April 22, 2009
BOARD MEETING DATE:
May 5, 2009
Honorable Board of Supervisors
David S. Boesch, County Manager
Resolution agreeing to an exchange of property tax revenues between the County of San Mateo and the City of San Carlos for the proposed annexation of the properties located on Winding Way in unincorporated Devonshire (Lands of Dobel, Cameron and Grove)
Adopt a resolution authorizing a property tax exchange between San Mateo County and the City of San Carlos for the proposed annexation of the Lands of Dobel, Cameron and Grove.
Responsible, effective and collaborative government
Goal(s): 22; County and local governments effectively communicate, collaborate and develop strategic approaches to issues affecting the entire County.
Revenue and Taxation Code Section 99 requires participating jurisdictions to agree to the amount of property tax transferred as a result of and condition of the Local Agency Formation Commission’s (LAFCo) approval of annexation of property from one jurisdiction to another.
The County of San Mateo has received from the Local Agency Formation Commission (LAFCo) a proposed annexation of the Lands of Dobel, Cameron and Grove (3.41 acres located in unincorporated Devonshire on Winding Way) to the City of San Carlos.
An agreement has been reached with the City of San Carlos and a resolution is attached for adoption. The agreement is in accordance with the Board’s policy of granting a city an amount of property tax that approximates the current average share of property tax of the city of the proposed annexation. The annexation includes the transfer of fire responsibility to the City of San Carlos from the County.
Tax Rate Area 076001, 076008
Account Description Current Rate Negotiated Shift Proposed Rate
General County Tax 0.295182218 (0.051610085) 0.243572133
County Fire Protection 0.080002047 (0.080002047) 0.0
City of San Carlos NA 0.1316121332 0.131612132
TOTALS 0.375184265 NA 0.371842665
The total amount of taxes available for exchange before the ERAF shift is $124.94. The City of San Carlos will receive $43.83 and the County will retain $81.11. The amount both jurisdictions would receive is expected to increase with the anticipated development of the subject properties.