BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 68
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          Date of Hearing:   March 23, 2011

                       ASSEMBLY COMMITTEE ON LOCAL GOVERNMENT
                                Cameron Smyth, Chair
                  AB 68 (Beall) - As Introduced:  December 14, 2010
           
          SUBJECT  :   Tax Equity Allocation formula: County of Santa Clara.

           SUMMARY  :  Modifies property tax allocations for several Tax 
          Equity Allocation cities in Santa Clara County.  Specifically, 
           this bill :  

          1)Deletes, beginning in the 2012-13 fiscal year, the requirement 
            that the Santa Clara County auditor reduce the amount of 
            property tax revenues allocated to the cities of Cupertino, 
            Los Altos Hills, Monte Sereno, and Saratoga by the Educational 
            Revenue Augmentation Fund (ERAF) reimbursement amount, and 
            commensurately increase the amount of property tax revenues 
            allocated to the county ERAF.  

          2)States that the Legislature finds and declares that a special 
            law is necessary because of the unique fiscal pressures being 
            experienced by several cities in the County of Santa Clara.

          3)Provides that reimbursement to local agencies and school 
            districts shall be made if the Commission on State Mandates 
            determines that this act contains costs mandated by the state.

           EXISTING LAW  :

          1)Requires the auditor of each county with qualifying cities, as 
            defined, to make certain property tax revenue allocations to 
            those cities in accordance with a specified Tax Equity 
            Allocation (TEA) formula established in statute and to make 
            corresponding reductions in the amount of property tax revenue 
            that is allocated to the county.

          2)Requires the auditor of Santa Clara County, for the 2006-07 
            fiscal year and for each fiscal year thereafter, to reduce the 
            amount of property tax revenue allocated to the county ERAF, 
            as specified.

           FISCAL EFFECT  :  Unknown

           COMMENTS  :   








                                                                  AB 68
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          1)About 30 cities that never levied a property tax before 
            Proposition 13 are called no property-tax cities, and about 60 
            cities that levied only low property tax rates are known as 
            low property-tax cities.  Counties must shift some of their 
            own property tax revenues to these no/low cities in the form 
            of TEA payments.

          2)In most counties, TEA payments to the no/low cities are equal 
            to 7% of the property tax revenues generated within their city 
            limits.  However, an exception required Santa Clara County to 
            allocate no more than 55% of the TEA funding that the four 
            no/low cities in the county would otherwise be qualified to 
            receive.  The 55% limit was the product of an agreement in 
            1989, reached through intense negotiations between Santa Clara 
            County and the cities of Cupertino, Los Altos Hills, Monte 
            Sereno and Saratoga.  
          3)One of the results of the agreement was that these four cities 
            argued that the limit on their TEA payments kept them from 
            adequately funding city services.  AB 117 (Cohn), Chapter 342, 
            Statutes of 2006, partially resolved this problem by 
            eliminating the 55% TEA cap, which saved the county $4.2 
            million in property taxes.  The elimination of the 55% limit 
            allowed the four cities to receive the full 7% of the property 
            tax generated within city limits.  In exchange, the cities 
            provided additional services that reduced county costs.  This 
            agreement to remove the 55% TEA cap was supported by the Santa 
            Clara County Board 
          of Supervisors.

          1)However, provisions included in AB 117 required the four 
            cities to fund ERAF at the county rate, which was higher than 
            the city rate.  According to the author and sponsor, these 
            cities in Santa Clara County are the only cities in the state 
            forced to suffer this inequity.  To achieve this, AB 68 
            deletes the requirement that the Santa Clara County auditor 
            reduce the amount of property tax revenues allocated to the 
            cities of Cupertino, Los Altos Hills, Monte Sereno, and 
            Saratoga by the ERAF reimbursement amount, and commensurately 
            increase the amount of property tax revenues allocated to the 
            county ERAF.  

          2)This bill is substantially similar to AB 1827 (Beall, 2008), 
            which was held in the Assembly Appropriations Committee.
                








                                                                 AB 68
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           3)Support Arguments:  Supporters argue that these four cities in 
            Santa Clara County are the only cities in the state forced to 
            suffer this inequity.  No other no/low property tax cities are 
            treated in this manner.  The Legislature may wish to consider 
            whether it is appropriate to continue this treatment, or 
            whether it makes more sense to treat no/low property tax 
            cities in a similar manner.

            Opposition Arguments:  By deleting the requirement that the 
            Santa Clara County auditor reduce the amount of property tax 
            revenues allocated to the four cities, there will be an 
            increase in General Fund expenditures to backfill the local 
            property taxes shifted from schools to those four cities.  
            Recognizing the dire financial situation that the state is in, 
            it may not be feasible for the state to take on additional 
            fiscal pressure at this time.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          City of Cupertino �SPONSOR]
          Cities of Monte Sereno and Saratoga

           Opposition 
           
          None on file
           
          Analysis Prepared by  :    Debbie Michel / L. GOV. / (916) 
          319-3958