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HomeMy WebLinkAboutStaff Report 1.A 07/24/2017DATE: July 24, 2017 TO: Honorable Mayor and Members of the City Council FROM: John C. Brown, City Manag SUBJECT: Revenue Measure Workshop RECOMMENDATION Agenda Item # LA It is recommended that the Council provide feedback regarding placing a tax increase measure(s) on future ballots. BACKGROUND In March 2017, the City Council adopted its goals for the two-year period of 2017 and 2018. Included in the goal "Maintain Fiscal Stability" is the priority "Establish New Revenue Sources" and within that are the tasks "revisit sales tax increase" and "consider other tax increase opportunities". The need to establish new funding sources, to achieve and maintain financial stability and to address Petaluma's needs, is long-standing. It has been a recurring subject of City Council consideration since 2010. A failed sales tax measure, Measure Q, was placed on the ballot and decided by voters in 2014. Measure Q was for general purposes and required a simple majority to pass. Effort was initiated in 2016 to place a sales tax measure focused only on roads on the ballot. It was discussed as a special purpose tax, and would have required a 2/3 supermajority to pass. That measure was not placed on the ballot due to polling that showed public support needed to achieve the 2/3 requirement was lacking. Both general and special purpose taxes require the approval of 2/3 of the City Council (five members) to place a measure on the ballot. Over the past decade, Petaluma City Councils have taken a host of actions to downsize staffing and operations to align spending with available resources. Similarly, City Councils have increased revenues that were within their discretion to modify. They also approved viable proposals to privatize, consolidate, and to automate so that less staff can continue to provide core services. Importantly, they've also done what local agencies can to address PERS rates, by establishing a lesser tier of benefit and by negotiating agreements with several employee groups to shift a share of the City's costs to those employees. Nevertheless, the City's five-year financial forecast, updated in May 2017, continues to project declining fund balances, and an overall imbalance in FY 2018/19 and beyond. Forecasting has projected negative balances of this type since it was introduced in 2011 and reflects, despite downsizing during the recession, a structural imbalance of expenditures in excess of revenues. This imbalance will be exacerbated over the next two decades by rising PERS rates. These rates are projected to increase, on the average, $1 million per year for the next ten years. Increases are based largely on obligations for payments to employees who are already retired or who no longer work for the City. The rates are projected to decline from approximately FY 2026/27 forward but, based on the material recently developed by the City's actuarial consultant, it will be 20 years before the rates Petaluma pays to Ca1PERS return to today's levels. On April 24, 2017, the City Council conducted a workshop to re-initiate discussions regarding new sources of revenues that can be used to address pension cost escalation, balance projected deficits, and meet ongoing needs. The City Council reviewed the limited list of available options. Options included: Sales Tax, Transient Occupancy Tax, Parcel Tax, Business License Tax, Property Tax for Debt, Real Property Transfer Tax, and Admissions Tax. The City Council was provided projections of the potential revenue -generating capabilities for each of these sources, allowable uses, and voter approval requirements. Pursuing any of these sources would require voter approval. The City Council expressed its preferences, and narrowed focus to options that included the Transient Occupancy, Property Transfer, and Business License taxes. There was not strong or unanimous preference shown with respect to the latter two sources. Other options were viewed as less promising for reasons including: too little revenue generated; limitations as a special tax, and perceived lack of voter support. Staff indicated the matter would be brought back for further guidance. Guidance sought includes the tax(s) to be considered for a measure, increase amounts, and timing of election. The staff report presented to the City Council on April 24, 2017 is provided for additional background information as Attachment 1. DISCUSSION Staff recommends seeking to increase two funding sources in 2018: the Transient Occupancy Tax and the Real Property Transfer Tax. There was also support at the April 24, 2017 workshop to increase the Business License Tax, as an alternative to the Real Property Transfer tax. The Business License tax structure is involved, however, and seeks to strike a balance between a variety of business types, both large and small. As such, it would need to be re -designed to maintain balance if/when it is modified. The time associated with that effort does not lend itself to Petaluma's desire to go to the polls by mid -2018, so increasing this taxing source is not recommended at this time. It can be considered for an election cycle further in the future if the Council should so choose. Financial Forecasting The five-year financial forecast was updated in May, 2017. It projected the General Fund will fall out of balance during FY 2018/19, and deficits will grow in size in subsequent years. Work on the forecasting for this report began after the FY 2017/18 budget was adopted. It differs from the May forecast in three respects. First, working capital carryover estimates are increased from $100,000 to $300,000 per year, based on an analysis of post -recession fund balance totals. Second, it takes into account employee cost activity that was not incorporated in the May, 2017 assumptions. These modifications fine-tune the model as "most likely" scenario. Finally, the forecast model was extended to cover the ten-year period during which PERS rates will spike. This revised set of assumptions is referenced in this report at the "base case". Overall, in the base case, anticipated costs in excess of estimated revenues will result in a $37.1 million deficit in FY 2025/26. Attachment 2 summarizes the base case. The following sections discuss the effect increases in the Transient Occupancy and Real Property Transfer taxes can have on fund balances, and the ten-year projected deficit. Relying on only these sources, no scenario discussed will eliminate the FY 2025/26 deficit; additional proceeds from these or other sources will likely be needed before 2026. Transient Occupancy Tax (TOT) TOT rates charged in Sonoma County generally consist of two components: the rates adopted by the cities for their own needs, and a separate rate collected by most jurisdictions to support either a county -wide or local business improvement area. TOT, as discussed in this report, refers to only the rate retained by the City. The City Council indicated an interest in increasing the City rate from ten percent (10%) to twelve percent (12%). A two percent increase would place Petaluma equal to the highest rates currently charged in Sonoma County.. A TOT increase can be presented to the voters as a general tax or as a special purpose tax, depending on how the proceeds are to be used. An increase to this source is recommended as a general tax, to retain flexibility in its use. TOT is addressed in this forecasting in two parts. The first part addresses TOT that can be generated from a two -percent increase on existing lodging facilities, and on two new hotels that are either under construction or well into the planning stage. This will be discussed as "TOT — known". The second part will add into the forecasting three possible new hotels that are earlier in the planning stages. This scenario will be discussed as "TOT — potential". A discussion of "TOT — known" follows. The discussion of "TOT — potential" will conclude the Financial Forecasting section of the report, following discussions of Real Property Transfer tax scenarios. TOT—Known. The FY 2017/18 estimate for TOT is $2.75 million, based on Petaluma's rate of ten percent (10%). Two new hotels would add at least $500,000 per year to the current total when they are completed. That estimate is conservative, and anticipates some cannibalization from existing lodging. Including these two new hotels, and using this conservative estimate, would bring annual proceeds to $3.25 million. Each percent of the TOT would be worth $325,000. A two percent increase would generate an additional $650,000 per year. This would be in addition to the $500,000 in revenue projected for the two new hotels, for a total of $1..15 million a year in new revenues following hotel start-up. July 2018 is used as the assumed start date for both hotels. Attachment 3 shows the effect of this two percent increase in the revenue stream beginning July 2018. It preserves balance into FY 2019/20, and reduces the overall deficit in FY 2025/26 from the base case ending deficit of $37.1 to an ending deficit of $28.1 million. Documentary Transfer Tax/Real Probertv Transfer Tax (RPTT The California Documentary Transfer Tax Act allows a rate of $1.10 per $1,000 of value. The tax is imposed "on each deed, instrument, or writing by which any lands, tenements, or other realty sold within the county shall be granted, assigned, transferred, or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other person or persons, by his or their direction." Value is typically calculated based on assessed valuation. The law allows certain cities, mostly chartered jurisdictions, to establish RPTT at higher rates and/or to expand the circumstances under which the tax is imposed. Petaluma is one of these jurisdictions, and has a rate of $2.00 per $1,000 of value. It is estimated Petaluma will collect $1.15 million in RPTT in FY 2017/18. Increasing the RPTT could be done for either general purposes or special purposes. An increase to this source is recommended as a general tax, to retain flexibility in its use. Two scenarios were utilized to illustrate the effect of an RPTT on the General Fund forecasting: increasing the tax by one dollar per .every $1,000 of valuation, and increasing the tax by two dollars per every $1,000 of valuation. One dollar per $1,000 nets approximately $600,000, and two dollars nets approximately $1.2 million. Scenario 1 would add $635 to the transaction costs of a home sale, and Scenario 2 would add $1,270, based on the current average of $635,000.1 Both scenarios are displayed in Attachments 4 and 5 and add to the revenue generated by the "TOT — known" scenario displayed in Attachment 3. RPTT Scenario 1. Attachment 4 illustrates the effect of increasing the RPTT by one dollar per $1,000 of valuation. Added to the "TOT — known" increase, it preserves balance farther into, but not through, FY 2019/20, and reduces the overall deficit of FY 2025/26 from the base case to $23.4 million. RPTT Scenario 2. Attachment 4 illustrates the effect of increasing the RPTT by two dollars per $1,000 of valuation. Added to the "TOT -known" and RPTT Scenario 1, it preserves fund balance one additional year, into FY 2020/21 and reduces the overall deficit of FY 2025/26 from the base case to $18.8 million. This second scenario is recommended, as it preserves fund balance longer, and reduces the overall base case deficit by approximately $10 million more than the TOT -known scenario. TOT— Potential. As stated earlier, three additional hotels are in the early planning stages. Based on the projects that are currently being discussed, these hotels combined would add an average of 1 Zillow, March 2017 $1.1 million a year into the TOT base using the current rate of ten percent (10%). They would generate an average of another $220,000 per year at a twelve percent (12%) rate. The assumption used in this forecasting is that they would all come on-line in January 2020. Attachment 6 illustrates the effect of adding the revenues associated with these potential hotels to the TOT -known, and RPTT scenarios. With the addition of this revenue source, fund balance is preserved into FY 2021/22 and reduces the overall deficit at FY 2025/26 to $9.5 million It should be noted that this forecast does not factor an economic downturn during the coming ten-year period, although past experience suggests that some cyclical downturn can be expected. It is also the case that during the last downturn, both TOT and RPTT were dramatically.impacted as revenue sources. In that regard, this forecast should be considered a best case scenario rather than a most likely scenario. The approach the City Council appeared interested in taking in April 2017 was to focus effort on smaller taxing sources that would affect the least number of Petaluma residents, and which could be managed so as to show good faith to voters that trust in a tax increase is not misplaced. Increasing the TOT and RPTT can achieve those goals, but together do not create resources sufficient to eliminate the projected deficit through FY 2025/26. Optimally, a funding plan that eliminates all projected deficits for the period in question would be developed. TOT -known and RPTT scenarios preserve balance into FY 2020/21, and enable. the City Council to take advantage of the 2020 election cycle if deficits are still projected at that time. If the final three hotels materialize, balance can be preserved long -enough to provide three election cycles (following 2018's) to introduce additional revenue measures that will likely be found as needed to eliminate deficits that may be projected at that time. A package of revenue increases that includes a two percent (2%) increase in the TOT, and an RPTT increase from $2 to $4 per $1,000 of valuation, is recommended for the City Council's consideration. Election Timing At the April 2017 workshop, the City Council discussed the benefits and drawbacks of various election dates, and appeared to agree that the City's best chances for a successful measure would not be at a general election held in November 2018. Interest in alternate dates ranged from "as early as possible", to the June 2018 primary election. March 2018 was also discussed as a possibility, although questions existed as to whether that would be a by -snail election, and if Petaluma could utilize a by -mail election for the purposes of placing a tax measure on the ballot. Within this discussion, City Council appeared most interested in placing a potential tax measure on the ballot for the June 18, 2018 primary election, although the topic was left open for further consideration. As noted in the April 24, 2017 report,. State law designates four election dates: the second Tuesday in April in even -numbered years; the first Tuesday after the first Monday in March in odd -numbered years; the first Tuesday after the first Monday in June in each year; and the first Tuesday after the first Monday in November in each year. Statewide elections are generally held in June and November in even -numbered years. In 2018, by -mail elections may be held on the first Tuesday after the first Monday in March; the first Tuesday after the first Monday in May; and the last Tuesday in August in each year. Generally, local government elections calling for voter approval of taxes must be held on an established election date (or at a special election called by the Governor). This requirement does not apply to elections of charter cities and counties as these local governments are generally free to select their own election dates. Petaluma's elections have thus far been conducted at the ballot box, and not by -mail. In conversation with the County Recorder, it appears that the March 2018 election is by -mail, but that by -mail voting is not available to Petaluma due to the size of our population. Based on additional research conducted by the City Attorney's Office, however, it appears that Petaluma can conduct an election at the ballot box in March 2018. Local governments may call an election to seek approval of a special tax or bond measure on any date allowed in state law or authorized in their local charters. General purpose tax measures, however, must be decided at a regularly scheduled local election, unless an emergency is declared by a unanimous vote of the local government's governing body. This requirement applies to charter cities and charter counties, the City Council would need to make this requisite finding. From a timing standpoint, the City Council may want to plan for a June 2018 ballot. Legislation to place a measure on the ballot needs to be acted on approximately three months in advance of the election, leaving the City approximately 8 months to conduct community outreach and education before taking legislative action on a June ballot. Approximately five months remain before legislative action would need to be taken to place a measure on a March 2018 ballot, which may not be sufficient time to conduct an effective education and outreach effort and complete polling. Selection of a preferred election date at this time will enable staff to plan and prepare for the delivery of all these activities. Polling Polling, as has been performed in the past in anticipation of .placing a measure on the ballot, is recommended. Unlike earlier efforts, which conducted polling at the beginning and at the end of education and outreach efforts, it is recommended that any measure, or measures, the City Council may wish to place on the ballot in 2018 be polled only once — at the end of the education and outreach process. FINANCIAL IMPACTS Election costs are based on the cost of an election, and the number of registered voters in a given community.. A number of factors enter into the calculation of costs: the number of candidates involved, the number of measures on the ballot, consolidation with State-wide elections, and the number of entities sharing in the cost. In the past, estimates for Petaluma measures have ranged from under $20,000 to over $60,000. An off -cycle election will likely have fewer participants to share costs, and will be a more expensive option. Additional work