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HomeMy WebLinkAbout92-114` Resolution 2Vo.92-I14~ RESOLUTTON FTXING TAX RATES TN THE COUNTY OF BUTTE FOR FISCAL YEAR 1992-93 WHEREAS, California Constitution Article XTTT-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 other than an ad valorem base; and WHEREAS, the State Legislature has enacted statutes to implement the provisions of said Article XTTT-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 bands or other indebtedness approved by the voters prior to July ~., 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 1992-93 fiscal year; 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 ($100.00) of full taxable value to be applied to the total taxable property included on the 1992-93 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 ($1.00) of full taxable value, as hereinafter set forth, to be applied to the taxable values within the boundaries of the respective entities on the 1992-93 Secured Property Tax Roll, as compiled by the County Assessor and the State Board of -z- Equalization, 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 by the Board of Supervisors of the County of Butte, State of California, this 1st day of September, 1992 by the following vote: AYES• Supervisors Mclnturf, Houx, McLaughlin, Fulton and Chair Dolan NOES : None ABSENT: None NOT VOTING: None ~ J~fii`E ~OLAN', ~lhair, Butte Gounty oard of Supervisors ATTEST: JOHN BLACKLOCK Chief A finis ative Officer and C erk of a Board of Supervisors By : c~J:~ .. 3..