RESOLUTION NO. _____________
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BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, STATE OF CALIFORNIA
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RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT
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WITH THE STATE DEPARTMENT OF FINANCE FOR PARTICIPATION IN
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THE STATE-COUNTY PROPERTY TAX ADMINISTRATION GRANT PROGRAM
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FOR FISCAL YEAR 2004-05
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RESOLVED, by the Board of Supervisors of the County of San Mateo, State of California, that
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WHEREAS, the Board of Supervisors has previously authorized agreements with the State Department of Finance to participate in the State-County Property Tax Administration Loan Program during fiscal years 1995-96 through 2002-03 and the State-County Property Tax Administration Grant Program during fiscal years 2003-04; and
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WHEREAS, program proceeds have enabled the Assessor-County Clerk-Recorder to substantially reduce assessment processing times and assessment appeals backlogs, and to successfully resolve on-going litigation with major taxpayers in the county; and
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WHEREAS, County’s participation in this program has contributed to the efficient enrollment of assessed properties valued at more than $10 billion and to an increase of $100 million in property tax revenues during this time period; and
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WHEREAS, Assembly Bill 589 added Revenue and Taxation Code Section 95.35 to replace the State-County Property Tax Administration Loan Program with the State-County Property Tax Administration Grant Program; and
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WHEREAS, the Assessor-County Clerk-Recorder recommends that the Board of Supervisors approve the new agreement for the County’s participation in the State-County Property Tax Administration Grant Program for fiscal year 2004-05; and
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WHEREAS, the Board of Supervisors has been presented with a form of the agreement and has examined and approved it as to both form and content and desires to enter into it;
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NOW, THEREFORE, IT IS HEREBY DETERMINED AND ORDERED that the President of the Board of Supervisors is authorized and directed to execute said agreement for and on behalf of the County of San Mateo, and the Clerk of this Board shall attest the signature thereto.
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