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HomeMy WebLinkAbout20-110RESOLUTION FIXING TAX RATES IN THE COUNTY OF BUTTE FOR FISCAL YEAR 2020-2021 WHEREAS, the Board of Supervisors is required by Government Code Section 29100, pursuant to Article 5, Division 3, title 3 to adopt the rates of taxes on the SecuredRoll 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 (1.0101) 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 ($100.00) of full taxable value to be applied to the total taxable property included on 2020-2021 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 ($1O0.00) of full taxable value, as hereinafter set forth in Exhibit "A", to be applied to the taxable values within the boundaries of the respective entitiesonthe2020'2021SecomedPnopertyTaxRm|l,oscnnnp||edbvtheCounty4ssessurand 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 mfSupervisors this 15 th day of September, 2020L by the following vote: AYES: Supervisors, Lucem�Ritter, Teeter, and Chair Lambert NOES: Supervisor Connelly ABSENT: None ABSTAIN: Nome Steve Larnbg�t,`thair Butte County Board of Supervisors , Assistant Clerk of the Board of Supervisors BUTTE COUNTY BOARD OF SUPERVISORS SCHOOL DISTRICT AND SPECIAL DISTRICT DEBT SERVICE TAX RATES For Fiscal Year 2020-21 TAX RATE PER $900 FULL TAXABLE VALUE Exhibit "A" Description Title of Bond Rate School District Bond Redemption and Interest: Thermalito Union Elementary School District Therm Elem Election 2004 0.025561 Thermalito Union Elementary School District Therm Elem Election 2018 0.023647 Chico Unified School District CUSD Election 1998 0.021247 Chico Unified School District CUSD Election 2012 0.010978 Chico Unified School District CUSD Election 2016 0.052041 Durham Unified School District DUSD Election 2018 0.038328 Manzanita Elementary School District Manxanita Election 2000 0.033989 Gridley Unified School District GUSD Election 2012 0.008418 Oroville City Elementary School District Oro Elem Election 2002 0.018431 Oroville Union High School District OUHSD Election 2002 0.016184 Oroville Union High School District OUHSD Election 2008 0.018322 Butte -Glenn Community College District Butte College Election 2002 0.021442 Butte -Glenn Community College District Butte College Election 2016 0.019911 Other Bonds: Lake Madrone Water District 1976 2.000000 Other Voter Approved Indebtedness: Marysville Joint Union School District Measure H (2014 Refunding) 0.049025 Marysville Joint Union School District Measure P (2016 Refunding Bonds) 0.053433 Marysville Joint Union School District Measure P (Series 2018) 0.004952 Yuba Community College District 2006 A 0.007960 Yuba Community College District 2006 B 0.006899 Yuba Community College District 2006 C 0.001876 Yuba Community College District 2006 D 0.003024 Yuba Community College District 2016 A 0.011153