Loading...
HomeMy WebLinkAbout99-109.- 3 , ~~~solufion 1~'0. 99-109 RESOLUTION FIXING TAX RATES iN THE COUNTY OF BUTTE FOR FISCAL YEAR ]999-2000 WHEREAS, California Constitution Article X1II-A as approved by the voters as Proposition ] 3 at the June 6, l 978 primary election, provides that property taxes levied on county assessed real property shall not exceed one percent (l .0°l0) of its lull 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 shad levy an ad valorem property tax except for the amounts needed to make annual payments on general obli~~ation bonds or other indebtedness approved by the voters prior to July l , 197h; and WEIEREAS, Section l>> and 9~ 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 toll taxable value, and that the revernie 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 ~~, Title 3 (Section 29100 et seq} of~ihe Government Code, for the 1999-2000 fiscal year; ~?OW, THEREFORE, BL I~h RESOL\/ED by the Board of Supervisors of the County of Butte, State of California, as follows: l . That said Board does hereby tix 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 1999-2000 Secured Property 'l'ax Rolf 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 Eix various tax rates per one hundred dollars 0100.00} of full taxable value, as hereinafter set forth, to be applied to the taxable values within the boundaries of the respective entities on the 1999-2000 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 bands 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 24°i day of August, 1999 by the following vote: AYES: NOES: ABSENT: NOT VOTING. J NE DO[~AN, Chair, Butte Co~u~ty Board of Supervisors A.1,"PEST: JOHN BLACKLOCK, Chief Administrative Officer and Clerk of the Board ~~Supervisors ~~~~ ~. ~- BUTTE COUNTY OFFICE OF THE AUDITOR-CONTROLLER GENERAL COUNTY FUNDS UNDER CONTROL OF BOARD OF SUPERVISORS For Fiscal Year 1999-2000 TAX RATE PER $100 FULL VAL~lE Description Year of Issue Rate S~hr~ol_D_rstric Bond Redemption and lnter~sL.~ Chico Unified Chico Unified 1998 REFUNDING 0.024306 1998 A 0.024765 Other Bonds:- Richvale Sanitary Bond Lake Madrone Water District Qther Voted fndebfedness: Paradise Unified Lease Purchase/Measure M Marysville Joint Unified School State Building 1979 0.028883 1.250000 0.050000 0.000700 A: #57\ Tax Bill Calculations) Letter