MEETING DATE: 9/28/2021
DEPARTMENT: COUNTY CLERK-AUDITOR-RECORDER ELECTIONS
DEPT HEAD/DIRECTOR: Joe Paul Gonzalez
AGENDA ITEM PREPARER: Leann Godinez
SBC DEPT FILE NUMBER: 608
SUBJECT:
COUNTY CLERK/AUDITOR/RECORDER/ELECTION - J.P. GONZALEZ
Adopt Resolution Levying Taxes and Direct Assessments for Fiscal Year 2021-2022.
SBC FILE NUMBER: 608
RESOLUTION NO: 2021-121
AGENDA SECTION:
CONSENT AGENDA
BACKGROUND/SUMMARY:
Under Government Code Section 29100, the Board of Supervisors is required to adopt the tax rates for the current year secured property tax roll. The General Obligation bond rates are provided by the Auditor at a level adequate to support the annual debt service requirements and necessary bond reserves.
Government Code Section 29101 requires that the Board levy rates on the appropriate taxable property in the County.
Section 29100 of the Government Code requires that your Board adopt by resolution the rates of taxes on the secured roll, not to exceed the 1% limitation specified in Article XIIIA of the Constitution and Sections 93 and 100 of the Revenue and Taxation Code. Under the January 2010 revision, Section 29100 requires the Board to adopt the rates on or before October 3 each year. For voter approved indebtedness the Board shall adopt the rates on the secured roll by determining the percentage of full value of property on the secured roll legally subject to support the annual debt requirements. The Auditor must determine that an adequate rate has been set to support the annual debt service requirements and necessary bond reserves.
Section 29101 states that “After adopting the rates the board shall levy the taxes upon the taxable property of the county in specific sums in terms of the rates so adopted. Each rate is upon the full assessed valuation of property and only upon property which is legally subject to such tax.”
Financial Considerations:
Various tax rates are necessary to collect revenues for the payment of principal and interest on certain long-term indebtedness and necessary and allowable bond reserves.
RESOLUTION OR ORDINANCE NEEDED FOR THIS ITEM:
Yes
CONTRACT NEEDED FOR THIS ITEM:
No
CONTRACT AND RFP HISTORY:
N/A
LAST CONTRACT AMOUNT OR N/A:
N/A
STATE IF THIS IS A NEW CONTRACT/ HOW MANY PAST AMENDED CONTRACTS/ OR N/A:
N/A
STRATEGIC PLAN GOALS:
BUDGETED:
N/A
Budget Adjustment Needed: N/A
Unfunded Mandate (Is this a mandate not funded by the State): N/A