COUNTY OF SAN MATEO

Inter-Departmental Correspondence

County Counsel

DATE:

November 24, 2008

BOARD MEETING DATE:

December 16, 2008

SPECIAL NOTICE.HEARING

None

VOTE REQUIRED:

Majority

TO:

Honorable Board of Supervisors

FROM:

County Counsel

SUBJECT:

Correction of Property Tax Rolls Pursuant to sections 4831, et seq., of the Revenue and Taxation Code

Recommendation:

Approve corrections to the identified tax rolls and corresponding tax refunds.

Vision Alignment:

Commitment: Responsive, effective and collaborative government.

Goal 20: Government decisions are based on careful consideration of future impact, rather than temporary relief or immediate gain.

The implementation of this recommendation will further commitments and assist in achieving goals set forth in the County’s Shared Vision 2010 report. Specifically, this proposal implements the commitment of providing “responsive, effective and collaborative government.”

Background

Revenue and Taxation Code sections 4831, et seq., allow for the correction of clerical, descriptive and tax roll errors or mistaken entries. Over the course of any year, it is not uncommon to uncover some errors among the tens of thousands of assessments made by the Assessor. The errors may be caused by defects or delays in information or descriptions provided by assessees, unknown economic or historical information, duplication of assessments or simple clerical or mathematical errors by the assessee or the Assessor, or both. When the correction to the tax roll involves a correction in excess of $50,000, Board of Supervisor’s approval of that correction is required.

Discussion

The Assessor and Controller have found eleven enrolled assessments that require corrections that are subject to the approval of the Board of Supervisors. The attached schedule lists the name of the taxpayer and the property address, the reasons for the correction, the amount of the correction, as well as the Roll Change number. Board approval may be evidenced by the execution of the Roll Correction form on behalf of the Board of Supervisors by the President of the Board.

Fiscal Impact

The estimated total fiscal impact is a $64,724.00 decrease in the 2008 tax roll, a $555,199.07 decrease in the 2007 tax roll, a $184,965.79 decrease in the 2006 tax roll and a $64,774.00 decrease in the 2005 tax roll; with property tax refunds estimated at $804,938.86, including interest.

Taxpayer

And

Property Address

Tax Year and Reason/Description

Tax Roll Amount

(Including interest, if applicable)

Change Number

Bay City Flower Co.

2265 Cabrillo Highway, S.

Half Moon Bay

2007: Correction of double assessment (same property included in both personal property assessment and real property assessment).

$63,959.02

07-3953

DB Real Estate Pacific Plaza PTP

1901 Junipero Serra Blvd

Daly City

2005 Theater erroneously included in 2004 change in ownership requiring corrections to 2004 Supplemental, 2005, 2006 and 2007 annual rolls.

$64,774.00

08-1766

DB Real Estate Pacific Plaza PTP

1901 Junipero Serra Blvd

Daly City

2006 Theater erroneously included in 2004 change in ownership requiring corrections to 2004 Supplemental, 2005, 2006 and 2007 annual rolls.

$63,681.00

08-1766

Villa Montgomery

1500 El Camino Real

Redwood City

2007: Correction for delayed Welfare Exemption determination.

$53,123.05

07-3852

Pratt & Whitney

San Francisco International Airport

San Bruno

2006: Correction of double assessment (aircraft engines assessed as part of aircraft and as personal property).

$121,284.79

08-109

Summerhill 75 Willow LLC

75 Willow Road

Menlo Park

2007: Supplemental roll correction to correct erroneous determination of sale (sale erroneously assigned to this property instead of other property which actually sold).

$56,650.00

07-270

Mildred Dedomencio Trust

2200 Lake Road

Belmont

2008: Correction for exemption from reappraisal due to a Proposition 58 (Parent to Child) transfer

$64,724.00*

08-1026

Tyco Electronics

307 Constitution Drive

Menlo Park

2007:Correction to reflect AAB decision

$123,627.00

08-1035

Tyco Electronics

308 Constitution Drive

Menlo Park

2007: Correction to reflect AAB decision

$107,219.00

08-1036

Tyco Electronics

312 Constitution Drive

Menlo Park

2007: Correction to reflect AAB decision

$92,391.00

08-1037

Tyco Electronics

Vacant site, Constitution Drive

Menlo Park

2007: Correction to reflect AAB decision

$58,230

08-1038