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AUDITOR-CONTROLLER - Auditor-Controller Krista Peterson
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Requested Action(s)
recommendation
a) RESOLUTION - Request adoption of a resolution approving the tax rates for Fiscal Year 2024/25 as outlined in Exhibit “A”
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Financial Impact:
Adoption of the Resolution allows collection of secured taxes providing discretionary revenue and funds necessary to make payments on bonded indebtedness.
Background Information:
On or before October 3 of each year, the Board shall adopt by resolution the rates of taxes on the Secured Roll. This action is required under Government Code Section 29100 (attached).
The Countywide rate of 1% is set statewide.
The Unitary rates are calculated by the County Auditor-Controller’s staff.
The debt service calculations for the local voter approved bonds are also made by the Auditor-Controller’s staff to meet the current payment schedules.
The Shasta College Bonds and the Orland Joint Bond rate are set by the respective county.