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HomeMy WebLinkAbout2016-11-22 - RESOLUTIONS - TAX SHARING NEWHALL WATER DIST (4)RESOLUTION NO. 16-68 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS AS THE GOVERNING BODY OF THE COUNTY OF LOS ANGELES, THE LOS ANGELES COUNTY CONSOLIDATED FIRE PROTECTION DISTRICT, AND THE LOS ANGELES COUNTY FLOOD CONTROL DISTRICT, THE BOARD OF DIRECTORS OF THE NEWHALL COUNTY WATER DISTRICT, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, AND OTHER AFFECTED TAXING ENTITIES, APPROVING AND ACCEPTING THE NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUE RESULTING FROM ANNEXATION NO. 2015-07 To THE NEWHALL COUNTY WATER DISTRICT WHEREAS, pursuant to Section 99 of the Revenue and Taxation Code, for specified jurisdictional changes, the governing bodies of affected agencies shall negotiate and determine the amount of property tax revenue to be exchanged between the affected agencies; and WHEREAS, the Board of Supervisors of the County of Los Angeles, as the governing body of the County, the Los Angeles County Consolidated Fire Protection District, and Los Angeles County Flood Control District, and the governing bodies of the Newhall County Water District; City of Santa Clarita; Greater Los Angeles County elector Control District; and Castaic Lake Water Agency, have determined the amount of property tax revenue to be exchanged behVeen their respective agencies as a result of the Newhall County Water District Annexation No. 2015-07, as set forth below: NOW, THEREFORE, BE IT RESOLVED as follows: 1. The negotiated exchange of property tax revenue between the County of Los Angeles, as the governing body of the County, Consolidated Fire Protection District and Flood Control District; Newhall County Water District; City of Santa Clarita; Greater Los Angeles County "hector Control District; and Castaic Lake Water Agency resulting from Annexation No. 2015-07, is approved and accepted. 2. For the fiscal year commencing in the year after the filing of the statement of boundary change for Annexation No. 2015-07, with the Board of Equalization pursuant to Government Code sections 54902 and 57204, and every fiscal year thereafter, 0.000848546 of the annual property tax growth in Tax Rate Area 00547, shall be transferred from the affected taxing entities as specified in the Attachment, to the Newhall County Water District as a result of Annexation No. 2015-07 to the District. The other affected taxing entities' shares of property taxes in Tax Rate Area 00547 shall be adjusted as specified in the Attachment. 3. There shall be no additional transfer of property taxes as a result of Annexation No. 2015-07. 4. No transfer of property tax revenues from properties within a community redevelopment project, which are deposited into a Redevelopment Property Tax Trust Fund (as created by California Heaith & Safety Code section 34170.5(b)) shall be made during the period that such revenues are legally committed for repayment of Enforceable Obligations (as defined by California Health & Safety Code section 34171 (d)), 5. If at any time after the effective date of this resolution, the calculations used herein to determine initial property tax transfers or the data used to perform those calculations are found to be incorrect, thus producing an improper or inaccurate property tax transfer, the property tax transfer shall be recalculated and the corrected transfer shall be implemented for the next fiscal year, and any amounts of property tax received in excess of that which is proper, shall be refunded to the appropriate agency. Joint Resolution Newhall County Water District Annexation No. 2015-07 Page 4 of 6 PASSED, APPROVED AND ADOPTED this 