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HomeMy WebLinkAbout17-141 r �' ilY�l „ Jp /" ����//�, ��,/�,� ✓ �, �� „/11� lh' '1 � � f � �jl � �' ! r ,r I��.A��„��Id.✓l,. , rfic,.l/c,,,i/Gfi - ,/. . ' Resolution No. 17-141 RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR 2017-18 WHEREAS, the Board of Supervisors is required by Government Cade section 29100, pursuant to Article 5, Division 3, title 3 to adopt the rates of taxes on the Secured (tall 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 0, 1978 primary election, provides that property taxes levied on county assessed real property shall not exceed one percent (1.00%) of its full taxable value except for amounts required to meet payments on voter approved debt and assessments levied on other than an advalorem 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 shalll levy an ad valorem property tax except for the amounts needed to make annual payments on general obligation bands or other indebtedness approved by the voters prior to July 1, 1978; and WHEREAS, Section 13.5 and 93 of the Revenue and Taxation Code provide that the County shall levy an ad valorem property tax on ail 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. 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 fix a rate of one dollar ($1.00) per one hundred dollars ($100.010) of full taxable value to be applied to the total taxable property included on 201.7-18 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 2017-18 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 Butte County Board of Supervisors this 12th day of September, 2017, by the following vote: AYES: Supervisors Wahl, Kirk, Lambert,Teeter, and Chair Connelly NOES: None ABSENT: None NOT VOTING: None Bill Connelly, Chair Butte County Board of Supervisors ATTEST: Paul Hahn, Chief Administrative Officer and Clerk of the Board of Supervisors of) , By: Deput� BUTTE COUNTY BOARD OF SUPERVISORS SCHOOL DISTRICT AND SPECIAL DISTRICT DEBT SERVICE TAX RATES For Fiscal Year 2017-18 TAX RATE PER$100 FULL TAXABLE VALUE Exhibit"A" Description Year of Issue Rate School District Bond Redemption and Interest. Thermalito Un School District 2004 0.017199 Chico Unified School District 1998 B 0.013414 Chico Unified School District 2016 A-1 0.043753 Chico Unified School District 2016 A-2 0.013235 Manzanita Elementary School District Refunding 2013 0.038345 Gridley Unified A Bond 2012 0.008090 Oroville City Elementary School District 2002 0.016014 Oroville High School District 2002 A 0.007834 Oroville High School District 2002 B 0.005992 Butte-Glenn Community College District 2015 Refunding 0.013586 Butte-Glenn Community College District 2016 A 0.023680 Oroville High School District 2008 0.016692 Butte-Glenn Community College District 2002 C 0.002794 Butte-Glenn Community College District 2012 Refunding A 0.006500 Chico Unified School District Refunding 2012 Refunding 0.006209 CUSD MEASURE E SERIES A BOND 2012 A 0.005058 Other Bonds: Lake Madrone Water District 1976 2.000000 Other Voter Awroved Indebtedness: Marysville Joint Union School District 2009 0.020698 Marysville Joint Union School District(Refunding 2014) 2014 0.052757 Marysville Joint Union School District(Refunding 2016) 2016 0.031014 Yuba Community College District 2006 A 0.006801 Yuba Community College District 2006 B 0.011702 Yuba Community College District 2006 C 0.006845 N:#571 Tax Bill Calculations)Letter