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HomeMy WebLinkAbout98-071BOARD OF ~UPERVISORv COUNTY OF BUTTE, STATE OF GALIF4RNIA ~.~~ Resolution No. 98-71 RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE PROVIDING FOR A CAP ON THE ASSESSED VALUE ON LAND SUBJECT TO WILLIAMSON ACT CONTRACTS WHEREAS, the purpose of the Williamson Act is to conserve land for agricultural production and open space; and WHEREAS, the incentive, for owners of such lands to retain them in agricultural production or open space, is a reduction in tax burden, which reduction is accomplished by carrying lands subject to Williamson Act contracts on assessment rolls at a value less than the fair market value of such lands; and WHEREAS, the general reduction in assessed valuation of real property, which has resulted from Proposition 13, as compared to its fair market value, has served as a disincentive for owners of agricultural land to place and keep their lands under Williamson Act contracts; and WHEREAS, the valuation of Williamson Act contract lands varies over time, and sometimes equals the fair market value of such lands; and WHEREAS, the County is authorized by Revenue and Taxation Code Section 423.3 to assess lands under Williamson Act contracts at a value not to exceed a uniformly-applied percentage of its base-year value calculated pursuant to Proposition 13; and WI~EREAS, any loss in property tax revenue to the Caunty resulting from the application of such uniform percentage will, under current law, be offset by subventions received from the State of California for such lands. Page 1 NOW, THEREFORE, BE IT RESOLVED that, pending further order of this Board, land under Williamson Act contract shall be assessed at not more than ninety percent (900} of its assessed value under Proposition 13, and that, beginning with fiscal year 1998-99, such percentage shall be applied uniformly to all lands under Williamson Act contract, except any such contract for which a notice of non- renewal has been given pursuant to Government Code Section 51245. PASSED AND ADOPTED by the Board of Supervisors of the County of Butte, State of California, on the 28th day of April 1998 by the following vote: AYES: Supervisors Beeler, Dolan, Houx, Josiassen and Chair Davis NOES : None ABSENT : None NOT VOTING : None ----- ~, r ~-~ ~ ,.a.' FRED DAM S , Cha i r Butte County Board of Supervisors ATTESTED: JOHN BLACKLOCK Chief Administrative Officer and t},he Clerk of the Board By ~--,~ f Le y ~ ~t.,!-~j-2 Pr I.:I.:I AvS. 3ES Page 2