with the County Elections Office will be needed as the City Council develops its approach to better determine election costs for the 2018 election dates discussed in this report. L-, ATTACHMENT(S) 1. April 24, 2017 Staff Report 2. Base Case Forecast 3. "TOT -Known" Forecast 4. RPTT Scenario 1 Forecast 5. RPTT Scenario 2 Forecast 6. "TOT -Potential" Forecast ATTACHMENT 1 DATE: April 24, 2017 TO: Honorable Mayor and Members of the City Council FROM: John C. Brown, City Managcr;_- =1J_ SUBJECT: Revenue Measure(s) Workshop RECOMMENDATION It is recommended that the City Councit consider and provide staff feedback regarding placing a tax increase measure, or measures, on future ballots. BACKGROUND In March 2017, the City Council adopted its goals for the two-year period of 2017 and 2018. Included in the goal "Maintain Fiscal Stability" is the priority "Establish New Revenue Sources" and within that are the tasks "revisit sales tax increase" and "consider other tax increase opportunities". This retains priorities and tasks included in the Council's goals for 2013 through 2016. This workshop is an opportunity for the Council to re-initiate effort on both these tasks. The necessity to establish new stable -based funding sources to address the City's needs is long- standing. It has been a subject of recurring consideration since 2010. Until now, consideration has focused on two tax sources: sales tax, and the transient occupancy tax (TOT). A failed sales tax measure, Measure. Q, was decided by voters in 2014. Thus far, there has been no attempt to increase TOT, due in some part to objections raised by the local lodging industry and in part to the relatively small increase in revenue this alternative provided when last analyzed. A third alternative, a parcel tax, was placed before voters in 2012 (Measure X), to finance Park improvements. Measure Q was a general purpose tax, Measure X was a special purpose tax. A general purpose tax requires a simple majority of votes to pass, a special purpose tax needs a 2/3 majority to pass. Both measures require the approval of 2/3 of the City Council (five members) to place a measure on the ballot. Effort was initiated in 2016 to place another sales tax measure, focused .on roads, on the ballot. It was to have been structured as a special purpose tax, but did not go forward based on polling that showed less than the requisite support to meet the 2/3 requirement. Work was done in 2012 to quantify and to prioritize unmet park needs that could be funded with a $52 - $500 per parcel tax. This range was selected on the basis of parcel size, and took into account past experience with the amount Of parcel tax voters tiwould be thought likely to 0 approve, This rate was expected to raise $12 million over a 15 -year period, or about $800,000 per year. The 15 -year period was also chosen as a term that would be favorable to voters. Work was done in 2013 and 2014 to quantify the City's unmet vehicle replacement, storm water, facilities, transportation, and public safety staffing needs. When viewed in a thirty (30) year window, these needs ranged from $366 to $466 million. A one -cent increase in the sales tax would have generated an estimated $10 million per year at that time, or $300 million over thirty years. Sales tax receipts have strengthened in the ensuing years, and a conservative estimate of $12 million per year is currently recommended to quantify a one cent increase. The City's set of unmet needs hasn't changed over the past three years, including the estimated $180 million needed to bring the City's streets up to "good" condition that was re -calculated in 2016 as part of an expenditure plan developed for the special tax for roads. While some emergency vehicles on the list provided to the City Council in 2013 were replaced through an interdepartmental loan, and some work has been done on City fire stations, vehicle replacement is periodic and repetitive, the work on fire stations is not the major remodels that are needed, and a dedicated funding source to pay for this work in the fiiture is still lacking. The City's five-year financial forecast, updated in February 2017, continues to project expenses in excess of revenues in each of the next four years. It also projects declining Rind balances, and imbalance during the 2018/19 fiscal year and beyond. This will be updated next week with the presentation of the annual budget. Due to reductions recommended as part of the 2017/18 budget, projections are slightly better than February's, with imbalances commencing in fiscal year 2019/20. As has been underscored in the past, balancing the budget is not the same as having the resources to maintain investments in structures, infrastructure, systems, equipment, and personnel, The unmet needs in these areas cannot be effectively addressed with existing revenue streams. Despite both this City's and the State of California's efforts to contain the rising cost of the retirement system, public agencies are facing increases in their Ca1PERS rates that will impact our budgets for the next two decades. On April 10, 2017, the City Council received a presentation on PERS rates. Dramatic escalation is projected over the next ten years, based in large part on the obligations for payments to employees who are already retired or who no longer work at the City. These increases translated to approximate increases on the average of $1 million per year, for the next ten years. The rates are projected to decline from that time forward, but based on the material presented, it will be 20 years before the rates Petaluma pays to CalPERS will return to the same levels as they are today. It should be noted the City Council has taken positive steps to improve its revenue picture, increasing user fees, setting development impact fees to build capital improvements, incorporating street impact fees into upcoming water and wastewater rate adjustments, and increasing franchise fees to provide both general purpose and streets firnding. As well, the. City downsized its operations curing the recession to correspond to slm-inking revenues. While budgets are increasing, reductions curing the recession were effective enough that budgets are still below levels in effect a decade ago. 2 DISCUSSION This section of the report is intended to offer the City Council some alternatives for consideration, and to develop a strategy for increasing revenues to meet needs and pension cost escalations. The City Council is asked to determine the most palatable of the options, based on revenue generating capability, allowable uses, approval requirements, and timing. Research identified a limited list of alternatives cities use to levy taxes. Petaluma has already employed several of these, and any increases or new taxes require voter approval. Alternatives include sales, transient occupancy and parcel taxes. Also included are the utility user's tax, the business license tax, property tax for debt, and "other" taxes. The "other" category includes taxes such as property transfer taxes and admissions taxes. All these alternatives except for the utility user's tax, which is prohibited by the City Charter, will be discussed in more or less detail in this report. A good summary of California taxation is included in Attachment 1. The attachment was written by the Legislative Analyst's Office in 2014, but is still good introductory information. To the, alternatives - - - Sales Tax. It is estimated Petaluma will receive approximately $12.5 million in FY 2017/18. This represents the City's share of the Statewide base uniform sales and use tax of 8.125 percent levied on taxable sales in Petaluma. To be conservative, and to reflect one-time and recurring adjustments that may occur, it is estimated that a one cent increase will net $12 million a year. Petaluma has among the lowest sales tax rates of Sonoma County cities. Only Windsor and Cloverdale (which passed a utility user's tax) are as low. The following table compares the current sales tax rates in Sonoma County cities Sales Tax Rates in Sonoma County, as of April 1, 20171 City Rate M) Cloverdale 8.125 Cotati 9.125 Healdsburg 8.675 Petaluma 8.125 Rohnert Park 8.625 Santa Rosa 8.625 Sebastopol 8.875 Sonoma 8.625 Windsor 8.1250 The current cap on sales tax in Sonoma County is 9.25 percent. Pursuant to State Law, the City of Petaluma can increase the general purpose local sales tax by as much as 1.125 percent. This would increase Petaluna's tax rate from S. 125% to the cap of 9.25 and could generate an additional $13.5 million annually (based on current estimates). The following is an estimate of proceeds using a variety of percentages, and over several periods of time: State Board of Equalization Estimated Sales Tax Proceeds, by Increase and Term Increase L= 5 years 10 year 20 years 30 years 0.5% $6,000,000 $30,000,000 $60,000,000 $120,000,000 $180,000,000 0.75% $9,000,000 $45,000,000 $90,000,000 $180,000,000 $270,000,000 1.00% $12,000,000 $60,000,000 $120,000,000 $240,000,000 $360,000,000 If adopted as a general purpose tax, these funds could be utilized for any City general governmental purpose. They could also be adopted as a special purpose tax, but the uses would need to be designated. Transient Occupancy Tax (TOT). It's estimated that Petaluma will receive approximately $2.75 million in TOT in 2017/18, based on Petaluma's rate of ten percent (10%). Progress is being made on two new hotels, which could add another $500,000 per year to the current totals when they are completed. That estimate is conservative, and anticipates some cannibalization from existing lodging. Including these two new hotels and using this conservative estimate, annual proceeds could total $3.25 million. This translates to $325,000 for each percent of tax levied, based on the current rate of 10 percent. TOT rates charged in Sonoma County generally consist of two components, the rates adopted by the cities for their own needs, and a separate rate collected by most jurisdictions to support either a countywide or local business improvement areas. TOT as discussed in this report refers to only the rate retained by the cities. The following table provides a comparison of those TOT rates in Sonoma County: Transient Occupancy Tax Rate Comparison, Sonoma County Cities City Rate Cloverdale 10% Cotati 10% Healdsburg 12% Petaluma 10% Rohnert Park 12% Santa Rosa 9% Sebastopol 10% Sonoma 10% Windsor 12% A two percent increase would place Petaluma equal to the highest rates charged in Sonoma County, a three percent increase would exceed all Sonoma County rates and a four percent increase would be the equivalent of larger cities such as San Francisco and Oakland. Using the $325,000 per year estimate for a one percent increase, a two percent increase would generate an additional $650,000, three percent would generate $975,000 a year, and Cour percent would generate S1.3 million a year. Like the sales tax, a TOT increase can be presented to the voters as a general tax or as a special purpose tax, depending on how the proceeds are to be used. The percentage needed for passage follows the same requirements, a simple majority for a general purpose tax, a 2/3 majority for a special purpose tax. Parcel Tax. A parcel tax is a levy on parcels of property, and is typically set at some fixed amount per parcel determined as necessary to pay for a specific service or improvement. A parcel tax cannot be based on a property's value. As a tax levied on property, it must be structured as a special tax, does not make revenue available for general purposes, and requires a 2/3 majority for passage. As an item added to the property tax bill there's a sense that parcel taxes over a certain amount will be viewed unfavorably by tax payers. The rates discussed in the Background section of this report regarding Measure X were set with that consideration in mind. This approach limits the amount of revenue such a measure can generate, again, using the Measure X example, rates of $52 -$500 per parcel, were estimated to generate approximately $800,000 per year. A revenue of this nature would best be used to finance a project, or set of projects, but cannot be used for general purposes. Property Tax for Debt. Proposition 13 specifically restricts the amount of property tax that can be levied on real property, and the amount it can be increased annually. One exception to this is an increase to finance infrastructure improvements through bonded indebtedness. Constructing a new Fire Station, using money borrowed against this source, would be one example of how this alternative might be used. As a property-based charge, the law requires such a levy to be approved as a special purpose tax, which requires a 2/3 majority to pass. It cannot be used for general governmental purposes. Business License Tax. Like nearly all California cities, Petaluma levies a business license tax, a tax on businesses for the privilege of conducting business within the City. These taxes can differ in structure, ranging from flat fees, sliding scales based on the number of employees, vehicles, square footage, gross receipts, gross payroll, or some combination of these elements. Petaluma's business license tax starts at a flat rate of $45 and increases depending on the type of business, and gross receipts. Approximately 5,200 businesses pay Petaluma's business license tax, at an average of $230 per business, per year. This generates $1.3 million a year, which is used as general purpose revenue. Comparing Petaluma's structure to those of surrounding communities does not lend itself to one usefirl table. As such, Attachment 2 provides a summary of our business license structure, and those in select surrounding communities. PetalL11118's rates were established in 1993, and last adjusted in 1995. Doubling the entire program, as an example, Could generate an additional $1.3 million per year. Increasing the business license tax could be done as a general purpose, or a special purpose tax. Other Taxes Documentary Transfer Tax/Real Property Transfer Tax. The California Documentary Transfer Tax Act allows a rate of $1.10 per $1,000 of value. The tax is imposed "on each deed, instrument, or writing by which any lands, tenements, or other realty sold within the county shall be granted, assigned, transferred, or otherwise conveyed to, or vested in, the purchaser or purchasers, or any other person or persons, by his or their direction." Value is typically calculated based on assessed valuation. In most cases, typically involving general law cities and counties, this rate is shared between the city and the county. In that case each agency charges $.55 per $1,000 of assessed valuation, for a combined total of $1.10. A full listing of these rates is provided in Attachment 3. The law allows certain cities, mostly chartered jurisdictions, to establish real property transfer taxes at higher rates and/or to expand the circumstances under which the documentary transfer tax is imposed. Petaluma is one of these, with a rate of $2.00. Added to the $1.10 charged by Sonoma County, the combined rate charged to transactions in Petaluma is $3.10 per 1,000 of valuation. The following table provides a list of the rates in effect in other Sonoma County cities, the County rate, and the combined rate: City Gen Law/ City Rate County Combined Chartered Per $1,000 Av Per $1,000 Av Rate Cloverdale general law $ 0.55 $ 0.55 $ 1.10 Cotati general law $ 1.90 $ 1.10 $ 3.00 Healdsburg general law $ 0.55 $ 0.55 $ 1.10 Petaluma chartered $ 2.00 $ 1.10 $ 3.10 Rohnert Park general law $ 0.55 $ 0.55 $ 1.10 Santa Rosa chartered $ 2.00 $ 1.10 $ 3.10 Sebastopol general law $ 0.55 $ 0.55 $ 1.10 Sonoma general law $ 0.55 $ 0.55 $ 1.10 Windsor general law $ 0.55 $ 0.55 $ 1.10 It is estimated Petaluma will collect $1.15 million in real property transfer taxes in 2017/18. As detailed in Attachment 3, some cities levy higher rates, with as much as $15 dollars per $1,000 of valuation charged in Berkeley and Oakland. A doubling of Petal urea's rate at the current transaction volume would generate an additional $1.15 million per year. By way of illustration, that increase would add $1,270 to the transaction costs of the sale of a ]ionic, based on the current average of $635,0002. Increasing the real property transfer tax could be done for either general purposes or special purposes. Admissions Tat. An admissions tax is a per ticket charge for attendance at a facility or event within the City. Events that serve as serve as fundraisers for nonprofit organizations can be exempted. In some cases, it may be required to exempt non -profits from the tax. It can also be written to charge an admissions tax in certain event venues such as a stadium or parade. ' Zillow, N/loch 2017 .y 6 Currently, eleven cities around the state are collecting an admissions tax. The table below summarizes the revenues and rates for the admissions tax of each city, for FY 2013/143. City Rate Revenue Avalon 4% of price of entry $ 549,968 Azusa $.5 per ticket $ 8,408 Fairfield $5.00 per person, golf courses $ 507,735 Indian Wells 10 percent price of entry $2,244,120 Inglewood 10 percent price of entry $ 237,180 Irwindale 3 percent price of entry $ 24,431 Pasadena 5 percent, max of $.5 $ 448,264 Pomona $.02 per carnival ride $ 219,586 San Fernando $.3 per ticket $ 770,051 San Francisco $.5 per ticket $25 and under $2,413,555 $1.50 per ticket over $25 Santa Cruz 5 percent on price of entry $2,274,117 Petaluma could choose to levy an admissions tax, which could be for either general governmental or special purpose. The amount of revenue that would be generated is dependent on what admissions are taxed, at what rate, and on the number of tickets sold. Research was not done with individual businesses in Petaluma to determine their "occupancy" rates. Estimates were based on approximately 2,200 seats between live music venues and movie theaters, and occupancy rates of between 30 and 60 percent were applied. Actual numbers for fair attendance and ticketed fairgrounds events were also used. On those bases, initial estimates indicate Petaluma could generate approximately $400,000 a year if a $0.50 admissions tax were