HomeMy WebLinkAbout1975-07-24 - Resolution No. 75-126 0
RESOLUTION NO. 75-12
RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA
COUNTY WATER DISTRICT
RESOLVED, that the budget for the fiscal year 1975-76 be adopted
as presented and further,
RESOLVED that the tax rate for the ensuing year on property within
the Yorba Linda County Water District shall be exactly $0.38 per
$100.00 of assessed valuation, $0.1225 for the bond interest and
retirement fund and $0.2575 for general fund.
Passed and adopted this 24th day of July 1975.
Roll call vote: Ayes, Directors Clodt, Wagner, Lindow and Korn
Noes: none
Absent: Knauft
ATTEST:
President'
Secretal,
Yorba Linda County Water District
"?7 .i:
SEAL
ii i if ~1 1;
III a W i If ;I i i II L
~fi~ 11 It Ilii II I! Ii 1 11 IL I! -L i ; 11 LL [X11 L
4 0
YORBA LINDA COUNTY WATER DISTRICT
TAX RATE 1975-76
1974-75
Secured
$76,676,560
Unsecured
2,896,030
Public Utilities
3,154,270
Total AV
V82,726,860
X.42
Total Taxes $347,452
Rate Gen. Bond Total
.2440 .1760 .42
SB 90 & AB 2008 LIMITATION
1975-76
Secured $92,135,900
Unsecured 4,497,100
Est. Public Utilities 3,311,983
$99,944,983
Bond Interest Due 1975-76 $ 71,770
Principal Due 45,000
$116,770
$99,944,983 X .1225-5% Sec $116,790
General Bond Int & Red Total Maximum Tax Rate Possible
.26 .22 .48 $479,736
Maximum 1975-76 Limitation SB 90 & AB 2008 with actual Bond & Int Rate
f'and recommended tax rate for 1975-76
General
Bond Int & Red
Total Tax Rate
•26
.1225
.3825
$382,290
,p375
Less
1974-75
.24
.1225
.3625
$362,301
.02
Less
Max
.22
.1225
.3425
$342,312
.04
Less
Max
.20
.1225
.3225
$322,322
.06
Less
Max
i
YORBA LINDA COUNTY WATER DISTRICT
TAX RATE 1975-76
1974-75
Secured
$76,676,560
Unsecured
2,896,030
Public Utilities
3,154,270
Total AV
$82,726,860
X.42
Total Taxes $347,452
Rate Gen. Bond Total
.2440 .1760 .42
SB 90 & AB 2008 LIMITATION
1975-76
Secured $92,135,900
Unsecured 4,497,100
Est. Public Utilities 3,311,983
$99,944,983
Bond Interest Due 1975-76 $ 71,770
Principal Due 45,000
$116,770
$99,944,983 X .1225-5% Sec $116,790
General
Bond Int & Red
Total Maximum Tax Rate Possible
.26
.22
.48
$479,736
Maximum 1975-76
Limitation SB 90 & AB
2008 with actual Bond
& Int Rate
and recommended
tax rate for 1975-76
General
Bond Int & Red
Total Tax Rate
•26
.1225
.3825
$382,290
,0375
Less
1974-75
a5)S
'ld?s
,38,00
_
.24
.1225
.3625
362,301
.02
Less
Max
.22
.1225
.3425
$342,312
.04
Less
Max
.20
.1225
.3225
$322,322
.06
Less
Max