FISCAL IMPACT:
None. The report details the property tax-related costs of the County in fiscal year 2015-2016 in order to determine the amount of cost recovery in fiscal year 2016-2017. The determination of the property tax administrative costs will occur at the hearing on March 7, 2017.
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.
CLERK'S ADDENDUM
CORRECTED to READ: RECEIVE the 2016-17 property tax administrative cost recovery report of the Auditor-Controller, Fix March 7, 2017 February 14, 2017 at 9:30 a.m. for a public hearing on the determination of property tax administrative costs, and DIRECT the Clerk of the Board to notify affected local jurisdictions of the public hearing and to prepare and publish the required legal notice and make supporting documentation available for public inspection, as recommended by the County Administrator.