levied. Higher occupancy rates, or a larger levy, would create greater revenue opportunities. There are other fiuiding mechanisms, such as benefit assessment districts for example, that could be used to fund certain improvements, but are not discussed here. The foregoing alternatives present what appears to be the broadest opportunities for generating the kinds of revenue needed to keep the City solvent into the future and to meet some of its unmet needs. In that regard, it's recommended that the City Council give the strongest consideration to revenues such as sales tax that provide the greatest support, and to those which lend themselves to general governmental purposes rather than to restricted purposes. In any event, the Council may need to package several of these alternatives together, or introduce them sequentially to voters; in order to provide the kind of financial stability and preservation of service this community deserves. One final note, in this regard. Senate Bill 1 was just signed into law, which will lend some support to fixing Petaluma's roads. The increase is modest, but it will provide approximately 1/3 more finding for streets than is currently available, reducing the amount that must be generated locally. Further, discussions are occurring regarding the extension of Measure NI, a local sales tax for transportation that has been funding area highway widening efforts and providing some support to local street and road work. A continuation of, and increase in, that source will also 3 CalirorniaCityFinance.com computations fi•om FY13-14 data reported to the California Slate Controller W provide needed relief to Petaluma, and further reduce the need to fund these improvements with local tax sources. Funding from these sources can have the benefit of enabling the City to address the single largest concern of our residents, our roads, and free up taxing capacity that can be used to focus on other City needs. Election Timin State law designates four dates as established election dates: the second Tuesday in April in even -numbered years; the first Tuesday after the first Monday in March in odd -numbered years; the first Tuesday after the first Monday in June in each year; and the first Tuesday after the first Monday in November in each year. Statewide elections are generally held in June and November in even -numbered years. Local government elections calling for voter approval of taxes generally must be held on an established election date (or at a special election called by the Governor). This requirement does not apply to elections of charter cities and counties as these local governments are generally free to select their own election dates; or for by -mail ballot elections. By -mail ballots may be held one of three dates: the first Tuesday after the first Monday in May in each year; the first Tuesday after the first Monday in March in even -numbered years; and the last Tuesday in August in each year. Petaluma's elections have thus far been conducted at the ballot box, and not by mail. Research can be done to determine how a by -mail balloting may be accomplished if the City Council wishes to further consider that option. It's clear that local governments may call an election to seek approval of a special tax or bond measure on any date allowed in state law or authorized in their local charters. It also appears that as a charter city, Petaluma may be able to call an election on other dates of its choosing, although more research will be needed to determine the limitations on that ability. There is, however, another limitation that applies to elections for general purpose taxes. These measures must be decided at a regularly scheduled local election, unless an emergency is declared by a unanimous vote of the local government's governing body. This requirement applies to charter cities and charter counties, although these entities generally have broad authority to set the dates of their regularly scheduled elections. During goal setting this year, the Council briefly discussed the wisdom of conducting a tax measure at other than a November election, considering either a June primary election or one of the other elections provided for by State Law. Taking into consideration the number of measures that can appear on a primary or general election ballot, it may make strategic sense to opt for an "off -cycle" election date so that voters' attention is directed solely to Petaluma. Such dates can easily accommodate special purpose tax measures, but if the City Council wishes to place a general purpose tax, or taxes on such a ballot it will need to make findings of emergency. Unfortunately, it appears that the fiscal conditions to support those findings will be existent for the General Fund, based on current forecasting. FINANCIAL IMPACTS Election costs are based on the cost of an election, and the number of registered voters in a given community. A number of factors enter into the calculation of costs, the number of candidates involved, the number of measures on the ballot, consolidation with statewide elections, and the number of entities sharing in.the cost. In the past, estimates for Petaluma measures have ranged from under $20,000 to over $60,000. An off -cycle election will probably have less participants to share costs, and as such could be a more expensive option. Additional work with the County Elections office will be needed, as the City Council develops its approach, to better determine election costs during 2017, or prior to November of 2018. ATTACHMENTS 1. Summary of California Taxation: "A Look at Voter -Approval Requirements for Local Taxes" 2. Business License Fee Comparison Schedule 3. California City Documentary and Property Transfer Tax Rates ATTACHMENT 1 Introduction For about 100 years, California's local governments generally could raise taxes without directly securing their residents' consent. Beginning in 1978, the state's voters amended the California Constitution several times to require that local government tax increases be approved by local voters. Recently, the Legislature has shown interest in exploring changes to voter -approval requirements for local taxes. Several proposals to place changes before the voters have been introduced during the current legislative session. This report was developed to provide contexf for discussions about the state's voter -approval requirements. We do not offer any suggested changes to these requirements. The report is divided into four sections: Local Government Basics. 'This section provides a brief introduction to local governments in California. 'doter -Approval Requirements for Taxes. This section summarizes the state's existing system of voter -approval requirements for local taxes. Hoiv California's Requirements Evolved. This section explains how the state's complex voter -approval system evolved. ALook at Election Results. This section reviews outcomes of local tax elections over the last 15 years. LOCAL GOVERNMENT BASICS Understanding California's voter -approval this section we provide a brief introduction to local requirements for local taxes necessitates some basic governments in California. knowledge of local governments, Therefore, prior to California Has Over 5,000 Local our discussion of voter -approval requirements, in Governments. Californians receive services from AN LAO BRIEF over 5,000 local governments—counties, cities, school districts, community college districts, and special districts (such as'fire districts, flood control districts, and water districts). Each local government has a local governing body (such as a city council or board of supervisors) that makes decisions about its programs, services, and operations. Local residents generally elect the members of local governing bodies. Role ofLocal Governments. Cities, counties, and special districts share the responsibility of providing municipal services—such as police, fire protection, sewer, water, parks, and libraries—to California residents. Counties, in addition to providing some municipal services, also provide countywide services, such as health and social service programs. School and community college districts are the primary provider of education from kindergarten to lower -level post -secondary education and vocational training. Local Governments May Increase Property Taxes Only to Finance Voter Approved Debt. Taxes levied on property owners based on a property's value are known as ad valorem taxes. (For the remainder of the report, ad valorem property taxes are referred to simply as property taxes.) The State Constitution limits, with narrow exceptions, the property tax rate to 1 percent. Local governments may raise the property tax rate only for two purposes: (1) to pay debt approved by voters prior to July 1, 1978 and (2) to finance bonds for infrastructure projects. Cities and Counties Have Broad Tax Authority. Outside of the property tax, cities and counties have authority to impose a broad range of taxes, including sales taxes, parcel taxes, utility taxes, hotel taxes, and business taxes. Figure 1 provides descriptions of the primary types of taxes that local governments may impose. Special Districts and School and Community College Districts Have Mom Narrow Tax Authority. Most special districts and school and community college districts are authorized to levy only parcel taxes to fund services. Parcel taxes generally are paid by most property owners within each local government's jurisdiction. In some cases, however, certain groups of property owners— such as senior citizens—may be exempted. A limited number of special districts—primarily transportation districts—also may levy sales taxes. Figure 1 Local Governments Levy Many Types of Taxes Property Tax A levy on property based on the properties' Cities, counties, special districts, and for debt assessed value and used for voter approved debt. school and community college districts Parcel Tax A levy on parcels of property, typically set at some Cities, counties, special districts, and fixed amount per parcel. Cannot be based on a school and community college districts property's value. Sales Tax A levy on the retail sale of tangible goods. Cities, counties, and some special districts Hotel Tax A levy on the occupancy of hotels, motels, or other Cities and counties short-term lodging. Utility Tax A levy on the use of utilities, such as electricity, Cities and counties gas, or telecommunications. Business Tax A levy on operators of businesses. Cities and counties Other Taxes Other types of taxes including Mello -Roos taxes Primarily cities and counties and property transfer taxes. 2 Legislative Analyst's Office www,lao.ca.gov i AN LAO BRIEF Local governments must obtain the approval of local voters to raise taxes. The only exception to this rule is for property tax rate increases to pay debt approved by voters before 1978. Local government voter -approval requirements vary based on several factors, including the type of local government raising the revenues, the revenue mechanism, and the use of the revenues. In this section we summarize California's complex system of voter -approval requirements for local taxes. Is the Charge a Tax? Some types of local government charges are not considered taxes and, therefore, are not subject to voter approval. In general, a local government levy, charge, or exaction is a tax and subject to voter approval unless it meets at least one of seven Figure 2 exemptions defined in the State Constitution. Figure 2lists these exemptions. Some charges are categorically exempt: fines and penalties for violating the law, entrance charges and charges for use of government property, local property development charges, and property assessments and property -related fees imposed in accordance with Proposition 218 (discussed in more detail below). Other charges are exempt if they satisfy certain conditions. Charges for a government service, benefit, or product are exempt if the local government (1) charges no more than its reasonable costs, (2) provides the service directly to the payer, and (3) does not provide the service to non -fee payers. In addition, regulatory fees are exempt if the fee is limited to the local government's direct cost to regulate the fee payer. Local Government Charges Exempt From Voter Approval y A charge imposed for a specific benefit conferred or privilege granted directly to, the payer that is not provided to those not charged, and which does not exceed the reasonable costs to the local government / of conferring the benefit or granting the privilege. v A charge imposed for a specific government service or product provided directly to the payer that is not provided to those not charged, and which does not exceed the reasonable costs to the local government of providing the service or product. V/ A charge -imposed for the reasonable regulatory costs to a local governmentfor issuing licenses and permits, performing investigations, inspections, audits, enforcing agricultural marketing orders, and the administrative enforcement and adjudication thereof. y A charge imposed for entrance to or use of local government property, or the purchase, rental, or lease / of local government property. v A fine, penalty, or other monetary charge imposed by the judicial branch of government or a local government, as a result of a violation of law. Y/ A charge imposed as a condition of property development. Y Assessments and property -related fees imposed in accordance with the provisions of Article XIII D. www,lao.ca.gov Legislative Analyst's Office 3 AN LAO BRIEF Determining the Applicable Voter -Approval Threshold All Local Government Taxes Fall in One of Three Categories. New local government taxes generally can be placed into one of three categories: (1) property taxes to finance debt, (2) general taxes, and (3) special taxes. Each of these categories has different rules regarding voter approval. Figure 3 displays a process that can be used to determine to which of the three categories a proposed tax belongs and to determine the tax's voter -approval requirement. Below, we define each of these categories of taxes and discuss the applicable voter - approval requirements. Requirements Vary to Increase Property Tax for Infrastructure Bonds. As discussed above, the property tax may be raised only to (1) pay debt approved by voters prior to July 1, 1978 and (2) finance infrastructure bonds. Additional, voter approval is not required to increase property tax to pay debt approved by voters prior to July 1, 1978. Voter approval is required to increase the property tax to finance infrastructure bonds. The voter - approval requirement to raise property taxes to fund bonds depends on the type of infrastructure project to be funded. Generally speaking, property tax increases for infrastructure bonds require approval by two-thirds of local voters. Property tax increases for school facility bonds that satisfy certain conditions, however, can be approved by 55 percent of local voters. 'These requirements are described in more detail in Figure 4 (see page 6). Simple Majority Approval Is Required for General Taxes, A general tax requires approval by a simple majority of voters, (A simple majority is 50 percent of voters plus one additional voter.) A general tax is a tax (1) levied by a general purpose government—city or county—and (2) expended, at the discretion of the local government's. governing body, on any programs or services. All non -property taxes which cities and counties are authorized to levy may be imposed as general taxes. Tivo-Thirds of Voters Are Requir-ed to Approve Special Taxes. Special taxes require approval from two-thirds of local voters. A special tax is a tax that meets one of the following conditions: Special -Purpose District Tax. All taxes— other than property taxes for infrastructure bonds—levied by special districts, school districts, and community college districts are special taxes. • Tax Dedicated to a Specific Purpose. A city or county tax dedicated to a specific purpose or specific purposes—including a tax for a specific purpose deposited to the agency's general fiend—is a special tax. All non -property taxes that cities and counties are authorized to levy may be raised as special taxes. • Tax Levied on Property. All taxes levied on property other than the property tax— typically parcel taxes—are special taxes. Election Timing State Law Establishes Official Election Dates, State law designates four dates as established election dates: (1) the second Tuesday in April in even -numbered years, (2) the first Tuesday after the first Monday in March in odd -numbered years, (3) the first Tuesday after the first Monday in June in each year, and (4) the first Tuesday after the first Monday in November in each year. Statewide elections generally are held in June and November in even -numbered years. Local government elections—including elections called for voter approval of taxes—generally must be held on an established election date or at a special election called by the Governor. his requirement does not apply to: i I4 Legislative Analyst's Office www.lao.ca.gov ,. AN LAO BRIEF Figure 3 How. to Determine the Voter -Approval Threshold for a Proposed Local Government Chargea a This graphic excludes property tax increases to pay debt approved by voters prior to July 1, 1978. A www.lao.ca.gov Legislative Analyst's Office 5 AN LAO BRIEF Elections of charter cities and charter counties (cities and counties that are governed primarily by their own charter as opposed to state law) as these local government are generally free to select their own election dates. Elections of school districts that have consolidated their election with a city or county. Elections for school facilities bond measures that are to be approved by two-thirds of local voters. All -mail ballot elections, which may be held on one of three dates: (1) the first Tuesday after the first Monday in May in Figure 4 each year, (2) the first Tuesday after the first Monday in March in even -numbered years, and (3) the last Tuesday in August in each year. Additional Limitations Apply to Some Taxes. Local governments may call an election to seek approval of a special tax or bond measure (except for school facilities bond measures subject to a 55 percent voter -approval threshold) on any date allowed in state law or authorized in their local charters. Additional limitations, however, apply to elections for general taxes and school facilities bond measures subject to a 55 percent voter -approval threshold. General taxes must be decided at a regularly scheduled local election, except in the case of an emergency declared by a unanimous vote Conditions a School Facilities Bond Must Meet to Qualify for 55 Percent Voter Approval ME��� The bond measure includes: • A requirement that the bond funds can be used only for construction, rehabilitation, equipping of school facilities, or the acquisition or lease of real property for school facilities. • A specific list of projects to be funded and certification that the school district board or community college board has evaluated safety, class size reduction, and information technology needs in, developing the list. • A requirement that the school district board or community college board conduct annual, independent financial and performance audits until all bond funds have been spent to ensure that the bond funds have been used only for the projects listed in the measure. Two-thirds of the governing board of the school district or community college district approve placing the bond measure on the ballot. V/ The bond measure is decided at a statewide primary, general, or special election or a regularly scheduled local election. V/ The property tax rate levied as a result of any single election will not exceed $60 (for unified school district), $30 (for a school district), or $25 (for a community college district), per $100,000 of taxable property value. y The bonds issued, when combined with other bonds issued by the district, will not exceed 1.25 percent of property value in the district or 2.5 percent of property value in unified school districts and community college districts. The governing board of the school district or community college district appoint a citizens' oversight committee to inform the public concerning spending of the bond revenues. 