County of El Dorado - File #: 14-0428

• File #: 14-0428
• Version: 4
• Type: Agenda Item
• Status: Approved
• File created: 3/17/2014
• In control: Board of Supervisors
• On agenda: 4/19/2016
• Final action: 4/19/2016
• Title: HEARING - Chief Administrative Office recommending the Board consider the following: 1) Conduct a public hearing in accordance with California Revenue and Taxation code 99.02 (e), to consider the effects on fees, charges, assessments, taxes, or other revenues resulting from the transfer of $256,651 in base property tax revenue from the County general fund to the El Dorado Hills County Water District ("District"); and 2) Adopt and authorize the Chair to sign Resolution 072-2016 amending Resolution 064-2014, approving the negotiated transfer of County general fund base property tax revenue to District pursuant to Section 99.02 of the California Revenue and Taxation Code, commencing with Fiscal Year 2016/17. FUNDING: General Fund.

Date	Ver.	Action By	Action	Result
4/19/2016	4	Board of Supervisors	Approved	Pass
12/15/2015	3	Board of Supervisors	Approved	Pass
6/10/2014	2	Board of Supervisors	Approved	Pass
3/25/2014	1	Board of Supervisors	Approved	Pass

Title
HEARING - Chief Administrative Office recommending the Board consider the following:
1) Conduct a public hearing in accordance with California Revenue and Taxation code 99.02 (e), to consider the effects on fees, charges, assessments, taxes, or other revenues resulting from the transfer of $256,651 in base property tax revenue from the County general fund to the El Dorado Hills County Water District ("District"); and
2) Adopt and authorize the Chair to sign Resolution 072-2016 amending Resolution 064-2014, approving the negotiated transfer of County general fund base property tax revenue to District pursuant to Section 99.02 of the California Revenue and Taxation Code, commencing with Fiscal Year 2016/17.

FUNDING: General Fund.
Body
DEPARTMENT RECOMMENDATION
Conduct the public hearing, then consider adoption of the resolution approving the negotiated transfer.

DISCUSSION / BACKGROUND
On June 10, 2014, the Board of Supervisors of the County of El Dorado adopted Resolution No. 064-2014, which supported the dissolution of the Latrobe Fire Protection District (LAFCO Project Number 2014-03) and the annexation of the Latrobe Fire Protection District’s dissolved territory and sphere of influence territory by the El Dorado Hills County Water District (LAFCO Project Number 2014-04) and redistributed property tax base and annual property tax increment as a result of negotiations related to the dissolution and annexation.

In addition to the transfer of the property tax base from Latrobe and the increase of the annual increment to 17% for the consolidated district, the Board, in a separate action, also resolved to transfer a portion base property tax revenues from the County General Fund, the County Accumulative Capital Outlay Fund, the County Road District Tax Fund, and County Service Area #7 to the District. The transfer of the base property tax revenue requires very specific steps as set forth in the Revenue and Taxation Code. Among those steps is that ea...