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HomeMy WebLinkAbout14-113 l 1 r r � Resolution No. 14-113 RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR 2014®2015 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 XIII-A as approved by the voters as Proposition 13 at the June 5, 1968 primary election, provides that property taxes levied on county assessed real property shall not exceed one percent (1.0%x) of its full taxable value except for amounts required to imeet 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 Xl'll-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 FIRES, 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 RESOLVED by the Board of Supervisors of the County of Butte, State of California, as follows: I„ 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 2014-2015 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 . 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 2.014-2015 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 9th day of September, 2014 by the following vote: AYES:Supervisors Connelly, Wahl, Kirk, Lambert and Chair Teeter NOES: None ABSENT: N�one NOT VOTING: None Doug Te ter,Chair, Butte County Board of Supervisors ATTEST: Paul Hahn, Chief A ministrative Officer and C1 3 and of Supervisors i� J BUTTE COUNTY BOARD OF SUPERVISORS SCHOOL DISTRICT AND SPECIAL DISTRICT DEBT SERVICE TAX RATES For Fiscal Year 2014-15 TAX RATE PER 100 FULL TAXABLE VALUE Exhibit"A" Year of Issue Rate Description School District Bond Redemption and Interest.: Thermalito Un School District 2004 0.028290 Chico Unified School District 1998 B 0.019670 Manzanita Elementary School District 2000 0.040365 Gridley Unified 2012 A Bond 2012 0.008762 Oroville City Elementary School District 2002 0.024533 Oroville High School District 2002 A 0.012432 Oroville High School District 2002 B 0.008080 Butte-Glenn Community College District 2002 B 0.006960 Oroville High School District 2008 0.024036 Butte-Glenn Community College District 2002 C 0.006960 Butte-Glenn Community College District 2012 Refunding 0.006960 Chico Unified School District 2012 Refunding 2012 Refunding 0.020437 Other Bonds: Lake Madrone Water District 1976 2.000000 Paradise Irrigation District 0.025000 Other Voter Approved Indebtedness: Marysville Joint Union School District 2006 0.031826 Marysville Joint Union School District 2008 0.029899 Marysville Joint Union School District 2009 0.059993 Yuba Community College District 2006 A 0.005967 Yuba Community College District 20068 0.009978 Yuba Community College District 2006 C 0.009057 N:#571 Tax Bill Calculations\Letter