DATE: September 22, 2020
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Amended Resolution to Establish Tax Rates and Levy Taxes for the Fiscal Year 2020-21
RECOMMENDED ACTION(S):
TITLE
Adopt amended Resolution establishing tax rates, and levying taxes on the secured roll, for the Countywide rate of one percent, voter approved indebtedness, ad valorem taxes for revenue districts, and unitary taxes in Fresno County for the Fiscal Year 2020-21.
REPORT
The recommended resolution corrects an error in Schedule A to Resolution No. 20-275 that the Board adopted on September 1, 2020. The recommended resolution supersedes and replaces Resolution No. 20-275. This item is countywide.
ALTERNATIVE ACTION(S):
The Board may choose to not approve the amended Resolution. Not approving the amended Resolution would leave Resolution No. 20-275 in place for Fiscal Year 2020-21 which incorrectly identifies a Fresno Unified School District bond.
FISCAL IMPACT:
There is no fiscal impact to the County associated with adopting the amended Resolution. The adoption of the amended Resolution will supersede and replace Resolution No. 20-275.
DISCUSSION:
On September 1, 2020, your Board adopted Resolution No. 20-275 to levy taxes for Fiscal Year 2020-21. After the adoption of Resolution No. 20-275, the Auditor-Controller/Treasurer-Tax Collector discovered an error in the Schedule A to that Resolution, relating to bonds issued by the Fresno Unified School District. Specifically, one of the Fresno Unified School District bond issues was listed with the incorrect name. Approval of the amended Resolution will correct the error in Schedule A to Resolution No. 20-275 and will supersede and replace that Resolution.
REFERENCE MATERIAL:
BAI #19, September 1, 2020
ATTACHMENT INCLUDED AND/OR ON FILE:
On file with Clerk - Resolution & Schedule A
CAO ANALYST:
Yussel Zalapa