6 Legislative Analyst's Office www,lao.ca.gov AN LAO BRIEF of the local government's governing body. (This requirement applies to charter cities and charter counties, although these entities generally have broad authority to set the dates of their regularly scheduled elections.) School facilities bond measures subject to a 55 percent voter -approval threshold must be decided at a regularly scheduled local election or a state primary, general, or special election. A W California's voter -approval requirements for local taxes evolved over multiple decades, as can be seen in Figure 5. In this section, we discuss the major events in the evolution of voter -approval requirements for local taxes. Prior to Proposition 13, Most Taxes Could Be Raised Without Voter Approval. Local governments generally could raise or lower a tax without the assent of local voters prior to voter approval of Proposition 13 in 1978. For most local governments, the property tax was the most significant source of local tax revenue. Each local government annually determined the amount of property tax revenue necessary to finance the desired level of services and set its property tax rate—by a vote of its governing board—to collect that amount. A property owner's property tax bill reflected the sum of the individual rates set by each taxing entity serving the property. State law provided most local governments very limited authority to levy other non -property taxes. Cities, especially charter cities, were an exception as they had greater authority to levy non -property taxes. Although voter approval generally was not required Figure 5 Major Milestones in the Development of Voter -Approval Requirements for Local Taxes :.—� ----=ee--- Vii= _ _ u;,�� ,�'a....� e�� — _•..,,�- � -mar- �^^ -- �:.,,� a S', os, ;a 1978 Proposition 13 • Lowered the property tax rate to a maximum of 1 percent (for general purposes). • Required special taxes to be approved by two-thirds of voters. 1982 City and County of • Defined a special tax as a tax levied for a specific purpose. San Francisco v. Farrell 1986 Proposition 46 • Allowed local governments to raise the property tax rate to finance infrastructure bonds if approved by two-thirds of local voters. 1986 Proposition 62 • Required general taxes to be approved by a simple majority of voters. (Did not apply to charter cities.) 1996 Proposition 218 - Required all general taxes to be approved by a simple majority of voters. • Defined a special tax as all taxes (1) levied by special districts and school and community colleges districts and (2) used for specific purposes. • Required all parcel taxes to be levied as special taxes. 2000 Proposition 39 • Lowered the voter -approval threshold for school facilities bond measures to 55 percent. 2010 Proposition 26 • Narrowed the scope of charges that local governments can levy without voter approval. a Excludes provisions related to state taxes or local assessments and tees." www.lao.ca.gov Legislative Analyst's Office 7 AN LAO BRIEF for local taxes until 1978, as discussed in the by two-thirds of local voters. However, the measure nearby box, voter -approval requirements for local did not explicitly define the term special taxes and government debt date back to the 191h century. different local governments interpreted this term Proposition 13 Fundamentally Altered Local Government Finance. In June 1978, California voters approved a constitutional amendment that fundamentally changed local government finance. (Proposition 13 also required state taxes to be approved by two-thirds of both houses of the Legislature, Requirements for state taxes are not discussed in this report.) Specifically, Proposition 13 lowered the aggregate property tax rate in each county to a constitutional maximum of 1 percent (plus amounts necessary to pay debt approved by voters prior to Proposition 13) and assigned responsibility for property tax allocation to the state, In effect, Proposition 13 eliminated local government control over property taxes and immediately reduced local government property tax revenues by more than 60 percent. Voter Approval Required for "Special Taxes." Proposition 13 also required special taxes levied by local governments to be approved by two-thirds of local voters. At the time of Proposition 13's passage, the ramifications of this provision were unclear. Some supporters of Proposition 13 indicated that they intended special taxes to refer to all non -property taxes levied by local governments, thereby requiring all new local taxes to be approved differently, Notably, the City and County of San Francisco suggested an alternative definition of a special tax: a tax levied for a specific purpose. Based on this reasoning, in 1980 the City and County of San Francisco increased a tax on businesses for general government purposes without obtaining approval of two-thirds of voters. The legality of the new business tax was challenged—in City and County of San Francisco v. Farrell—and, in 1982, the California Supreme Court ruled in favor of San Francisco, In doing so, the Court defined a special tax as a tax levied for a specific purpose, as opposed to a tax used for general government purposes. (This ruling is hereafter referred to as the Farrell decision.) By extension, taxes levied for general government purposes, general taxes, were not subject to voter approval. Voter Approval Requirements Extended to General Taxes, Following Proposition 13, many cities that had historically been reliant on the property tax began to enact other non -property taxes. Business taxes, hotel taxes, and utility taxes that had comprised a small portion of city revenue prior to Proposition 13 began to comprise a growing share of city revenues. In many cases, these taxes were enacted as general taxes and, Vote Requirements for Local Debt Were Established in the 19th Century The State Constitution of 1879 required most local governments to obtain approval from two-thirds of local voters prior to issuing long-term debt. While these requirements remain in effect today (voters relaxed these requirements for school facilities bonds in 2000), the breadth of their application has declined over time. Various types of long-term obligations commonly incurred by local governments—such as lease -revenue bonds, certificates of participation, pension obligation bonds, and pension liabilities and other retiree benefits—have not been held to be debt subject to voter -approval requirements. Long-term obligations not subject to voter -approval were far less common among local governments over a century ago than they are today. 8 Legislative Analyst's Office www.lao.ca.gov AN LAO BRIEF therefore, did not require voter approval. In response to this trend, in 1984 the proponents of Proposition 13 advanced another initiative constitutional amendment, Proposition 36, that would have required all local government tax increases (both general and special taxes) to be approved by two-thirds of local voters. Voters did not approve Proposition 36. Two years later, voters approved Proposition 62, which required general taxes to be approved by a simple majority of local voters. Proposition 62 also reiterated that special taxes must be approved by two-thirds of local voters. Some challenged Proposition 62 in court, arguing that it (1) constituted an unconstitutional referendum on taxes and (2) as a statutory measure, did not apply to charter cities, which derive their taxing authority from the State Constitution. In 1990, prior to the California Supreme Court ruling on Proposition 62, voters rejected a measure (Proposition 136) proposing to amend the State Constitution to require, among other provisions, simple majorityvoter approval of all local government general taxes. Five years later, the California Supreme Court upheld the constitutionality of Proposition 62, for all local governments other than charter cities. Legislature Authorizes local Governments to Levy Parcel Taxes. While Proposition 13 capped property taxes, it did not prohibit other levies on property owners not based on a property's value. During the 1980s, the Legislature enacted a series of legislation that authorized local governments to levy a new type of tax on property owners: the parcel tax. Unlike the property tax which varies based on a property's value, a parcel tax is typically set at a fixed amount per parcel (or fixed amounts per room or per square foot of the parcel). Under Proposition 13, parcel taxes are the only source of locally controlled, general purpose tax revenue for most special districts, school districts, and community college districts. Proposition 218 Adds Voter Approval Requirements to the State Constitution. In November 1996, voters approved Proposition 218, which added to the State Constitutionn-a collection of voter -approval requirements for local taxes. Proposition 218 also made other important changes to local government finance, which are summarized in the box on page 10, In several respects, Proposition 218 simply constitutionalized aspects of the voter -approval system that already existed in statute and case law. First, Proposition 218 reinforced Proposition 62's simple majority approval requirement for general taxes. In doing so, Proposition 218 extended voter -approval requirements of general taxes to all local governments—including charter cities. Proposition 218 also largely affirmed the Farrell decision's definition of special taxes—special taxes are those dedicated for specific government purposes. Proposition 218 established in the State Constitution that special taxes are (1) all taxes levied by special districts and school and community colleges districts and (2) taxes for specific purposes, even if the revenues are deposited in an agencys general fund. Finally, Proposition 218 added to the State Constitution the requirement that all parcel taxes must be approved as special taxes, thereby requiring them to be approved by two-thirds of local voters. Proposition 218 also introduced a new requirement that a general tax must be presented to voters at a regularly scheduled local election, except in cases of an emergency declared by a unanimous vote of the local government's governing body. Voters Relaxed Proposition 13's Limit on Property Taxes. During roughly the same period that two measures (Proposition 62 and Proposition 218) were approved to expand the voter -approval requirements of Proposition 13, voters approved two measures that relaxed the Constitution's limitations on property taxes. a www.lao.ca.gov Legislative Analyst's Office 9 AN LAO BRIEF In June 1986, voters approved Proposition 46, measures proposed to lower the voter -approval which amended the provisions of Proposition 13 threshold (the proportion ofvoters that must to allow local governments to raise the aggregate approve a tax measure) for school facilities bond property tax. rate for the purpose of financing infrastructure bonds if approved by two-thirds of local voters. (Property tax increases to fiend infrastructure bonds are hereafter referred to as measures. Specifically, Proposition 170 (November 1993) and Proposition 26 (March 2000) proposed to lower the voter -approval threshold from two-thirds to a simple majority. These measures "bond measures.") Following Proposition 46, three were not approved byvoters. The third measure, Proposition 218 Addressed More Than Voter Approval of Taxes Proposition 218, a constitutional amendment approved by voters in November 1996, added to the State Constitution a collection of -voter-approval requirements for local taxes, Proposition 218 also constrained the revenue -raising capacity of local governments in other ways, described below. Tightened Approval Requirements for Property Assessments. Local governments may levy a charge, known as an assessment, on property owners to pay for a particular public improvement or service—such as flood control improvements, streets, lighting, and landscaping—that benefits the properties. Assessment rates are linked to the cost of providing the service or improvement. Proposition 218 established requirements local governments must follow to impose an assessment. First, a local government must verify that property owners would receive a specific, direct benefit from the project or service being funded by the assessment. Second, a local government must estimate the cost of providing the specific benefit to each property owner. Next, each property owner's assessment should be set such that the assessment does not exceed his or her proportional share of total costs. Finally, the local government must notify all affected property owners by mail. Each assessment notice must contain a mail -in form for the property owner to indicate hi's or her approval or disapproval of the assessment. The assessment maybe imposed only if 50 percent or more of these forms, weighted by the assessment amount each property owner will pay, support the assessment. Constrained Local GovernmentAttthority to Impose Certain fees ort Property 01vners. Proposition 218 limits local government authority to impose property related fees." This term is defined as fees imposed "as an incident of property ownership" and includes fees such as those for garbage service, sewer service, and storm water management. Under Proposition 218, revenues from these fees may not be used for a general governmental service or for a service not immediately available to the fee payer. In addition, the amount of the fee may not exceed the local government's proportionate cost to provide the service to the property owner. Finally, Proposition 218 specifies that, before imposing or increasing these fees, the local government must (1) mail information to fee payers, (2) reject the fee if written protests are presented by a majority of the affected property owners and (3) hold an election except for fees for water, sewer, and refuse collection. Voters Given Polver to Reduce or Repeal Taxes and Other Charges Via Initiative. Proposition 218 also included a provision which expressly authorizes local residents to reduce or repeal any local tax, assessment, or fee through the initiative process. 