22nd day of by the following vote: �oyu�oovvc�nAcosta, AYES: ` — -- A8SENT'Nooc McLean, Kellar NOES: None ABSTAIN: None ATTEST: ull Secretary November City of Santa Clarita Sig ture Robert Kellar, Mayor ---------- --Pr�tName an / / / / / / / / / / / / / / / / / / / / / (Signed in Counterpart) I I I PROPERTY TAX TRANSFER RESOLUTION WORKSHEET Annexation To: Account No. TRA: Annexation Number: Newhall County Water Distirct Based on their 2015-16 Tax Sharing Ratios Accnt No. Taxing Agency 001.05 LOS ANGELES COUNTY GENERAL 0011.20 L.A. COUNTY ACCUM CAP OUTLAY 007.30 CONSOL. FIRE PRO.DIST.OF L.A.CO. 007.31 L A C FIRE-FFW 030.10 L.A.CO,FL.CON.DR.IMP.DIST.MAINT. 030.70 LA CO FLOOD CONTROL MAIN7' 061-80 GREATER L A CO VECTOR CONTROL 068.05 ANTELOPE VY RESOURCE CONSER DIST 249.01 CITY -SANTA CLARITA TO #1 249.56 CITY -SANTA CLARITA LIBRARY 302.01 CASTAIC LAKE WATER AGENCY 400.00 EDUCATIONAL REV AUGMENTATION FID 400.01 EDUCATIONAL AUG FID IMPOUND 400.15 COUNTY SCHOOL SERVICES 400.21 CHILDREN'S INSTIL TUI *ION FUND 665.01 SULPHUR SPRINGS UNION SCHOOL DIS 665.06 CO.SCH.SERV.FD.- SULPHUR SPRINGS 665.07 DEV.CTR.HDCPD-MINOR-SULPHUR SPGS 757.02 HART WILLIAM S UNION HIGH 757.06 CO.SCH.SERV.FD.- HART,WILLIAM S 757.07 HART,WILLIAM S.-ELEM SCHOOL FUND 814.04 SANTA CLARITA COMMUNITY COLLEGE 309.01 NEWHALL COUNTY WATER DISTRICT Total Newhall County Water District 309.01 00547 2015-07 0.001566211 (1) (2) = (1) / Total (3) (4) = (2) * (3) (5) (6) = (1) + (5) Current Tax Proposed Alloc of Allocation New Share - AF49 Percent Dist Share Dist Share Adjustments Net Share ---------- 0.223130321 .......... 22.3130% 0.001566211 ........ 0,000349480 . -0.000357687 0.222772634 0,000112429 0,0112% 0.001566211 0.000000176 0.000000000 0,000112429 0.166511194 16,6511% 0.001566211 0,000260791 -0.000260791 0,166250403 0,005127811 0,5128% 0,001566211 0,000008031 0.000000000 0.005127811 0.001697011 0,1697% 0.001566211 0,000002657 -0.000002657 0.001694354 0.009603798 0,9604% 0.001566211 0.000015041 -0.000015041 0.009588757 0.000322714 0.0323% 0.001566211 0.000000505 -0.000000505 0.000322209 0,000000000 0.0000% O.001 566211 0,000000000 0.000000000 0.000000000 0.055890391 5.5890% 0.001566211 0.000287536 -0.000087536 0.055802855 0.022949575 2.2950% O.001 566211 0.000035943 -0.000035943 0.022913632 0.056433608 5.6434% 0.001566211 0,000088386 -0,000088386 0.056345222 0.068988344 6.8988% 0,001566211 0.000108050 Exempt 0.068988344 0,133765294 13.3765% 0,001566211 0.000209504 Exempt 0,133765294 0.001394261 0.1394% 0.001566211 0.000002183 Exempt 0,001394261 0.002767127 0,2767% 0.001566211 0.000004333 Exempt 0.002767127 0,084860244 8,4860% 0.001566211 0.000132909 Exempt 0.084860244 0.007276283 0.7276% 0,001566211 0,000011396 Exempt 0.007276283 0,000804363 0.0804% 0.001566211 0,000001259 Exempt 0,000804363 0,079596484 7.9596% 0.001566211 0,000124664 Exempt 0.079596484 0,000331798 0.0332% 0.001566211 0,000000519 Exempt 0.000331798 0.041881184 4.1881% 0.001566211 0.000065594 Exempt 0.041881184 0.036555766 3.6556% 0,001566211 0,000057254 Exempt 0.036555766 0.000000000 0.0000% 0.001566211 0,000000000 0.000000000 0.000848546 1.000000000 100.0000% 0.001566211 -0.000848546 1.000000000 (1) Current share as reflected in the Auditor's ATI distribution in AF 49. Must total 1.000000000. (2) Mast total 100%. (3) Weighted average water district share as verified by Auditor. (4) Must total share reflected in Column (3). (5) Reflects exemption for school entities and County general fund obligation for debt service and FFW, (6) Final share distributions to be reflected in tax transfer resolution. GToard Lettors - AnnexadonatNowfiall Counly'Wator Diotrict Annexation 2015.06, 201 5-07\NCWD Annaxation 2015.07 A -C 9/1212016 12:19 PM