Title
Auditor-Controller recommending the Board adopt and authorize the Chair to sign Resolution 146-2015 establishing the 2015/16 rate of the Tax Levy for the taxing agencies in the County of El Dorado.
Body
DEPARTMENT RECOMMENDATION
Auditor-Controller recommending the Board adopt Resolution 146-2015 establishing the 2015/16 rate of the Tax Levy for the taxing agencies in the County of El Dorado.
DISCUSSION / BACKGROUND
Government Code (§29100) requires that the Board of Supervisors annually fix the rates necessary for each local taxing agency in the county. The tax rates for your adoption include a countywide Basic Tax Rate of $1.00 on each $100.00 of net assessed valuation as well as various other tax rates needed to meet the debt service requirements of various voter-approved bond issues.
ALTERNATIVES
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
N/A
CAO RECOMMENDATION
Chief Administrative Office recommending the Board adopt the attached Resolution.
FINANCIAL IMPACT
There is not fiscal impact.
CLERK OF THE BOARD FOLLOW UP ACTIONS
N/A
STRATEGIC PLAN COMPONENT
CONTACT
Joe Harn
Ext 5456