10 Legislative Analyst's Office . www.lao.ca.gov AN LAO BRIEF Proposition 39, approved by voters in November 2000, lowered the voter -approval threshold to 55 percent for school facilities bond measures meeting certain conditions. Proposition 39 and legislation enacted to implement Proposition 39— Chapter 44, Statutes of 2000 (AB 1908, Lempert), as amended by Chapter 580, Statutes of 2000 (AB 2659, Lempert)—defined the conditions a bond measure must satisfy to qualify for a 55 percent voter -approval threshold. These conditions are described in Figure 4 on page 6. Proposition 26 Broadened the Definition of a Tax. It generally is easier for local governments Over the past 15 years, voters have considered over 3,000 local tax and bond measures (property tax increases to fund infrastructure bonds) under the rules described earlier in this report. In this section, we discuss the main findings of our review of the outcomes of these measures. The passage rate of tax and bond measures increased during the past 15 years. Proposition 39 led to a substantial increase in the passage rate of school facilities bond measures. Voter support of tax and bond measures is influenced by many factors, including location, revenue sources, use of the revenues, and election timing. Variation in voter -approval requirements results in variation in passage rates. Certain taxes, subject to a higher voter - approval threshold, pass less often despite receiving more yes votes. About the Data. We compiled data from two primary sources: (1) California Debt and to approve new fees—which can be imposed by a majority vote of the governing board without voter approval—than to approve new taxes. Proposition 26, approved by voters in November 2010, amended the State Constitution to recast as taxes some charges that local governments formerly could levy without voter approval. (Proposition 26 also recast as taxes certain charges that the Legislature formerly could impose as fees.) Under Proposition 26, a local government levy, charge, or exaction is a tax and subject to voter approval unless it ineets at least one of seven exemptions. Figure 2 on page 3 lists these exemptions. Investment Advisory Commission summary reports of state and local elections and (2) the California Elections Data Archive maintained by the Institute for Social Research at California State University, Sacramento, These sources provide the outcomes of most local tax and bond measure elections over the period 1998-2012. The dataset does not include information about measures proposed by special districts at local special elections. Passage Rates. of Tax and Bond Measures Have Increased Tax Measures Are Now Passing More Frequently. As Figure 6 shows (see next page), the statewide passage rate of tax measures increased over the period 1998-2012. Voters approved a little less than half of tax measures in 1998, compared with nearly two-thirds of tax measures in 2012. The increase in the passage rate of tax measures does not appear to reflect an increase in voter support for taxes because the average percent of electors voting yes for tax measures was fairly flat during this period. Instead, the upward trend in the www.lao.ca.gov Legislative Analyst's Office 11 AN LAO BRIEF Figure 6 Passage Hate of Local Tax Measures Increased Over Past 15 Years 60 50 40 30 20 t_TD Average Percentage of Electors Voting Yes on Tax - w Emm Passage Rate 10 ------ -- ------------ 98-99 00-01 02-03 04-05 06-07 08-09 10-11 2012 - i Proposition 39's reduction in the voter -approval threshold for school facility bonds, which comprise a significant majority of local bond measures. As Figure 7 shows, the passage rate of school facilities bonds increased by almost 30 percentage points following voter approval of Proposition 39 in 2000. in the 12 years following voter approval of Proposition 39, 83 percent of Proposition 39 school facilities bonds passage rate of tax measures appears to be due to an passed, compared to increase in the number of proposed general taxes 54 percent of bonds for the 12 year period prior to relative to the number of proposed special taxes. Proposition 39. Factors other than Proposition 39's Largely because general taxes are subject to a lower change in the voter -approval threshold for school voter -approval threshold, general taxes typically facilities bonds—such changes in availability of pass more often than special taxes. state matching funds or the various transparency Passage Rate of Bond Measures Increased requirements for Proposition 39 school facilities Significantly Following Proposition 39. The bonds ---could have contributed to the increase in statewide passage rate of bond measures also increased during this period. Voters approved 58 percent of bond measures in 1998, compared with 80 percent in 2012. Similar to tax measures, the increase in the passage rate of bond measures does not appear to reflect an increase in voter support for bonds. The average percent of electors voting yes on bond measures was roughly flat during this period. Rather, the increase in the passage rate of bond measures appears to be the result of 12 Legislative Analyst's Office www.lao.ca.gov !i AN LAO BRIEF the passage rate of these measures. However, the fact that we find no increase in the percent of yes votes received by school facilities bond measures suggests that the effect of these other factors was limited. No Clem- Trend In Passage Rate of Nonschool Bond Measures. Although the passage rate of school facilities bonds increased, we find that there was no clear trend in the passage rate of nonschool bond measures. During this period, voters approved 57 percent of nonschool bond measures. Location, Revenue Source, and Purpose Affect Passage Rates Taxes Passed More Often in Some Counties, The passage rate of tax and bond measures varies significantly from county to county. Voters approved over 80 percent of tax and bond measures in some counties, while voters approved less than a third of measures in other counties. Figure 8 displays the passage rate for each county. A Higher Percentage of Taxes Paid by a Narrow Group Passed Than Other Types of Taxes. Voters approved a higher percentage of taxes levied on a narrow taxpayer base—such as business taxes and hotel taxes—than other types of taxes. Figure 9 (see next page) shows the number of approved and failed tax measures by revenue source. As suggested by Figure 9, the passage rates of business taxes (68 percent) and hotel taxes (60 percent) exceeded the passage rates of other major types of local government taxes, specifically utility taxes (57 percent), sales taxes (54 percent), and parcel taxes (51 percent). Although business and hotel taxes passed more often, they represent less than 20 percent of approved tax measures (in part because only Figure 8 Local Tax and Bond Measure Outcomes Vary Across Counties Note: According to our data, no measures were proposed in Alpine County between 1008 and 2012. www.lao.ca.gov Legislative Analyst's Office 13 AN LAO BRIEF Figure 9 Which Types of Local Taxes Have Higher Passage Hates? Number of Proposed Local Taxes by Type, 1998 to 2012 Business Tax %;: Hotel Tax - Approved Tax Mea '.`� Failed Tax Measure Utility Tax Sales Tax Parcel Tax 100 200 300 400 500 600 700 80 cities and counties may impose these taxes). Over two-thirds of approved measures were parcel taxes and sales taxes (taxes that also maybe imposed by special districts and/or schools). Taxes for Education Pass More Often Titan Taxes for Other Purposes. Education -related tax and bond measures passed significantly more often than measures dedicated for other purposes. Figure 10 shows the passage rates of taxes dedicated to various 70 Purposes. Education- 60 related 50 measures 40 also 30 comprised 20 a significant io majority (75 percent) School K-14 Nonschool Facilities Education Infrastructure of approved Bonds Bonds measures. Election Timing Affects Passage Rates Tax wid Bond Passage Rate' Measures More Likely 5: r= to Pass at Off -Cycle 68% '' Elections, As discussed sures �. previously, local s 60 governments have substantial autonomy 57 in deciding when to 59 present tax and bond �_ measures to voters for <_s 51 - approval. In examining —r—T� city and county tax and 0 900 1,000 1,100 bond elections during the period 2002-2011, we found placing a measure on a statewide ballot significantly affected its passage rate. (This analysis is limited to cities and counties because voter registration data was not readily available for other local governments.) During this period, the passage rate of city and county tax and bond measures on a statewide ballot was 58 percent compared to 68 percent for measures not on a statewide ballot. Figure 10 Taxes for Education Passed More Often Than Taxes for Other Purposes Passage Rate of Local Taxes by Purpose, 1998 to 2012 80 14 Legislative Analyst's Office www.lao.Ga.gov Water Public Transportation Library Heallh Parks Safety and Recreation AN LAO BRIEF Vote1• Participation Is Higher- at Statewide Flections ... We also found that voter participation was higher for tax measures on a statewide ballot. On average, 55 percent of registered voters cast a vote on city and county tax and bond measures on a statewide ballot, compared to only 30 percent of registered voters for city and county measures not on a statewide ballot, ... However, Voter- Participation Does Not Appear to Explain Differences in Outcomes. Differences in voter participation, however, do not appear to explain why measures on a statewide ballot are less likely to pass. Even among measures with roughly similar voter participation rates, we found that the passage rate of measures on a statewide ballot fell below measures not on a statewide ballot. For example, measures with voter participation between 20 percent and 30 percent on a statewide ballot had a passage rate of 54 percent compared to 74 percent for measures not on a statewide ballot. Additional comparisons are shown on Figure 11. Some Taxes Passed Less Frequently Despite Being Favored by More Residents California's voter -approval system for local taxes provides for a higher voter -approval threshold for certain types of taxes than for others. Specifically, special taxes and bond measures are subject to a higher voter -approval threshold than general taxes. Additionally, rnonschool bond measures face a higher voter -approval threshold than school bond measures. One result of requiring higher approval thresholds for some taxes is that they were approved less often than other taxes despite receiving more yes votes. For example, 58 percent of electors, on average, voted in favor of city taxes, a significantly lower percent than the percent.voting for special district taxes (63 percent) and school and community college district taxes (68 percent). Nonetheless, as Figure 12 shows (see next page), city taxes passed about as often as school and community college district taxes and significantly more often than special district taxes. Similarly, 63 percent of electors, on average, voted for city and county taxes for specific purposes, compared to 55 percent of electors for general taxes. General taxes, however, passed considerably more often than city and county taxes for specific purposes -18 percent more general taxes passed than special taxes. Figure 11 No Clear Relationship Between Voter Participation and Tax Measure Outcomes Passage Rate of City and County Taxes, 2002-2011 ® Non -Statewide Elections 80 ' Statewide Elections 70 60 50 4030 t lar r pt IN {l dies{ 20 —_:= tS 10 r RM Less Than 20% 20%-30% 30%-40% 40%-50% Greater Than 50 Voter Participation www.fao.ca.gov Legislative Analyst's Office 15 AN LAO BRIEF Figure 12 Special District Taxes deceived Anore Yes Votes But Passed Less Often Than City Taxes ® Average Percent of Electors Voting Yes on Tax 80% 70 60 50 40 30 20 10 Special Districts Cities School and Counties Community College Districts California's system of voter -approval requirements is complex. As described in the first section of this report, local government approval requirements vary based on many factors, including the type of local government raising the tax, the revenue mechanism, and the use of the revenues. The system has become increasingly complex in every decade since the 1970s. As discussed in the report's second section, the current system developed in a piecemeal fashion. Neither the voters nor the Legislature have been asked to consider the current system as a complete package. Recently, the Legislature has shown interest in exploring changes to voter -approval requirements for local taxes. In this report, we do not offer any suggested changes to the state's system of voter - approval requirements. Nonetheless, because our analysis in the third section of this report shows that the decisions Californians make about voter - approval requirements have significant implications for local government finance, we suggest that the Legislature and voters carefully weigh the ramifications of any potential changes to these requirements. LAO Publications This brief was prepared by Brian Uhler and reviewed by Marianne O'Malley, The Legislative Analyst's Office (LAO) is a nonpartisan office that provides fiscal and policy information and advice to the Legislature. To request publications call (916) 445-4656. This brief and others, as well as an e-mail subscription service, are available on the LAO's website at wwwAao.ca.gov. The LAO is located at 925 L Street, Suite 1000, Sacramento, CA 95814. 16 Legislative Analyst's Office www.lao.ca.gov City of Petaluma, CA Business License Fee Comparison Schedule 4/17/2017 City Minimum fee Gross receipts fee (or cost of operations * ** ****) Petaluma Santa Rosa Retail Wholesale/Suppliers Public Utilities Miscellaneous > $281,250 45.00 or. 0.00016 ATTACHMENT 2 Retailing Services Contractors Professions Wholesaling Health Care Centers Land Developers Manufacturing Property Rental Recreation Corp/ Admn Headqtrs ** Public Utilities Entertainment > $25,000 > $25,000 > $25,000 > $25,000 max tax) $ 25.00 plus 0.00034 0.00084 0.00109 0.00168 Napa $0-49,999 $ $50,000 -149,999 $ $150,000 - 249,999 $ $250,000 - 499,999 $ $500,000 - 999,999 $ $1,000,000 - 1,499,999 $ Each $100k over $1,500k $ Service Admin Headqtrs* Contractors Professions Manufacturers* Entertainment First owner $ Recreation Service and Utility Property Rental > $281,250 > $140,625 > $93,750 0.00016 0.00032 0.00048 Retailing Services Contractors Professions Wholesaling Health Care Centers Land Developers Manufacturing Property Rental Recreation Corp/ Admn Headqtrs ** Public Utilities Entertainment > $25,000 > $25,000 > $25,000 > $25,000 max tax) $ 25.00 plus 0.00034 0.00084 0.00109 0.00168 Napa $0-49,999 $ $50,000 -149,999 $ $150,000 - 249,999 $ $250,000 - 499,999 $ $500,000 - 999,999 $ $1,000,000 - 1,499,999 $ Each $100k over $1,500k $ 25.00 50.00 75.00 110.00 165.00 250.00 10.00 All Rohnert Park Retail and Wholesale and First owner $ 50.00 Service and Utility plus: Each addit owner/employee $ 15.00 Annual $ 250.00 Contractor A & B Half year $ 150.00 Small business *** $ 100.00 Annual $ 150.00 Contractor C Half year $ 100.00 Small business *** $ 75.00 First unit $ 50.00 Rentals - Single Family Plus.. Each addit unit $ 25.00 First unit $ 50.00 Rentals - Other plus: Each addit unit $ 5.00 Professional $ 200.00 Professional plus: Each support staff $ 15.00 " Novato Contractors (state licensed) Jan -Dec operation $ 216.00 April - Dec operation $ 162.00 July- Dec operation $ 108.00 Oct - Dec operation $ 54.00 <$50,001 Professionals Per professional: Jan -Dec operation $ 216.00 April -Dec operation $ 162.00 July -Dec operation $ 108.00 Oct - Dec operation $ 54.00 plus: $500,001 - 750,000 Per additional owner/ employee: $750,001- 1,000,000 Each empl/owner##2 -10 $ 22.00 Each empl/owner#11- 50 $ 16.00 Each empl/owner H51 + $ 11.00 0.00030 > $1,000,000 General Business/Misc One owner: Jan - Dec operation $ 135.00 April - Dec operation $ 101.00 July - Dec operation $ 67.00 Oct - Dec operation $ 33.00 plus: Per additional owner/ employee: Each empl/owner #12 -10 $ 22.00 Each empl/owner ##11- 50 $ 16.00 Each empl/owner 451 + $ 11.00 San Rafael Contractors and Service **** Wholesale and Retail $0-25,000 $ Multiple Rentals Three units $ 90.00 plus: 60.00 Each unit over three $ 25.00 $50,001-100,000 $ Real Estate Brokers <$50,001 $ 100.00 $50,001-100,000 $ 150.00 $100,001- 200,000 $ 200.00 $200,001- 300,000 $ 275.00 $300,001-400,000 $ 375.00 $400,001- 500,000 $ 475.00 $500,001 - 750,000 $ 625.00 $750,001- 1,000,000 $ 850.00 $1,000,001- 2,000,000 $ 1,200.00 >$2,000,001 $ 1,200.00 plus 0.00040 > $2,000,000 Contractors and Service **** Wholesale and Retail $0-25,000 $ 40.00 $25,001- 50,000 $ 60.00 $50,001-100,000 $ 80.00 $100,001- 200,000 $ 80.00 plus 0.00070 > $100,000 $200,001-300,000 $ 150.00 plus 0.00060 > $200,000 $300,001 - 500,000 $ 210.00 plus 0.00050 > $300,000 $500,001 - 1,000,000 $ 310.00 plus 0.00040 > $500,000 1,000,001- 2,000,000 $ 510.00 plus 0.00030 > $1,000,000 2,000,001 - or more $ 810.00 plus 0.00020 > $2,000,000 j or whichever is greater for Contractors and Service: Base rate $ 187.59 plus: Each full time employee $ 23.40 Each part time employee $ 11.70 I Professional and Semi Professional $0-50,000 $ 80.00 $50,001- 100,000 $ 120.00 $100,001- 200,000 $ 180.00 $200,001- 300,000 $ 270.00 $300,001- 400,000 $ 352.00 $400,001- 500,000 $ 428.00 $500,001- 750,000 $ 540.00 $750,001-1,000,000 $ 690.00 $1,000,001 - 1,250,000 $ 780.00 $1,250,001-1,500,000 $ 880.00 $1,500,001-1,750,000 $ 990.00 $1,750,001- 2,000,000 $ 1,100.00 $2,000,001- or more $ 1,100.00 plus 0.00030 > $2,000,000 Apartment Owners 0.0017 > $0 or (whichever is greater) per unit $ 32.85 Real Estate Businesses Basic rate $ 187.59 plus: Each broker/agent salesperson $ 54.47 Each full time employee $ 23.40 Each part time employee $ 11.70 * Petaluma - Administrative Headquarter and Manufacturers % based on Gross Receipts or Cost of Operations, whichever is higher ** Santa Rosa - Corporate and Administrative Headquarters % based on Cost of Operations *** Rohnert Park - Small Business: Gross Receipts under $75,000 per year **** San Rafael -Administrative offices, financial institutions, or commercial activity without gross receipts must use the cost of operations ATTACHMENT 3 California City.. Q6cumentary and Property Transfer Tax Rates Governance: Per $1000 Rov&TaxCnd* Pers1000 General Law or Chartered PvopertyVa|ue!Sec 118114192S CitVRub Countv Rate PonpnrtyVu|uo Total C6WForni6iCituFipvanxocn*" page I of 13 12.60 PIEDMONT Chartered $13.00 $1.10 $ 14A0 ION CITY General Law $0.55 $0.55 $ 1.10 AMADOR General Law $0.55 $0.55 $1.10 BUTTE COUNTY $1.10 $1.10 BIGGS General Law $0.5,5 $0.55 $1.10 Chartered Chartered COLUSA COUNTY $1.10 $1.10 COLUSA General Law $0.55 $0.55 $ 1.10 NTIOCH General Law $0.55 $0.55 $ 1.10 C6WForni6iCituFipvanxocn*" page I of 13 California City Documentary and Property Transfer Tax Rates Governance: Per $1000 € Rev&Tax Code I Per $1000 General Law PropertyValue Sec 11911-11929 PropertyValue `=37 or Chartered City Rate County Rate Total ........................................ MORAGAGeneral Law I I $ 0.55 111 11 $ 0.55 $ 1.10 .................................................................................................. OAKLEYGeneral .................................................................................................................................. Law $ 0.55 $ 0.55 $ 1.10 ......................................................................................................... ORINDA General Law .................................................................................................................... $ 0.55 $ 0.55 $ 1.10 PINOLE ................................................................................................................................................ General Law $ 0.55 $ 0.55 $ 1.10 ................................................................................................................................................................................................................................... PITTSBURG General Law $ 0.55 $ 0.55 $ 1.10 .....................................................................................................................................................................................................................................I........,...1....I._.. PLEASANT HILL General Law $ 0.55 $ 0.55 $ 1.10 RICHMOND ....................................................................................................................................................... Chartered $ 7.00 $ 1.10 $ 8.10 SAN PABLO .................... General Law ........ ..................................................................................................... $ 0.55 $ 0.55 $ 1.10 ............................................................................................................................................................................................................................ SAN RAMON . Chartered $ 0.55 $ 0.55 $ 1.10 .................................................................................................................................................................................................................... WALNUT CREEK General Law $ 0.55 $ 0.55 ,RE!,,11�01-TE COqNTK$1.10 ............................................................................................................................................................. $110 CRESCENT CITY .............................................................................................................................................................. General Law $ 0.55 $ 0.55 .. 1.10 DORADO COUNTY ................................................................................................................................................... $1.10 $1.10 PLACERVILLE ...................... ..................................... General Law .......... ................................................................:................ $ 0.55 ..... SOUTH LAKE TAHOE ....................................................................................................................................................... General Law $ 0.55 $ 0.55 $ 1.10 • .................................................................................I.,--.......................................I...:.....I.....I........, $110 $110 CLOVIS General Law $ 0.55 ...................... $ 0.55 ............. I .............. .......... $1.10 COALINGA .......................................................................................................................................................... General Law $0.55 FIREBAUGH General Law $ 0.55 $ 0.55 $ 1.10 ........................................................................................................................................................I.......,................... FOWLERGeneral Law $ 0.55 $ 0.55 $ 1.10 ................................................................................................................................................................................................................................... FRESNO Chartered 0.55 $ 0,55 .....10 HURON I.$ General Law $ 0.55 $ 0.55 $ 1.10 ................................................................................................................................................................................................................................................... KERMAN General Law $0.5 5 $ 0.55 $ 1.10 .......................................................................................................................................................................................................................... KINGSBURG Chartered 0.55 .................F............,.......................,..,.,..,........,..................................................,................................................................................................................................ MENDOTA General Law .................................................................................................................................................. $ 0.55 $ 0.55 $ 1.10 ORANGE COVE General Law $ 0.55 ......... .....................................................................I.......................... $ 0.55 $ 1.10 .................. ................................................................................................. PARLIER General Law $ 0.55 $ 0.55 $ 1.10 ..................................................................................................................................................................................................... REEDLEY .. General Law $0 .55 $ 0.55 $ 1.10 ........................................................................................................................................................................................I............... BANGER General Law $ 0.55 $ 0.55 $ 1.10 SAN JOAQUIN General Law ...... ......... ........ $ 0,55 .......... .............. ............ ......... $ 0.55 .... .... ....... ............ ............................. $ 1.10 I ...... I............ .......... .......................................................... SELMA ... . General Law $ 0.55 ........................................................................................................................ $ 0.55 $ 1.10 COUNTY$ 1.10 1.10 ORLAND ................................................................................................................................................................. General Law $ 0.55 $ 0.55 $ 1.10 ................................................................................................................................................................................................................... WILLOWS General Law ................................................. $ 0.55 .......................................... $ 0.55 ............. ...................... $ 1.10 I....................... _• , • ............ $110 $110 ARCATAGeneral Law $ 0.55 ...... ................................................................... $ 0.55 $ 1.10 BLUE LAKE ................................................................................................................................................................................... General Law $ 0.55 $ 0.55 ............. $ 1.10 ...............I..... .... ........... .............. .................................................................................................................................................................... EUREKA Chartered $ 0.55 $ 0.55 $ 1.10 .............................................................................................................................................................................................................................................. FERNDALEGeneral Law $ 0.55 $ 0.55 $ 1.10 FORTUNAChartered $ 0.55 $ 0.55 ..1.10 RIO DELL General Law $ 0,55 $ 0.55 $ 1.10 ...................................................................................................................................................................................................................I........... TRINIDAD General Law $ 0.55 $ 0.55 $ 1.10 .......................... 'IMPk• .........................................................................................................................I...........I. $ 1.10 1.10 mjgc rev20Dec2016 CaliFomiaCityFinance.coKA page 2 of 13 `=37 California Citv Documentary and Property Transfer Tax Rates BALDWIN PARK ....................................I.........1111,......................... BELL BELLFLOWER ................................................................................... BELL GARDENS ............................................. BEVERLY HILLS mjgc rev20Dec2016 General Law Governance: Per $1000 € Rev&Tax Code Per $1000 $ 0.55 General Law PropertyValue Sec 11911-11929 € PropertyValue $ 0.55 or Chartered City Rate County Rate Total BRAWLEY General Law $ 0.55 $ 0.55 $ 1.10 CALEXICO General Law $ 0.55 ............................................................................................ $ 0.55 .......................................... $ 1.10 CALIPATRIA .............................................................. General Law $ 0.55 $ ...55 $ ...10 EL CENTRO Chartered $ 0,55 $ 0.55 $ 1.10 ........................................................................................................................................................................... HOLTVILLE General Law $ 0.55 $ 0.55 -...................1........ $ 1.10 ............................................................................................................................................................................................................................................ IMPERIAL General Law $ 0.55 $ 0.55 $ 1.10 WESTMORLAND .............................................................................................................................................................. General Law $ 0.55 $ 0.55 ................. .............. $ 1.10 I .... • • .............. .............. ............................ ........................ ..................... $110 ..... I ..... I............. $110 BISHOP ................................................................................................................................................................ General Law $ 0.55 $ 0.55 $ 1.10 ;KERN COUNW .................................................................................................................................................................. $ 1.1 0 $ 1.10 ARVIN .......................................................................................................................................... General Law $ 0.55 $ 0.55 1,10 ........................................... BAKERSFIELD ................................................................................................................-.......................................I...I............... Chartered $ 0.55 $ 0.55 $ 1.10 CALIFORNIA CITY General Law ............................................................................11.............,.............11 $ 0.55 $ 0.55 $ 1.10 DELANO General Law ............................................................................................................................ $ 0.55 MARICOPA General Law1.10 MCFARLAND General Law $ 0.55 ..........................................1111.................. $ 0.55 ....... $ 1.10 ........... ....................................................................................................................................................... RIDGECREST General Law $ 0.55 .................. $ 0.55 ..........I...I................,.... $ 1.10 ................................................................................................................................................................................................I..............................1111. SHAFTER Chartered $ 0.55 $0 .55 $ 1.10 ........................................................................................................................................................................................................................................... TAFT General Law $ 0.55 $ 0.55 $ 1.10 ......................................................................................................................................................................................................... TEHACHAPI General Law $ 0.55 $ 0.55 $ 1.10 ................................................................................................................................................................................................................. WASCO General Law $ 0.55 $ 0.55 $ 1.10 • .................................................................................................................................................................. $110 $110 AVENAL General Law $ 0.55 $ 0,55 $1.10 CORCORAN .......................................................................................................................................................... General Law $ 0.55 $ 0.55 $ 1.10 .............................................................................................................................................................I.....................................................1...I- HANFORD General Law $ 0.55 $ 0.55 $ 1.10 ..................................................................................................................................................................................I............ LEMOORE Chartered $ 0.55 $ 0.55 $ 1.1.0 L�KE• .................................................................................................................................................................. $ 1.10 1 10 CLEARLAKE ... .......... ............... ............................................................................................................:..................... General Law $ 0.55 $ 0.55 $ 1 10 ..................................................................................................:...............0.....,...........................,..........1111..........,....... LAKEPORT General Law $ 0.55 $ 0.55 $ 1.10 • ..1....................................... $ .10 ....�1.",1.0..............,... 1 1 SUSANVILLE General Law $ 0.55 ............... . $ 0.55 ................................... .............. $ 1 10 ....... .............. ,.L.OS ANGELES COUNTY$ ..................... .............. 1.10 ........... I ..... $ 1 10 AGOURA HILLS General Law $ 0.55 $ 0.55 $1.10 .......................................................................................................................................................................................................................... ALHAMBRA Chartered $ 0.55 $ 0.55 $ 1.10 .......................................................................................................................................................................................................................................................1111... ARCADIAChartered $ 0.55 $ 0.55 $ 1-10 ARTESIA General Law $ 0,55 $ 0.55 $ 1.10 ................................................................................................................................................................................................................................ AVALON General Law ...... ........................... $ 0.55 ........... ................... $ 0.55 .................... ...... ...... ........ $ 1.10 ........ ........ - ..... I.... ....................... ............. ................................. AZUSA .......................................................................................................................................................................................................................... ............... .. General Law $ 0.55 $ 0.55 .........I $ 1.10 BALDWIN PARK ....................................I.........1111,......................... BELL BELLFLOWER ................................................................................... BELL GARDENS ............................................. BEVERLY HILLS mjgc rev20Dec2016 General Law $ 0.55 $ 0.55 $ 1.10 ........................................................................................................................................................................ Chartered $ 0.55 $ 0.55 $ 1.10 General Law $ 0.55 $ 0.55 $ 1.10 ........................................................................................................................................................................ General Law $ 0.55 $ 0.55 $ 1.10 ........................................................................................................................................... General Law ........................................................................................................................................................................ $ 0.55 $ 0.55 $ 1.10 CafifomiaCityFihavice.com page 3 of 1.3 California City Documentary and Property Transfer Tax Rates Governance: Per $1000 Rev&Tax Code Per $1000 General Law PropertyValue Sec 11911-11929 € PropertyValue or Chartered City Rate County Rate Total BRADBURY General Law $ 0.55 $ 0.55 ........................................................................ $1.10 BURBANKChartered $ 0.55 $ 0:55 $ 1.10 CALABASAS ........................................................................ General Law $ 0.55 $ 0.55 $ 1 10 CARSON General Law $ 0.55 $ 0.55 $ 1 10 CERRITOSChartered $ 0.55 .......... ..................................... $ 0.55 ... ............ .............................I $ 1 10 ... ........ .... ... I ........ .............. ................................ CLAREMONT .......... .............. ............... General Law $ 0.55 $ 0.55 $1.10 ...................................................................:............................................................................................................................................ COMMERCE ................. General Law $ 0.55 $ 0.55 ......................... COMPTON Chartered ..0.55 $ 0,55 $1.10 COVINA General Law $ 0.55 $ 0.55 $ 1 10 ............................•........................,..............,...........,..............,........,..................,................................I....I................... CUDAHY General Law $ 0.55 $ 0.55 $1.10 .............................................................................................................................................................................................................................I...I............... CULVER CITYChartered $ 4.50 ......... .................. $1.10 ....... ........ .......... ... $ 60 ......... ...........5 ..I ......... I......... ............. ............... ........................................ ....................... ....... DIAMOND BAR .... ... .......................................... General Law $ 0.55 $ 0.55 $ 1.10 .........................................................................................................................................................................................I................... DOWNEY Chartered $ 0.55 $ 0.55 $ 1.10 ......................................................................................................................................................................................................... DUARTE General Law $ 0.55 $ 0.55 $1.10 EL MONTE .......................................................................................................................................................... General Law $ 0.55 $ 0.55 $ 1 10 EL SEGUNDO General Law $ 0.55 $ 0,55 $ 1 10 GARDENA General Law $ 0.55 $ 0.55 $ 1.10 GLENDALE Chartered $ 0.55 $ 0.55 $ 1.10 General Law $ 0.55 $ 0.55 $ 1 10 HAWAIIAN GARDENS.......................................General Law,,....... $.0.55 ........................ $.0.55 $.1.10............... HAWTHORNE General Law $ 0.55 $ 055 $ 1.10 HERMOSA BEACH General Law ......... ............ ............................................... $ 0.55 $ 0.55 ........... .................. .................. $ 1.10 ......I.........I....I............ ....................................................... HIDDEN HILLS General Law $ 0.55 $ 0.55 $1.10 HUNTINGTON PARK General Law $ 0.55 ..•......,.,...................,... $ 0.55 .... ...............,....,...................... $ 1.10 ...,. ,,......:.....,..... ...........................•.......................... INDUSTRY •.........,,..,......... ...a......er.•...e•..d Ch rt $ 0,55 $ 0.55 1 10 INGLEWOOD Chartered $ 0.55 $..0.:55 ............................$..1.:10................ .............. IRWINDALE .............................................................. Chartered $ 0.55 $ 0.55 $ 1 10 ...................................•....•.••,...........••....••......,.,.....,....•..,,......................................,............................................................. LA CANADA FLINTRIDGE General Law $ 0.55 $ 0.55 $ 1.10 LA HABRA HEIGHTS General Law $ 0.55 $ 0:55 ......,..................... $ 1.10 LAKEWOOD ......................................................... General Law $ 0.55 $ 0.55 $ 1 10 ............... :.................................................................................... LA MIRADA .......................................................................................................................................................... General Law $ 0.55 $ 0.55 $ 1.10 LANCASTER Chartered $ 0.55 $ 0.55 $ 1.10 LA PUENTE General Law $ 0.55 .................. ..................� $ 0.55 ........,........,......... $ 1 10 ........... ,..............I .... ........... ........... ...................................... LA VERNE .............. ... ..... .............. ............ General Law $ 0.55 0.55 $ 1:.10................ ......................................................................................................................................................................................................................... LAWN DALE General Law $ 0.55........................... . $..0:55............................ �..1..10 ............... ............................................................................................................................ LOMITA General Law $ 0.55 $ 0.55 $1.10 LONG BEACH Chartered $ 0.55 $ 0.55 $ 1 10 LOS ANGELESChartered $ 4.50 $ 1 10 .................................................. $ 5.60 .............................................................................................................................................................................. .. LYNWOODGeneral Law ............... $ 0.55 ............ ................... . $ 0.55 ............................ .............. $ 1.10 ......,..... ... .,...,....,......... ....... .......................................................... MALIBU ........ ............... G eneral Law $ 0.55 $ 0.55 $ 1 10 ................................................................................................................................................................................................ MANHATTAN BE 'General Law $ 0.55 $ 0:55 ................................,............................ $ 1.10 ........................................................................e..a..........,,................,........ MAYWOOD General Law $ 0.55 $ 0.55 $ 1 10 MONROVIA ..................................................................................................................................................................................................................................................... General Law $ 0.55 $ 0.55 $1.10 mjgc rev20Dec2016 CaWorninCity Fina nce,com page 4 of 13 ,4 a California City Documentary and Property Transfer Tax Rates Governance: Per $1000 Rev&Tax Code Per $1000 General Law PropertyValue Sec 11911-11929 PropertyValue or Chartered City Rate County Rate Total MONTEBELLO ......... ...... General I I I. Law ................ $ . 0.55 ... ......... $0.55 I ...... I ...... $1.10 ...... ... .... -... ..... I .......... MONTEREY PARK ......I .......... General Law $0.56 $0.55 $1.10 NORWALK General Law $ 0,55 5 ............... . . $ 0 .5 5 ...... .. . . 1 $ i '1 0 .......... ........ PALMDALE �. a eed . r . I I ...... .......... Chartered $ .. 0 . 5 5 i.- ....................................................................................................... $ ...55 S ..... I........ ... .... ............... General Law $0.55 I...................................................... .55 $0.55 $ 1.10 .10 .... ...111.1...... ..................................... PARAMOUNT -.............I....I............................I....I.... Law $0.55 $0.55................. $.11.10.. ....................... ....... ...........General PASADENA , I. .........Eha ere 055 $ 110 General Law w $ 0.55 ............... ..... $ 0.55 ..... I ................... $ i 10 ...... I..."..". ............... ....... ............. ..... .................... ... ................. I ........ I ....................... PO 0. I .... .. II I .............. Chartered I ........ .... 1".... $2.20 ........... $ 1.10 .. . . .......... $3.30 ........... ... I . e I n . e ............ a . w ..... - ....... $ 1. 0 1 .5 1 5 I .......... ......... $ 0 .5 5 ..... I I ............... ..................... $ i I 0 I ........................ ........ ................................. ............... N EACH ................. ............................. Chartered $2.20 $ 1.10 $3.30 ROLLING HILLS General Law $ 0.55 $ 0.55 $ I 10 ROLLING HILLS ESTATES General Law $ 0.55 $ 0.55 $ 1.10 ROSEMEAD General Law $ 0.55 $ 0.55 $ 1.10 SAN DIMAS General Law $ 0.55 $ 0 6 5 .............................$..i.:$ ............ . . 1 0 I 1 .......................................... SAN FERNANDO a . w e . n .e �W.Law $ 0.55 i 1 0 SAN GABRIEL General Law $ 0.55 $ 0.55 $ 'I 10 SAN General L a Law $ 0 5 5 .. $ 0 .5 5 $ 'I 1 0 SANTA CLARITA .. .. ... General Law .. .. ... $ 0.55 ............. .............. 1 . $ 0.55 . . ............... $ 1 1 0 . ... . SANTA FE a w ....... Ge .n Ie r I a I I I ....... L $ 0 .5 5 $ 0 .5 5 $ i '1 0 ... MONICASANTA ... .. .. Chartered $ 3.00 .............................. $ 1.10 ....... .......I-..................... $ 4.10 .......I....... ........... ...... SIERRA MADRE .........I.......I............ General Law $0.55 ... ........................ $0.55 ... " ........ $1.10 ... ............. I. ............ I., ............ .................. .................................................. SIGNAL HILL ........................................ Chartered ... $0.55 $ 0.�5 1T .................. S ............. I I ................................................................................................................................ General Law ... $0.55 ...... 1. $1.10 SOUTH GATE ........... General . . .1 Law I . ........ $ 0.55 $ 0.55 $ 1.10 SOUTH PASADENA General Law $ 0.55 $ 0.55 $ 1.10 TEMPLE CITY Chartered e. r.. 0. ...5 5... .5 5. Chartered -r..e...I .d.. I....... $ 0 55 . I"..,..................$ .$$.. .I . . $ 0.55 ............. .0 $ i 10 ...... . ....$ .1. . VERNON..................... ............. ...... .h...,a 1.1.Charered.......... .0.55 .....................I..$0.55 .."...I..... .0. ..........................$1.10..... .............. .i ......... .... .... .........................................I WALNUT General Law I.......11 1..............I...I............ $ 0,55 ................I............ $0.55 $1.10 .......-1.1 1..." ................... WEST COVINA iera) Law .5 5 $ 0.55 ' .5 5 $ 0.55 ........... $ 1.10 .10 ......................................... WEST ........................ E�neral Law ..... .. ... �E�5 .... ... .. l ... WESTLAKE VILLAGE ... .. .. .. General Law ...I.......... $ 0.55 . .1........ $ 0.55 .. ...1 ..............I........... $ 1.10 ..... I1. ..............I............... ..... WHITTIER ...I. EKa�ered $0.55 $055 $10 .................................................................................................................................................................... R-A-C-OUNTY $1.10 $1.10 CHOWCHILLA ... .. .. ... General I L a w .. .. ... .. $ 0.55 $ 0 .5 5 ....... ............................. $ i 10 ............ ... ................ ........... ..................... MADERA General Law ........ $ 1;10 ........... $ 1.10$1.10 .... ... .. .... I ..... I ............... I ....................... BENEEFFF" ........................................ General Law .................... ............................ $0.55 .. .. ... .. $0.55 .. .. ... .. $1.10 eneraI L a w General $ 0.55 $ 0.55 ...........................................I......... $ i 10 ... I ...........FAIRF ..................I..........I.................................. ........................................ General Law .55 ....................... $..0.:55............................$..1 .............................. ......I..........11................... SPUR ...............$.0.55 General Law $0.55 .......I.............I................ $R 0.55 ...... -1.i0 ................I...........1........ ..................I.................111.1.......................................I...............I...."........... ILL VALLEY ............. I ................... I ...... I ........................... I ....... I ....... ............. General Law I .............. ............................ $0.55 ............ $0.55 I ......... ........ ... .............. $1.10 I ...................... I ............. mjgc rev20Dec2O16 Ca1iFominCit.9Fiyxay%ce.coPA page 5 of 13 '1 California City Documenta!y and Property Transfer Tax Rates General Law PropertyValue Sec 11911-11929 PropertyValue County Rate Total or Chartered City Rate ..................... ........ General 8em '...... ....... 55 ______�.(lS5_____$1.10___ �-_�_����- ��_�----------------------------- _Law___.. General Law ___ � V�5 ______$1.10__ __________ SANANSEUNO _ General Law $035 $0.55 $110 ---_--__-_-'---_-~--_.~.-.,.--~.~_--.~._---__-----._-_--_--_----_----'_-' �ANRAFAEL Chorte red $2OO $110 %3]O ----------'------'---------'------------------------'------------------'' �AUSAL|TO OeneraLuw $i]0 .................. '.... ...... ' -------------'---------------------'--'---'-'--------'-' llBURON G�_era.Law $K65_______.. �(lS5________� . 1�10____ MARIPOSA COUNTY �i]U --------'--------------------------- 1----- i — FORTBRAGG ----------'--------'------'--'---'--' General Law $ 0.S5 $0.55 $ 1.1U ~~~^^^---^-----------^~----'-'--- PO|NTARENA ...... -'-... '--------------------^-------------- �enera Low �� $ 0 65 ___ �1j0 __ ����`������������`��������������������.��������� General Law �.�035_______� 0�5_$1.10________ _UKkAH__ VVLL[TS ___. General Law �8�SS �(l56 $1.10 ---------------~'--'--^~'^-------'------'---- i1 page 6 of 13 California City Documentaryand Property Transfer Tax Rates General Law PropertyValue Sec 11911-11929 PropertyValue Total or Chartered City Rate County Rate ALISO VIEJO General Law $0.55 $0,55 $ 1.10 COSTA MESA General Law $0.55 s General Law $0.55 $ 1.10 ITOS Chartered $0.55 $0.55 $ 1.10 ISSION VIEJO General Law $0.55 $0.55 $ 1-10 VILLA PARK General Law $0.55 $0.55 $1.10. STMINSTER General Law $0.55 $0,55 $ 1.10 COUNTY: ------ AUBURN�___�_______.____.____ General Law �$0i65 _______.__________.__________.�___...... $0.55 $ 1.10 COGeno/a Law �0.55 $O.55 ----------------' i '--''----------------------------'----------------' ......... __�LU�COLN__________________Genem|ILow___._(l�5_______�.o55________�1� � DO�|Sener�'-'-----_--_-----------------'---�'--'-- General Law $0i55 $0.55 � 11.10 __ROC—KLN__________.................... Gonera |Luw __...................................................................................................... $0S6 ________.______ �1 10 California City. Documentary and Property Transfer Tax Rates Governance: Per$1000 Rev&Tax Code por*10OO Generai'Law PropertyValue Sec 11911-11929 or Chartered City Rate Countv Rate PnopodyVa|un Total page Dn[13 �� -~� PORTOLA General Law $0.55 $0.55 $1.10 RIVERSIDE COUNTY $1.10 $1.10 BANNING General Law $0.55 $0.55 $1.10 COACHELLA General Law $0.55 $0.55 $1.10 artere MENIFEE General Law $0.55 $0.55 $1.10 INTO General Law CITRUS HEIGHTS General Law $0.55 $0.55 $ 1.10 LK GROVE General Law $0.55 $0.55 $ 1.10 so Chartered $0.55 $0.55 $1.10 TON General Law $0.55 ' 5 S RAMENTO Chartered $2.75 $ 1.10 $3.85 page Dn[13 �� -~� California Citv Documentary and Property -Transfer Tax Rates � �General Law PropertyValue Sec 11911-11929 PropertyValueor Chartered City Rate County Rate Total ---~ �--- -------'---- C nurnsu $O�5 --- $0.55 __ _________________ $1 i0 � _...... $0�55______�0��55________$1in___- _APPLE\�\LLEY_______________Ganeru|�Lmm____ ---'---....... General Law $056 *055 $1.10 --' -------_ IG BEAR LAKE .' Chartered $0.55 $0.55 $ 1.10 eneral Law $0.55 $0.55 INO HILLS ................ ........... ..... I— .......... ----� � —..�'--'—.'������.��..��.�.�.._—.,z..��.�_--_—_--'..—. eneraLaw $0,55 $1.10 ---'-- ____$_O�55______ eneral Law $0.55 $0.55 $110 Chartered $0.55 $0.55 $1.10 General Law $0.55 TWENTYNINE PALMS General Law $0.55 $0.55 $1.10 RLSBAD Chartered $0.55 $0.55 $1.10 eneral Law $0.55 .5 LA ESA General Law $0.55 $0.55 $1.10 S IEGO Chartered $0.55 $0.55 $1.10 Chartered ere nnjgrrev20Doc2Oj0 CuKf»n,i«Cit«Fihu»ce.««*^ page gcfj3 California City Documentary and Property Transfer Tax Rates Governance: Per $1000 Rev&Tax Code . Per $1000 General Law PropertyValue Sec 11911-11929 PropertyValue or Chartered City Rate County Rate Total VISTA...................................................................... ........Chartered.............. $..0:55........,....................:55.................,.......... $-1.10... ,.............., ~.••Over .................................. $100,000 AV => 0.5%, Over $250,000 AV => 0.68% SAN FRANCISCO Chartered Over $1 million AV => 0.75%, Over $5 million AV => 2.25% Over $10 million AV => 2.75%, over $25 million => 3.00% Discounts for certain solar & seismic improvments, .110 "Mig .................................................................................................................................................. 110 $110 ESCALONGeneral Law $ 0.55 0.55 ...................................................................... $1.10 .......................................................................................................................... LATHROP General Law $ 0.55 $0 .55 $ 1.10 ....................................................................................................................................................................................................................... LODI General Law $ 0.55 $ 0.55 $ 1.10 ............................................................................................................................................................................................................... MANTECAGeneral .. Law $ 0.55 $0.55 ...................................................................... $ 1.10 ............................................................................................................................................ RIPONGeneral Law $ 0.55 $ 0.55 $1.10 .................................................................................................................................................................................................................................. STOCKTONChartered $ 0.55 ......... ............. ........ ........................... $ 0.55 .......... .............. ..........I $ 1.10 . .......... .,............... .......... .... ................ ......................................... TRACY .................. ...................... General Law $ 0.55 $ 0.55 $ 1.10 •- •• • ......................................................................................................,...............,.............._.......................... $.. .10 $1.10 ARROYO GRANDE General Law ...............$.0.55 .,...................,.. $.0.55 .......,................. $ 1.10 ............. ATASCADERO General Law $ 0.55 0.55 ................................................:.........I........... $ 1 10 EL PASO DE ROBLES General Law*, -**--$--0 .55 $ ...55 $ 1.10 GROVER BEACH General Law $ 0.55 $0.55 $ 1.10 MORRO BAY General Law $ 0.55 ................................................................................................................. $ 0.55 $ 1.10 ......................................................................... PISMO BEACH .................................. General Law $ 0.55 $ 0,55 $ 1.10 SAN LU15 OB1SP0 Chartered $ 0.55 $ 0.55 $ 1.10 COUNTY$ ................................................................................................................................................................. 1.10 ..1.10 ATHERTON General Law $ 0.55 $ 0.55 $ 1.10 BELMONT General Law $ 0.55 $ 0.55 $ 1. 