled by the County Assessor and the State Board of Equalization, to raise revenues to meet annual payments an 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. PA55ED AND ADOPTED by the Board of Supervisors of the County of Butte, State of California, this 10th day of September, 2013 by the following vote: AYES: Supervisors Wahl, Kirk, Lambert, Teeter and Chair Connelly NOES: None ABSENT: None NOT VOTING: None ATTEST: Paul Hahn, Chief A inistrative Officer and Clerk oche and of Supervisors ~' Biil Connelly, Chair, Butte County Board of Supervisors By: ~.. BUTTE COUNTY BOARD OF SUPERVISORS SGHOOL DISTRICT AHD SPEGIAL DISTRICT DEBT SERVIGE TAX RATES For Fiscal Year 2l?13-14 TAX DATE PER $100 FULL TAXABLE VALUE Exhibit "A" Description Year of Issue Rate Schoo! District Bond Redemption and Interest: Thermalito Un School District 2004 0.017685 Chico Unified School District 1998 B 0.020228 Manzanita Elementary School District 2000 0.05D441 Gridley Unified 2012 A Bond 2012 0.013114 Oroville City Elementary School District 2002 0.017850 Oroville High School District 2002 A 0.048434 Oroville High School District 2D02 B 0.007158 But#e-Glenn Community College District 2002 B 0.006960 Oroville High School District 2008 0.017107 Butte-Glenn Community College District 2002 C 0.006960 Butte-Glenn Community College District 2D12 Refunding 0.00696D Chico Unified School District 2012 Refunding 2012 Refunding 0.043452 CUSD MEASURE E 2012 SERIES A BOND 2012 0.000000 Other Bonds: Lake Madrone Water District 1976 2.000000 Paradise irrigation District 0.021000 Other Voter Approved Indebtedness: Marysville Joint Union School District 2D06 0.028904 Marysville Joint Union School District 2008 0.031088 Marysville Joint Union School District 2009 0.059803 Yuba Community College District 2DD6 A 0.006207 Yuba Community College District 2006 B D.D11561 Yuba Community College District 2006 C O.OD9655 N: #571 Tax Bill Calculations) Letter