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HomeMy WebLinkAbout19-241Resolution No. 19-2411 RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR 2019-20 WHEREAS, the Board of Supervisors is required by Government Code Section 291.00, pursuant to Article 5, Division 3, title 3 to adopt the rates of taxes on the Secured Boll 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 6, 1978. primary election, provides that property taxes levied on county assessed real property shall not exceed one percent (1.001%) 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 to implement the provisions of said Article XIII -A; and WHEREAS, Revenue and Taxation Code section 93 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, Revenue and Taxation Code section 135 and 93 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 follows NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors of the County of Butte, State of California, as 1. That said Board does hereby fix a rate of one dollar ($1.00) per one hundred dollars ($1001.00) of full taxable value to be applied to the total taxable property included on 2019-2020 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 2019-2020 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 1& day of September, 2019, by the following vote: AYES: Supervisors Connelly, Lucero, (Ritter, Teeter, and Chair Lambert NOES: ABSENT: ILIMATIGUILI Steve Lambert air Butte County Board of Supervisors ATTEST: Shari McCracken, Chief Administrative Officer and Clerk of the and of Supervisors BUTTE COUNTY BOARD OF SUPERVISORS SCHOOL DISTRICT AND SPECIAL DISTRICT DEBT SERVICE TAX RATES For Fiscal Year 2019-20 TAX RATE PER $100 FULL TAXABLE VALUE Exhibit "A" Description Title of Bond Rate School District Bond Redemption and Interest: Thermalito Union Elementary School District Thermalito Union Elementary School District Chico Unified School District Chico Unified School District Chico Unified School District Durham Unified School District Manzanita Elementary School District Gridley Unified School District Oroville City Elementary School District Oroville Union High School District Oroville Union High School District Butte -Glenn Community College District Butte -Glenn Community College District Other Bonds: Lake Madrone Water District Other Voter Aoproved Indebtedness: Marysville Joint Union School District Marysville Joint Union School District Marysville Joint Union School District Yuba Community College District Yuba Community College District Yuba Community College District Yuba Community College District N: #571 Tax Bill Calculations% Letter Therm Elem Election 2004 0.026766 Therm Elem Election 2018 0.027623 CUSD Election 1998 0.022706 CUSD Election 2012 0.011299 CUSD Election 2016 0.052139 DUSD Election 2018 0.052089 Manzanita Election 2000 0.035717 GUSD Election 2012 0.008687 Oro Elem Election 2002 0.020496 OUHSD Election 2002 0.016584 OUHSD Election 2008 0.020536 Butte College Election 2002 0.020573 Butte College Election 2016 0.020556 1976 2.000000 Measure H (2014 Refunding) 0.050333 Measure P (2016 Refunding Bonds) 0.054547 Measure P (2018 Series) 0.005367 2006 A 0.011855 2006 B 0.011193 2006 C 0.002296 2006 D 0.003397