10 ..................... BRISBANE ................................................................................................................................... General Law $ 0.55 $ 0.55 $ 1.10 BURLINGAME General Law $ 0.55 I...................... $ 0.55 ,. .......... .....,...... .............,............................... $1.10 ................. ........................ ........................................ COLMA ... .......... .... General Law ........... ..................... $ 0.55 0.55 $ 1.10 ...................................................................................................................................................................... DALY CITY General Law $ 0.55 $ 0.55 $1.10 ................................................................................................................................................................................................................... EAST PALO TO General Law $ 0,55 $0.55$1.10 FOSTER CITY ...................................................................................................................................................... General Law $ 0.55 0.55 $ 1 10 HALF MOON BAY General Law ...... .............. $ 0.55 ..................... ........... ............. ........ $ 0.55 ......... ............ ............ .... $ 1.10 ...... ............ I ... I ......... .................. ................................................ HILLSBOROUGH General Law $ 0.55 $ 0.55 $1.10 MENLO PARK .......................................................................................................................................................... General Law $ 0.55 $ 0.55 $ 1.10... I........... ....................................................................................................................................................................................I...I...I.,.. MILLBRAE General Law $ 0.55 $ 0:55 .................... $ 1.10............. .................................................................................................................I........................... PACIFICA General Law $ 0.55 $ 0.55 $ 1.10 PORTOLA VALLEYGeneral .......................................................................................................................................................... Law ..................................................................... $ 0.55 $ 0.55 .... ........................ .......... $ 1.10 ..... -.......... I............. ....................................... ......................... REDWOOD CITYChartered ........ $ 0.55 ....... ............... ................. ................... $ 0.55 ......................... ............ $1.10 ,.... ............ I ........... ...................................................... .......... .......... ...................... SAN BRUNO ................................ General Law $ 0.55 $0.55 $1.10 SAN CARLOS General Law $ 0.55 ....... ............................ $ 0.55 .............. ............... ... ............ $ 1 10 .... -....... I ........... ........... ............................................................................................... SAN MATED Chartered -............................ 0.5 0 of value ....................... .................... $ 1.10 ................................ $ 6.10 .................................. .............. ............................................ .... ... ........... ........ ............................... SOUTH SAN FRANCISCO General Law $ 0.55 $ 0:55 $ 1:10 ...Il..... ........................................................................................I...I...............I....... WOODSIDE General Law $ 0.55 $ 0.55 ..... .... .. ..... ............ I..............� $1.10 .... :.:,.. .................. • ........................................................................................ $ 1 .1 0 10 injgc rev20Dec2016 Ca(iforninCity Firtance.com page 10 of 13'. California City Documentary and Property Transfer Tax Rates Governance: Per $1000 Rev&Tax Code Per $1000 General Law PropertyValue Sec 11911-11929: PropertyValue or Chartered City Rate County Rate Total BUELLTON General Law $ 0.55 $ 0.55 $ 1.10 .. CARPINTERIA ................................................................................................................................................... General Law $ 0.55 $ 0.55 $ 1 10 GUADALUPE ............................................................................................................................................................ General Law $ 0.55 $ 0.55 .....................................................•..........,.............,.....,..,....,.......$1.........,.....................................:, LOMPOC General Law $..0.55 $ 0.55 01............... $ 1 10 SANTA BARBARA Chartered $ 0.55 $ 0.55 $ 1 10 .1.10............... ..........................................................................................................................................................................................0.55,............................� SANTA MARIA Chartered $ 0.55 $ .............................................................................................................................................................................................................................. SOLVANG Chartered $ 0.55 ....................................:................................................................ $ 0.55 $ 1.10 ., $110 '1.................................$.1...................... $110 CAMPBELL .................................................................................... General Law $ 0.55 ...... $ 0.55 ..................0.55......................,.....,� 1.10 ................. ............................................................................................................. CUPERTINO General Law $ 0.55 $ 1.10......,........ . GILROY Chartered $ 0.55 ............................... $0. 5 5 ......... ......0.55 ......... ................. $ 1.10 ............... ....� ................................................................... ........... ............ ................................................ LOS ALTOS General Law $ 0.55 $ • 1.10 LOS ALTOS HILLS General Law $ 0.55 $ 0.55 LOS GATOSGeneral Law $ 0.55 ............................. ........................ $ .......... ..,...,......,...........,........I"...... 1.10 ............ ....... ....................... .......... ... ...... ...................... ............ MILPITAS .... ......................... General Law • $ 0.55 ......,..............,.......................0.55 $ ...........,.....,.........................10 $ 1. .................. MONTE SERENO ............................................ General Law 0: $ . 55.......................... $ 0.55 ......,.....,..........,. $.1,10............... MORGAN HILL .......................................................General Law............. $ 0.55 ......................... $ 0.55........................... $.1.10............... MOUNTAIN VIEW Chartered $ 3.30 $ 10 4.40 ...........................................................................................................•........................................................,.................,.........,... PALO ALTO Chartered $ 3.30 $ 1 10 ..4;40 SAN JOSE Chartered $ 3.30 $1.10 $_4.40 .................. ........................................................................................................................................................................ SANTA CLARA Chartered $ 0.�5 $ 055 $ 110 SARATOGAGeneral Law $ 0.55 ......................,...............$ $ 1 10 ............... .1.. ............ ................................................................... SUNNYVALE Chartered .....................................$. 0.55 0.55............................. 10CRUZ •..................................................................................... UNIf $.1.10 ...,............ .............................. .......... CAPITOLA General Law $ 0.55 $ 0.55 $ 1.10 SANTA CRUZ Chartered $ 0.55 $ 0.55 $ 1 10 SCOTTS VALLEYGen .................................................................................................................................................... era l Law $ 0.55 $ 0.55 $ 1 10 ..............:....................................................................................................................................................................................,,.....,................1...10............... WATSONVILLE Chartered $ 0.55 $,2.5.5 $ ... .10 $1.10 ANDERSON ........................................................................................................................ General Law .......................... $ 0.55 $ 0,55 $ 1.10 REDDING General Law $ 0.55 $ 0.55 $ 1 10 ............ SHASTA LAKE General Law $ 0,55 $ 055 1. 0 ' .., COUNTY .10 $1.10 LOYALTONGeneral Law $ 0.55 $ 0.55 .........................................I........................ $ 1 10 ............................................................................................1 10 $ ................... DORRIS ........................................................................................................................... General Law $ 0.55 $ 0.55 �11 1100 pUNSMUIRGen era l Law ....... -......... ................................... $ 0.55 .................... $ 0:55 $ 1 10 .......... ............ ................................................... ETNA ............... General Law $ 0.55$ 0.55 ....................................... 0 ....................................................................................................................................... FORT JONES General Law $ 0.55 $ 0:55 MONTAGUE General Law $ 0.55.•.__•••..,•.••• ..............055 1 0 MOUNT SHASTAGeneral Law $ 0.55 $ 0.55 $ 1.10 .......................................................................................................................................................................................................... TULELAKE General Law $ 0.55............................ ..0.:55 $ �..1�.......,....... WEED .............................................................................................................................................................. General Law $ 0.55 $ 0:55 ...........................................I.........I.. $1.10 mjgc rev20Dec2016 CalirominCityFinance.com page 11 of 13 I California City Documentary and Property Transfer Tax Rates - ---------'------' YRE�4 P $1000 1 Rev&Tax CodePer$1000 General Law PropertyValue Sec 11911-11929 PropertyValue or Chartered Rate County Rate Total ---------'------' YRE�4 ~^~~^~~^~~^~~^~^ _Ganoro.La�_...__�.(l55_______�_(l66________�.i.�10____ 1]O ~~~~^~'^~'~'~~~^'~~~~^''-~-^^~-----^- REN|C|A ..................... ................................................................................................................................... General Law $O.5S $0.55 ........ �i1O __________________________________________________________________ D0<ON Genero Law $0.55 $ FNRFlELD Senera |Law 0ON�� General Law .............................................. --------'--------'--------'------'------------------'-------------- SU)SUNC[TY Gene�)Low *1]0 '-^^^-^----'-----------'--^-----~^^^---'------------------'--'^'.~---- VAC/YILLE General Law � ........ ....... -- �i.iO ________________________________________________________________ VALLEJ0 Chartered $ 3.3O $ 1]O $ 4.4O ' ~^~''----^--'---~^^'~~'~^^~~'--^------'-`-----'-- �1.iU *i]O CLOVEROALE -----'--'-------'---'--'-------'-----------'-- General Law *110 ---------`------------'-------`'-------`----------`-`---------------......... C0TAT| General Law $1�80 $i1O $3.00 ----` -`------`---`-`--'----'-`-----------------`--------`-----`-----` HEALDS8URG General Law *1]0 -------'----'----------------'------'----------------'--------------'-~-' PETALU�A hadared i.i0 �3.1O -'~--'-----------------'-------'-------'---'----'--'---'-------'---'----' ROHNERTPARK Senem|Law $0i55 ~~-------------^^-----------'----'----------'---'----'----------'-- SANTAR0SA Chadered $2.00 $ i SEBA�TOP0L nd Law .������_������������'�����_.��.�.�_������ S0N0�A Gene�/La� � 55 -'----'-........... .... .......... --------------^-----'--.................................................................................................................... VNND3OR General Law $0.55 $0i56 $1]0 '-'-'^---'-`---------'--^---.^--^----------'--'-- CERES General Law $0.55 $0.55 $1.10 ESTO Chartered $0.55 $0.55 $1.10 ----'~----------'--------'--'-'--'-------------^--^--------'---'---------- TURLOCKGenendLow $0.6S $(l55 $1]0 -^'-'--------------------------------'---------------^-------'---'---'-- ,Rqjjtff COUNTY BA ITY General Law $0.55 $0.55 $1.10 Cakfo rkiia City Fikmme.com page 12 of 13 California City Documentary and Property Transfer Tax Rates General Law PropertyValue Ser, 11911-11929 PropertyValue or Chartered City Rate County Rate Total PORTEKVILLE nd i]0 CORNING ... General Law $0�55 `............................. $0�56 ---'-------'-'---'-------------------------------'-'----'- REDBLUFF Ganem|La� ��0�S5 %0�55 TEHA�A 8enem|Law $O 55 ........... ----'................. -'--------- �1]O ................. ........... __........ .......................... ........ ........................ ____ $1.100 ~... NUFi Chademd $O.55 $0 55 PORTEKVILLE nd $0.55 $O 55 FARN1ERSV|LLE Gonera |Law $K55 $0.5S ~^'^-------------------------------~-----^^'-^~--^-^^'^----------~~~''' L|ND3�Y � Chu�omd $O 55 �O.65 PORTEKVILLE Chartered $0.55 �Ci55 ------`--'-------'-`----------~--`-'-`---'---~`-`------------------'-- TULARE Chadonad�O�5S 1.10 Chartered $0.55 $0.55 $1.10 SONORA General Law $0.55 --'----~~'--'~^'^'^'^^^-'~'-'---~''---------------------------' �i.1U �1j0 '~~-~^-------------------------------------------------------� CAMAR}LLO Genem|Low �U.6S �O�55 �1�10 RLUNORE '------'--------------'---'--'-^'--''--^-'----'~'-~---- General Law ��55 '~^~~~^'~~--'-----'----------'-------------------'--'---------------'-'- �0�RPARK Go���w O�55 ................. 0JA| Gonom/La� $ 55 ---'~-----'------------------'^---'---^'~--'^--^~^-'~~~^'-'-'----'--'--'-'~'--~~-'-'^- OXNARD GoneroLow ._. ...... .._......... ...._..11...11.00 ....._ ......_..�.. PORTHUENEME Chartered$0.55$0i55 ----'-----------------'-'-'--------'--'--'-----------------'------'-'~--' SAN BUENAVENTURA Chartered $0.55 $0.55 ''-----~-^'---'------^'------'-'------'---'---'-----'--------------'----'- 3AN77\PAULA $ 0.55 � 1�iO ����-���������������'������'�`�������`����������������^~���`���������^...... S)K8|VALiEY General '-----------------'----'-----'------------'----'-'------------'--'----- THOUGANDOAKG 8enem|Low *[i55 $0�5S ............ $1 i0 ---'--------`---------`------- �i10 -........................... ........ �1]O DAV|S ----- General Law �0�56 ---- $0.53 ~--~- $1.10 ----------------------------------------------------------------------------------' VVEST3ACENTO General Law $O.55 $0.55 $1.10 ----------------------------------------------^--^^---------------------------------' N8NTER8 General Law $0.55 .-0 --.~---.--- �0.56 -------.-..-..--....--.--. $110 ... ---------.--..--.----------.--.------~~ VVOODLAND Gone---m-|Law -- - �1j *i]0 �220 -'---'---'-----'-----------------------------' �110 �i]O ~~~~~----------'--- �ARY3V|LLE ---------'---'-------'-----'------ Chartered' ........................................_�������������������............ $0�5G �O�S5 ������_�_�����������_������_����..._....... VVHEATLANDGenem|Law --'-------'-----'-'----------'----------'------'--''----------------'--' *0.55 %(l55 $1.10 ------------'-----............................................ COLFTA ... ...... .................... Gyner�Le� .................. ---...... %0.55 -.... ..... --.......... $0.55 .................... ---' $1]0 --'--'~-------------'--------------------------'-------------------'-- ��NCHOCORD0VA _________...... ........................................................ Senem|Law .............................................................................................................. �Ci55 �&55 �i.i0 ........................... ............ Source: California City Fina noe.uom uk�,rn���vF�v�nc�xowm n�g�rev20Dac2010 �~ page i3n[i3 . ! � ��0 ATTACHMENT 2 IR ri 1� P� r, N t!1 LD ' N M � � N [t N 00 00 ' I* t0 N m wN Ll) InQ1 ' N N � N U N N LD d d 00 r' Ln LLn H N V C4 N � N O Ln Ln r -I LD yr N LA Ln ' rl Y) rl N W d' lD 00 d' d tD ' N d00 LLn eH� l V U� N i -I M M Ui 00 00 H M M W Ln v N � N N O M O R* V N N 00 r1 M d Ol 0) ll� ei O O dam' U� N P� O O H O N ' N cn N e-1 N j O N N by a 0) C i 0) Qi L 41 m -� cU =cu O w ai ':3 00) a (�6 N X w C C m w LU w :3 D ATTACHMENT 3 cO ri M 119 r -I ri LD r -I 00 N Ln w N N N0) N Li r1 00 M LT Ln w ri L11 111 y N N M LD M 00 ri UD in Ln 0 H � N ri O 01 O 00 Ln M t� O Ln LLn y N � N O tt d Li O M M n Ln Ln V N � N N M ri d 111 cm H N V-4 M w n Ln V N N ri Lq Li ri Ch 00 V-1 i O ri y m N I� ri M cj ri � N co Ln O ri O ' N O LU N ct Lip '6 O r- .0 .Q d Q� -Fu 76 N } J L 3 O N d v O F ->i a O v C = F- LU w D ATTACHMENT 3 r ATTACHMENT 4 1� ri i, Ln H 1n P` M w N u1 w ' N ri LL N e -I N rl n 00 Cil V1 N 1l% wCr 111 ' N111 ei T-1 N �' N �" t} Ln 1^11 eco -i V N � LL N e-1 111 M d 00 w M u1 V NLn Cl U- cD d 00 O M N d N Ln LnN H V N 00 M 111 d G7 M r -i ri O H w 'zT u1 V N U. N 1l u1 131 Li [t 00 M O O O y N U- N Li 0) O O O y U- N 00 Ln O e-1 O U� N O O OA 'a () C Q� O) 4. 4.- p O) 0) > C O v w a c F- w w D D ATTACHMENT 4 V N N V N � N V N U� N :a O ri rl� 00 w ri Ln m 00 L .a G1 LU 1� N Li N I* R* cn ct cn M Ln Ln ' ' ri to CO ri ri N M i� Ch LnM in Ln ' ' ' M O Lf? ri N Ln N N Ln Ln Ln > N :' N N Li H M N O N Ln Ln 1' M C1 Il N O H OO O Ln Ln i M Ln M O P� m O O ri O l0 ri l0 [t O; � [t cp Ln O H O P� P� O O O M d ri N H ATTACHMENT 5 bA "a w C L .a G1 LU y i C C 41 3 :.a a� %- r_ C C v C Ncu 'a -0 Q. > C C ATTACHMENT 5 ATTACHMENT 6 In ri in o Lq N M l0 Q1 Ln tC v N N N N O O O lC Ql M co w N to Ln y � N Ln f\ N O M N N Ln LA L N 00 O M O1 d' Ln rq O O M r N Cyt U� N lD Ct 00 1*� c 1 rq en OLn N Ln V N � N 1l� M O i-1 ri yN Ln 111 N � N Q1 111 M O M (n O ri ri NRT d' V N lD ri (D [t O 13) O O ri N O H O 0 'tea' � N O N N N C 3 O Z m m CL 41 3 + > N O > C' > C C 0 w W > ATTACHMENT 6