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File #: 20-650    Version: 1 Name:
Type: Resolution Status: Passed
File created: 6/8/2020 Departments: CONTROLLER
On agenda: 9/15/2020 Final action: 9/15/2020
Title: Adopt a resolution adopting the tax rates on the secured roll for Fiscal Year 2020-21.
Attachments: 1. 20200915_r_Adoption of the Tax Rates on the Secured Role, 2. 20200915_att_Schedule A - Adoption of the Tax Rates on the Secured Role

Special Notice / Hearing:                         None__

      Vote Required:                         Majority

 

To:                      Honorable Board of Supervisors

From:                      Juan Raigoza, Controller

Subject:                      Adoption of the Tax Rates on the Secured Roll

 

RECOMMENDATION:

title

Adopt a resolution adopting the tax rates on the secured roll for Fiscal Year 2020-21.

 

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BACKGROUND:

Pursuant to the provisions of Government Code Section 29100, the Board of Supervisors is required to adopt by resolution the tax rates on the secured roll on or before October 3rd of each year. Since the passage of Proposition 13, the County is also required to set tax rates for general obligation bonds approved by the voters for taxing jurisdictions within the County.

 

DISCUSSION:

The Controller has calculated the tax rates for Fiscal Year 2020-21 based on the secured assessed valuation of $244,148,616,404. Fiscal Year 2020-21 tax rates are attached to the Resolution as Schedule A.

 

County Counsel has reviewed and approved the resolution as to form.

 

FISCAL IMPACT:

There is no fiscal impact associated to this resolution.