RES 90045 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASA~NTON AL3~DA COUNTY, CALIFOR/~IA RESOLUTION NO. 80-74 A P~ES©LUTION APPROVING COUNTY-~qIDE ~THOD FOR REDISTRIBUTION OF PROPERTY TAX REVENUES FOLLOWING A/TNEXATION OR CERTAIN OTHER JURISDICTIONAL CHA/~GES. '~iEREAS, Section 99 of the Revenue and Taxation Code (AB-S) provides, among other things, that no local agency jurisdictional change (other than a city incorporation or a formation of a district) can be completed without the agencies affected by such change first having agreed upon a redistribution of property tax revenue from such area between and a~nong said agencies; and the Alameda County hayors'-Conference on March 12, !980, reviewed and endorsed as equitable a policy proposal subm/tted by the Alameda County Administrator 'which, in pertinent part, calls for a redLstribution of pro- perty tax revenues currently, derived from an unincorpo- rated territory which is proposed to be annexed to a city, in the follo%~ing manner: In all annexations involving developed or developing residential territory, as weT1 as mixed residential/ commercial areas and vacant or underdeveloped in- dustrially zoned areas, the City would automatically be entitled to receive an allocation of ~he County's general fund computed property tax revenue f~om that area equal to the City's/County existing allocation percentage ratio within its corporate limits; e Should a substantial portion of any annexation include a developed connnercial area, the County will under- t~ke an analysis of nonproperty tax revenues vs. County service costs in determ/ning what portion, if any, of the. Cohunty allocation is redistributed; and In the event that a City assumes full responsibility for a service or services presently provided by a separate County taxing agency or special district within a territory proposed to be annexed, pursuant to Revenue and Taxation Code Sec. 99(b) , the County will endeavor to transfer to the City the entire computed property tax revenue presently allocated to Such County agency or district from said area.