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HomeMy WebLinkAboutRES NO 56-94RESOLUTION NO...~._~- 9 4 A RESOLUTION PROVIDING FOR THE ADJUSTa~.NT OF PROPERTY TAX REVBNUES UPON LOCAL AGENCY JURISDICTIONAL CHANGE RESULTING FROM ANNEXATION NO. 3?5, LAFCO PROCEEDING NO. 1157, C~r.rOWAY NO. 5 ANNEXATION (WARD 4). WHEREAS, Section 99 of the Revenue and Taxation Code (enacted by Chapter 282, amended by Chapter 1161, Statues of 1979) provides that prior to the effective date of any local agency jurisdictional change, other than a city incorporation or formation of a new district as defined in Section 2215 of the Revenue and Taxation Code, the governing bodies of all agencies whose service areas or service responsibilities would be altered by such change shall determine the amount of property tax revenues to be exchanged between and among such affected agencies; and WHEREAS, Section 99(b) of the Revenue and Taxation Code provides that no such jurisdictional change may become effective until each county and city included in such negotiation agrees, by resolution, to accept the negotiated exchange of property tax revenues; and WHEREAS, Section 99(b) of the Revenue and Taxation Code further provides that in the event that such a jurisdictional change affects the service area or service responsibility of one or more special districts, the Board of Supervisors of the County in which such district or districts are located shall, on behalf of the district or districts, negotiate any exchange of property tax revenues; and WHEREAS, the Kern County Local Agency Formation Commission has requested that the Kern County Board of Supervisors and the City Council of the City of Bakersfield determine property tax revenues which should be exchanged between and among the local agencies involved in the pending jurisdictional change identified as: CITY OF BAKERSFI~r.D Annexation No. 3?5, LAFCO ~ No. 1157, (Calloway No. 5 .Ann.'stolon); and WHEREAS, the County Administrative Officer, on behalf of the Board of Supervisors, and the City Manager, on behalf of the City Council of the City of Bakersfield, have examined and conferred regarding the Notice of Filing regarding LAFCO Proceeding No. 1157, and found and reported to their respective governing bodies the determinations set forth in this resolution. NOW, THEREFORE, BE IT RESOLVIgD by the Council of the City of Bakersfield as follows: 1. That, provided the Board of Supervisors of the County of Kern adopt a resolution concurring in determination made herein, a determination is heraby made that there willbe no transfers of service responsibilities to the City of Bakersfield ORIGINAL from local agencies currently serving in the area of the proposed City of Bakersfield Annexation No. 375 by reason of such annexation, except as follows: County of Kern General Fund ........... ParH~l (45.4986%) and, accordingly, that 45.4986 percent of all property tax revenues (both base and factor) which accrue within the tax rate areas comprising the proposed City of Bakersfield Annexation No. 375 for fiscal year 1994-95 and thereafter should be transferred to the City of Bakersfield as follows: From County of Kern General Fund, that portion determined by using the following formula: The total property tax revenues received by the City of Bakersfield (A) plus the total property tax revenues received by the County of Kern from within the City of Bakersfield (B), divided by the property tax revenues received by the City of Bakersfield (A) equals the property tax percentage (C). The property tax revenues received by the County of Kern General Fund from the proposed annexed area ( D ) are multiplied by the property tax percentage ( C ), which equals the property tax to be received by the City of Bakersfield for the annexed area (E). (A+B) ] A=C% DxC%=E It is estimated that the amount to be transferred for the fiscal year 1994-95 is as follows: Kern County GeneralFund Current Entitlement Transfer to City Tax Rate Area 070-003 "Base Amount" % Annual Tax "Factor" $1,971.18 $896.86 33.3016% 15.1518% The amounts to be transferred in future years shall be determined in the same manner using then current "base" and "factor" figures. From Kern County Structural Fire Protection Fund, the entire amount of the property tax revenues collected on behalf of the Kern County Structural Fire Protection Area from the area of the proposed annexation will be paid to Kern County only because Kern County has formally agreed to provide fire protection service to this area after annexation. 2. The Clerk of the City of Bakersfield is directed to inform the Beard of Supervisors of the County of Kern, the managers of service areas named herein, the Kern County Local Agency Formation Commission, and the Kern County Auditor- Controller of the aforesaid determined by transmittal to them of certified copies of this resolution. ORIG{NAL I HEREBY CERTIFYthat the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on ~o~ ~ 0 ~ , by the following vote: AYES. COUNCtLMEMBEPo · RS NOES COUNCILMEMO.E.R~ .... '~ ,~.~ N' CITY CLI~RK and Ex Officio Clerk of the Council of the City of Bakersfield APPROVED APR ~ o ~ MAYOR of the City of Bakersfield APPROVED as to form: -3- ORIGINAL