FISCAL IMPACT:
None. The report details the property tax-related costs of the County in fiscal year 2020-2021 in order to determine the amount of cost recovery in fiscal year 2021-2022. The determination of the property tax administrative costs will occur at the hearing on March 8, 2022.
BACKGROUND:
In 1997, the Board of Supervisors adopted Resolution No. 97/129 which provides procedures for property tax administrative cost recovery. The recommended actions are necessary for implementation of Resolution No. 97/129 for the current fiscal year.
CONSEQUENCE OF NEGATIVE ACTION:
If the hearing is not set to consider and adopt the finding of property tax costs, the costs cannot be recovered, resulting in a loss of General Fund revenue in the current fiscal year.