DATE: September 24, 2024
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Approve Resolution Establishing the Tax Rates and Levying Taxes for the Fiscal Year 2024-25
RECOMMENDED ACTION(S):
TITLE
Adopt Resolution establishing tax rates, and levying taxes on the secured roll at the countywide rate of 1%, and taxes for voter approved indebtedness, ad valorem taxes for revenue districts, and unitary taxes in Fresno County for the FY 2024-25.
REPORT
Approval of the recommended action will establish and levy the countywide property tax rate at 1% and establish and levy other property tax rates in Fresno County for FY 2024-25, as set forth in the resolution, including for all school district and community college district bonds, for all voter-approved indebtedness including ad valorem taxes for bonded indebtedness for all revenue districts, and for the unitary taxes. This item is countywide.
ALTERNATIVE ACTION(S):
There are no viable options available as failure to adopt the recommended resolution would result in no revenue from property taxes and no revenue to make debt service payments.
FISCAL IMPACT:
There is no Net County Cost associated with the recommended action; however, failure to adopt the recommended resolution would cause severe adverse effects for all taxing agencies in Fresno County because there would be no revenue from property taxes and no revenue to make debt service payments.
DISCUSSION:
Under Government Code, section 29100, your Board is required to adopt by resolution the tax rates on the countywide secured roll on or before October 3 of each year. The tax rate is not to exceed the 1% limitation as specified in Article XIIIA of the State Constitution (Proposition 13).
Under Education Code, section 15250, for all of the schools or community college districts that the Fresno County Superintendent of Schools has jurisdiction over, your Board must levy a tax for each year upon ...
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