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HomeMy WebLinkAbout87-221O ~~ ~. :~: BOARD OF SUPERVISORS i'a~ C'p!/INTY OF E3UTTF_, STATE CAE CAI-IFC~RNIA i y Resolution No. 87-221 RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR 1987-1988 WHEREAS, California Consititution 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 shalt 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 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, 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 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 WHEREAS, it is incumbent on the Board of Supervisors to fix the tax rates for certain entities within the County, pursuant to Article 5, Division 3, Title 3 (Section 29100 et seq) of the Government Code, for the 1987-1988 fiscal year; NOId,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 tax 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 the 1987-1988 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, to be applied to the taxable values within the boundaries of the respective. entities on the 1987-1988 Secured Property Tax Ro11, as compiled by the County Assessor and the State Board of Equali- zation, to raise revenues required 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 this 18th day of August, 1987, by the Butte County Board of Supervisors by the following vote: AYES: Supervisors Fulton, McInturf, McLaughlin, Vercruse and Chair Dolan NOES: None ABSENT: None NOT DOTING: none ,~ ,~~ ANE OLAN, Chair of the Butte ounty Board of Supervisors ATTEST: MARTIP! J. NICHOLS, Chief Administrative Officer and Clerk fJ the and of Supervisors -2- ~~- (((//////~~~ (-a~~.~l'l31H IiVL'V~1«;f•~i ivyv ~% ,,., ~ - ~1 U :....._ U18i9 r ~..,.. ,.. _ _' ~ ~~ }~ ~ ..Y /~ ..~.~. .: .~.:-_ .. IlvVutte ountU --- ~' ~ LAND OF NATURAL WEALTH AND BEAUTY _ _~ . Oy-~IG~ Gi= Ti;E AUDITOR-SON"TROLLER i~cun.y; Admir.is;raiion Liuilding Clrcvil!e, Califon3ia 96~J65;3383 ' _ ~9''Gl ii38•~G93 August 10, 1986 MEMORANDUM T0: Board of Supervisors FROM: James L. Johansen, Auditor-Controller SUBJECT: Adoption of Tax Rates State law requires the Board adopt various tax rates not later than September 1st of each year. We have calculated the tax rates (mostly school bond rates) for your August 18th meeting. Also, as we did last year, we are calculating the rates using estimated value for the State assessed utility roll which we do not receive until the third week in August. Since the utility roll constitutes a fairly small portion of most school districts' assessed valuation, this method has worked in the past. ACTION REQUESTED: Adopt resolution fixing tax rates in the County of Butte for Fiscal Year 1987-1988. AMES L . Af~SEN Auditor- ntroller JLJ:db AUDITOR-CONTROLLER GENERAL COUNTY FUNDS UNDER CONTROL OF BOARD OF SUPERVISORS Fiscal Year 1987-1988 TAX RATE PER $100 FULL VALUE School District Bond Redemption and Interest Year of Elementary Issue Rate Oroville 1974 .011 Unified Schools Durham 1967 .035 Paradise 1964 .004 Other Bonds Magalia County Water Bond N/A .104 Richvale Sanitary Bond 1979 .070 Other Uoted Indebtedness Biggs Unified State School Building .012 Durham Unified State School Building .027 Gridley Elementary State Schoo] Building .022 Manzanita Elementary State School Building .067 Oroviile Elementary State School Building .017 Palermo Elementary Public School Building .069 Paradise Unified State School Building .002 Paradise Unified Lease Purchase .035 Thermalito Union State School Building .077 Butte County School Service Fund State School Building .001