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File #: 09-0992    Version:
Type: Agenda Item Status: Approved
File created: In control: Board of Supervisors
On agenda: 6/28/2016 Final action: 6/28/2016
Title: Chief Administrative Office, Economic Development Division, recommending the Board consider and provide direction regarding the following: 1) Receive an update on activity authorized County under County Ordinance 4832 (Proposition 90) which allows qualified homeowners to transfer the base year value of a prior principal residence in another county to a newly constructed or newly purchased principal residence in El Dorado County; and 2) Provide direction to staff regarding possible extension of the ordinance which is set to expire on September 30, 2016. (Est. Time: 1 Hr.) FUNDING: N/A
Attachments: 1. 9A - Staff Report 6-28-16, 2. 9B - Staff Report Attachment A Origin Map 6-28-16, 3. 9C - Staff Report Attachment B Destination Map 6-28-16, 4. 9D - Staff Report Attachment C 6-28-16, 5. Public Comment Rcvd 6-28-16 BOS 6-28-16, 6. Public Comment 6-27-16 BOS 6-28-16, 7. Public Comment 6-23-16 BOS 6-28-16, 8. 7A - Prop 90 Notification to Affected Agencies 2-10-15, 9. 7B - Ordinance 4832 Amendment (Prop 90) 2-10-15, 10. 7C - Blue Route - Ord 4832 Amd 2-10-15, 11. Executed Amended Ordinance 4832 2-24-15 item 19.pdf, 12. Public Comment Rcvd 2-6-15 BOS 2-10-15, 13. Public Comment Rcvd 1-27-15 BOS 1-27-15, 14. Public Comment Rcvd 1-27-15 BOS 1-27-15, 15. Public Comment Rcvd 1-26-15 BOS 1-27-15, 16. Public Comment Rcvd 1-23-15 BOS 1-27-15, 17. Public Comment Rcvd 12-4-14 BOS 1-27-15, 18. Public Comment Rcvd 12-3-14 BOS 1-27-15, 19. 5A - Weiland Memo Prop 90 Statistics 9-16-14, 20. 5B - Rev & Tax Section 69.5 9-16-14, 21. 5C - Letter of Support 9-16-14, 22. 5D - Homeowner's Flyer 9-16-14, 23. Public Comment Rcvd 9-15-14 BOS 9-16-14, 24. Fully Executed Ordinance 4832, 25. 3.A - Proposition 90 Ordinance, 26. Property Tax item, 27. B -1989 BOS Item, 28. Email received from Maryann Zapotocky and Linda McCrackin att'd 7-27-09, 29. Email from T. Holcomb, 30. Tax Increments - Prop 90 - 110.pdf - Adobe Acrobat Pro.pdf, 31. Letter from A. Manard att'd 8-11-09, 32. Handout - T. Marfia, 33. Letter from EDC Fire Chiefs attached 9-23-09.pdf, 34. Letter from S. Taylor att'd 9-25-09, 35. Power Point 8-11-09, 36. Sign in sheet for 8-11-09, 37. Letters from C. Handen att'd 11-16-09, 38. Letter from B. Childs att'd 11-17-09, 39. Calendar 52-66-67-68 Email from Ken Greenwood.pdf, 40. S. Taylor - Attachment to Prop90_12-09.pdf, 41. Letter submitted by Tony Rogozinski, 42. Diagram submitted by S. Ferry, 43. letter from Carl Handen attached 6-24-10
Related files: 16-0777, 09-0549
Title
Chief Administrative Office, Economic Development Division, recommending the Board consider and provide direction regarding the following:
1) Receive an update on activity authorized County under County Ordinance 4832 (Proposition 90) which allows qualified homeowners to transfer the base year value of a prior principal residence in another county to a newly constructed or newly purchased principal residence in El Dorado County; and
2) Provide direction to staff regarding possible extension of the ordinance which is set to expire on September 30, 2016. (Est. Time: 1 Hr.)
FUNDING: N/A
Body
DEPARTMENT RECOMMENDATION
Chief Administrative Office, Economic Development Division, recommending the Board consider and provide direction regarding the following:
1) Receive an update on activity authorized County under County Ordinance 4832 which allows qualified homeowners to transfer the base year value of a prior principal residence in another county to a newly constructed or newly purchased principal residence in El Dorado County; and
2) Provide direction to staff regarding possible extension of the ordinance which is set to expire on September 30, 2016.

DISCUSSION / BACKGROUND
The Board of Supervisors adopted Ordinance 4832 on December 15, 2009. This Ordinance implements Revenue and Taxation Code Section 69.5 (Propositions 90 and 110) authorizing receipt by the County of El Dorado of inter-county tax base year transfers. The Ordinance became effective in February 2010, 60 days after adoption by the Board, and is set to expire on September 30, 2016 unless the Board of Supervisors acts to extend it prior to that date.

A detailed staff report on activity authorized County under County Ordinance 4832 and related fiscal impacts is provided as Attachment 9A to this item.

ALTERNATIVES
N/A

OTHER DEPARTMENT / AGENCY INVOLVEMENT
Assessor

FINANCIAL IMPACT
There is no fiscal impact associated with this item; however, the Proposition 90 property tax transfer program...

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