To: BOARD OF SUPERVISORS
From: Auditor-Controller Treasurer-Tax Collector
Meeting Date: September 10, 2024
|
Department Contact: |
Megan Hunter |
Phone: |
707-234-6860 |
|
Department Contact: |
Sara Pierce |
Phone: |
707-234-6860 |
|
Item Type: Consent Agenda |
|
Time Allocated for Item: N/A |
Agenda Title:
title
Adoption of Resolution Approving Mendocino County’s 2024-25 Tax Rates
End
Recommended Action/Motion:
recommendation
Adopt resolution approving Mendocino County’s 2024-25 tax rates; and authorize Chair to sign same.
End
Previous Board/Board Committee Actions:
Annually approved - the most recent approval occurred on September 26, 2023.
Summary of Request:
Pursuant to Section 29100 of the Government Code, the Board of Supervisors is required to approve the County’s annual tax rates. Voter approved indebtedness rates are calculated by determining the percentage of full assessed value of property on the secured roll legally subject to support the annual debt requirement. The Board may adopt a rate for voter-approved indebtedness as will produce an amount determined as appropriate for necessary reserves. Each rate will produce the amount determined by the Auditor-Controller/Treasurer Tax-Collector as necessary to be raised by taxation on the secured roll after due allowance for delinquency, anticipated changes to the roll, and other available funding sources, to fund 18 months of debt service requirements.
Alternative Action/Motion:
Return to staff for alternate handling.
Strategic Plan Priority Designation: An Effective County Government
Supervisorial District: All
Vote Requirement: Majority
Supplemental Information Available Online At: https://www.mendocinocounty.org/government/auditor-controller/property-tax-information/how-are-voter-approved-school-bond-tax-rates-calculated
Fiscal Details:
|
source of funding: N/A |
|
current f/y cost: N/A |
|
budget clarification: N/A |
|
annual recurring cost: N/A |
|
budgeted in current f/y (if no, please describe): N/A |
|
revenue agreement: N/A |
AGREEMENT/RESOLUTION/ORDINANCE APPROVED BY COUNTY COUNSEL: Yes
CEO Liaison: Executive Office
CEO Review: Yes
CEO Comments:
FOR COB USE ONLY
|
Executed By: Atlas Pearson, Senior Deputy Clerk |
Final Status: Adopted |
|
Date: September 10, 2024 |
Executed Item Type: Resolution |
|
|
Number: 24-123 |
|
|
|