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02
City of Pleasanton
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2010
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092110
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9/15/2010 12:36:30 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
9/21/2010
DESTRUCT DATE
15Y
DOCUMENT NO
02
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{'w) (C) A suspension of subparagraph (A) shall not result in a total ad valorem property <br />tax revenue loss to all local agencies within a county that exceeds 8 percent of the total amount <br />of ad valorem property tax revenues that were allocated among all local agencies within that <br />county for the fiscal year immediately preceding the fiscal year for which subparagraph (A) is <br />suspended. <br />(2)(A) Except as otherwise provided in subparagraphs (B) and (C), restrict the authority <br />of a city, county, or city and county to impose a tax rate under, or change the method of <br />distributing revenues derived under, the Bradley -Burns Uniform Local Sales and Use Tax Law set <br />forth in Part 1.5 (commencing with Section 7200) of Division 2 of the Revenue and Taxation <br />Code, as that law read on November 3, 2004. The restriction imposed by this subparagraph also <br />applies to the entitlement of a city, county, or city and county to the change in tax rate <br />resulting from the end of the revenue exchange period, as defined in Section 7203.1 of the <br />Revenue and Taxation Code as that section read on November 3, 2004. <br />(B) The Legislature may change by statute the method of distributing the revenues <br />derived under a use tax imposed pursuant to the Bradley -Burns Uniform Local Sales and Use <br />Tax Law to allow the State to participate in an interstate compact or to comply with federal law. <br />(C) The Legislature may authorize by statute two or more specifically identified local <br />agencies within a county, with the approval of the governing body of each of those agencies, to <br />enter into a contract to exchange allocations of ad valorem property tax revenues for revenues <br />derived from a tax rate imposed under the Bradley -Burns Uniform Local Sales and Use Tax Law. <br />The exchange under this subparagraph of revenues derived from a tax rate imposed under that <br />law shall not require voter approval for the continued imposition of any portion of an existing <br />tax rate from which those revenues are derived. <br />(3) Except as otherwise provided in subparagraph (C) of paragraph (2), change for any <br />fiscal year the pro rata shares in which ad valorem property tax revenues are allocated among <br />local agencies in a county other than pursuant to a bill passed in each house of the Legislature <br />by roll call vote entered in the journal, two - thirds of the membership concurring. The <br />Legislature shall not change the pro rata shares of ad valorem property tax pursuant to this <br />paragraph, nor change the allocation of the revenues described in Section 15 of Article XI, to <br />reimburse a local government when the Legislature or any state agency mandates a new <br />program or higher level of service on that local government. <br />(4) Extend beyond the revenue exchange period, as defined in Section 7203.1 of the <br />Revenue and Taxation Code as that section read on November 3, 2004, the suspension of the <br />authority, set forth in that section on that date, of a city, county, or city and county to impose a <br />sales and use tax rate under the Bradley -Burns Uniform Local Sales and Use Tax Law. <br />4 <br />
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