HomeMy WebLinkAboutCity Council Resolution 32-Q RESOLUTION NO. 32-Q
RESOLUTION FIXING TAX RATES FOR FISCAL YEAR 1974-75
WHEREAS, heretofore the City Council of the City of Saratoga has fixed
by resolution the amount of revenue from property taxes necessary to support
its departments for the current year and to pay the bonded or other indebted-
ness of the City or any portion or district of the same; and
WHEREAS, heretofore the City Council has set the amount of revenue from
special assessments of the S.CL District 1, the Azule Lighting Distict, the
Quito Lighting District, the Fredericksburg Drive Park Maintenance District,
the Manor Drive Park Maintenance District, and the Greenbrier Park Maintenance
District, and the Village Parking Maintenance District No. 1, necessary to pay
the costs and expenses of said districts for the said fiscal year and levied
said amount against said respective districts;
NOW, THEREFORE, the City Council of the City of Saratoga hereby resolves
as follows:
Section 1: The general property tax rate for the City of Saratoga for
the fiscal year 1974-75 shall be and is hereby fixed at the
sum of 20¢ on each $100.00 of assessed valuation on all property assessed
for purposes of taxation within the City of Saratoga.
Section 2: The special assessment tax rate for all the lands exclusive
of improvements, within "SCL District 1" for the fiscal year
1974-75 shall be and is hereby fixed at.the sum of 21¢ on each $100.00
of assessed valuation on all lands, exclusive of improvements, within
the boundaries of said district, and the same is hereby declared to be
and is levied upon all lands within said district.
Section 3: The special assessment tax rate for all the lands, exclusive
of improvements, within "Azule Lighting District" for the
fiscal year 1974-75 shall be and is hereby fixed at the sum of 32¢ on
each $100.00 of assessed valuation of all landss exclusive of improve-
ments, within the boundaries of said district, and the same is hereby
declared to be and is levied upon all lands within said district.
Section 4: The special assessment tax rate for all the lands, exclusive
of improvements within "Quito Lighting District" for the
fiscal year 1974-75 shall be and is hereby fixed at the sum of 22¢
. on each $100.00 of assessed valuation of lands, exclusive of improve-
ments, within the boundaries of said district, and the same is hereby
declared to be and is levied upon all lands within said district.
Section 5: The special assessment tax rate for all lands and improve-
merits, within Fredericksburg Drive Park Maintenance District
for the fiscal year 1974-75 shall be and is hereby fixed at the sum of
1¢ on each $100.00 assessed valuation on all lands and improvements,
within the boundaries of s&,d district, and the same is hereby declared
to be and is levied upon all lands within said district.
Section 6: The special assessment tax rate for all the lands and improve-
ments within the Greenbrier Park Maintenance District for the
fiscal year 1974-75 shall be and is hereby fixed at the sum of 6¢ on each
$100.00 assessed valuation on all lands and improvements, within the bound-
aries of said districts and the same is hereby declared to be and is
levied upon all lands within said d~strict.
Section 7: The special assessment tax rate for all the lands and improve-
ments within Manor Drive Park Maintenance District for the
fiscal year 1974-75 shall be and is hereby fixed at the sum of 12~ on
each $100.00 assessed valuation on all lands and improvements, within
the boundaries of said district, and the same is hereby declared to be
and is levied upon all lands within said district.
Section 8: The City Clerk is hereby directed to immediately transmit
to the Santa Clara County Auditor a certified copy of this
resolution.
The above and foregoing resolution was duly and regularly introduced
and passed by the City Council of the City of Saratoga at its regular meeting
held on the 21st day of AugUst, 1974, by the following vote:
AYES: 6;ouncilmen Smith, Brigham, Kraus, DMclon & Bridge,
NOES: Non~
ABSENT: 'N~
ATTEST:
SPECIAL DISTRICTS
A. Park Maintenance Districts
The Park Maintenance Districts were established under the Improvement Act of
1911 to cover the expense of maintaining and operating the landscaped entry-
ways to subdivisions, the frontages along public streets, decorative walls,
lights, sprinkler systems, shrubs and trees within these areas. The areas
maintai~ed are of special benefit to the homeowners in the particular sub-
divisions.
The property owners within the District are assessed a separate and special
tax on their real property (land and improvements) to cover the above mentioned
agreed-upon expenses. These funds are administered and accounted for separately.
79-410 79-420 79-430 81 79 79
Prides
Fredericks- Green- Manor Vil~ ge Northwest Crossing
hut8 brier Drive #1 Saratoga South
Balance 6-30-73 $ 489 $1,491 $200 $1,704 (591) (500)
Revenues 73-74 123 1,250 249 3,512 - -
Amount Available 612 2,741 449 5,216 - -
Expenditures 73-74 ~. 276 2,536 366 3,419 - -
BaLance 6-30-74 336 205 83 1,797 (591) (500)
Est. Revenue 74-75 134 1,327 413 3,649 - -
Amount Available 470 1,532 496 5,446 - -
Est. Expenditures 74-75 285 725 600 3,680 -
Est. Balance 6-30-75 $ 185 $ 807 (104) $1,766 (591) (500)
FREDERICKSBURG DRIVE
(79-410)
ACCOUNT Budget Actual Budge t
NUMBER OPERATING EXPENSES 1973-74 1973-74 1974-75
32 . Maint. Land Impvt. 500 180 180
52 Utilities 60 96 105
TOTAL $560 $276 $285
Tax Rate: I¢/$100 of assessed vah=~ation
GREElqBRIER
(79-420)
32 Maint. Land Impvt. 1,425 2,480 660
52 Utilities 75 56 65
TOTAL $1,500 $2,536 $725
Tax Rate: 6¢/$100 of .assessed valuation
79-430
ACCOUNT Budget Actual Budget
NDI~ER OPERATING EXPENSES 1973-74 1973-74 1974-75
32 Maint. Land Impvt. 180 265 480
52 Utilities 86 101 120
['OTAL $266 $366 $600
Tax Rate: 12~/$100 of assessed valuation
ViLlAGE DISTRICT #1
81
32 Maint. land Impvt. 1,300 1,056 1,080
52 Utilities .2,225 ~ 2~600
TOTAL $3,525 $3,419 $3,680
Tax Rate: $1.55/$100 of assessed valuation
B. Lighting Districts
Th~ Lighting Districts are special districts established pursuant to the Street
Lighting Act of 1919 to pay the cost of illumination, maintenance and repair
of a street lighting system in certain sections of the city. The residents of
these areas determined they wanted this additional service, and are taxed
accordingly.
The property owners within the district are assessed a separate tax on their
lands, exclusive of improvements, to cover the expenses. As with the park
maintenance districts, the funds are administered and accounted for separately.
FUND#86 FUND #88 FUND #89
· QUITO AEULE VILLAGE
Batanqe 6-30-73 2,011 978 2,011
Revenues 73-74 4,972 2,269 4,434
Amount Available 6,983 3,247 6,445
Expenditures 73-74 5,400 2,320 10,298
Balance 6-30-74 1,583 927 (3,853)
Eat. Revenue 74-75 5,768 2,582 6,784
Amount Available 7,351 3,509 2,931
Eat. Expenditures 74-75 6,001 2,563 6,882
Eat. Balance 6-30-75 $1,350 $ 946 (3,951)
Tax Rate/S100 22¢ 32¢ 21¢