To: Board of Supervisors
From: Supervisor Haschak and Assessor/Clerk-Recorder
Meeting Date: September 12, 2023
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Department Contact: |
Supervisor Haschak |
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707-463-4221 |
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Department Contact: |
Katrina Bartolomie |
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707-234-6800 |
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Item Type: Regular Agenda |
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Time Allocated for Item: 30 Minutes |
Agenda Title:
title
Discussion and Possible Action Including Adoption of a Resolution Exempting from Taxation Certain Property with an Assessed Value of Five Thousand Dollars ($5,000) or Less
(Sponsors: Supervisor Haschak and Assessor/Clerk-Recorder)
End
Recommended Action/Motion:
recommendation
Adopt Resolution exempting from taxation certain property with an assessed value of five thousand dollars ($5,000) or less; and authorize Chair to sign same.
End
Previous Board/Board Committee Actions:
The Board of Supervisors approved on January 7, 1992, Exemption of Real Property with Low Value which set the minimum value taxation at $1,000. Also adopted Resolution No. 81-031 exempting all real property which produces one dollar or less on tax bills on February 3, 1981.
Summary of Request:
Section 155.20 of the Revenue and Taxation Code allows a county Board of Supervisors to exempt from or not enroll in property taxes all real property with a base year value, and personal property with a full value, so low that if not exempt, the total taxes, special assessments, and applicable subventions on the property would amount to less than the cost of assessing and collecting them. This must be done on or before the lien date of any fiscal year.
Mendocino County loses money and time in handling these low value properties. Raising the level of the minimum tax where the base year value of real property including possessory interests and the full value of personal property from $1,000 to $5,000 would be more efficient, better use of limited resources, and free up staff time to properly assess properties of greater value which would bring in more revenue to the County.
Alternative Action/Motion:
Provide other guidance or minimum value.
Does This Item Support the General Plan? Yes
Strategic Plan Priority Designation: An Effective County Government
Supervisorial District: All
vote requirement: Majority
Supplemental Information Available Online At: N/A
Fiscal Details:
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source of funding: N/A |
budgeted in current f/y: N/A |
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current f/y cost: N/A |
if no, please describe: |
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annual recurring cost: N/A |
revenue agreement: N/A |
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budget clarification: N/A |
Agreement/Resolution/Ordinance Approved by County Counsel: Yes
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CEO Liaison: Executive Office |
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CEO Review: Yes |
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CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Senior Deputy Clerk |
Final Status: Adopted |
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Date: September 13, 2023 |
Executed Item Type: Resolution Number: 23-158 |
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