Annual Financial Report, FY2021

Page 174

City of Orinda Direct and Overlapping Tax Rates For the last ten fiscal years (Rate per $100 of assessed value)

City Direct Rates

FY 2011‐12 FY 2012‐13 FY 2013‐14 FY 2014‐15 FY 2015‐16 FY 2016‐17 FY 2017‐18 FY 2018‐19 FY 2019‐20 FY 2020‐21

Basic Rate 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000

Total Direct 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000

Overlapping Rates

Acalanes Union 0.03330 0.03330 0.03610 0.03500 0.03320 0.03230 0.03250 0.03230 0.03260 0.03270

BART Bond 0.00410 0.00430 0.00750 0.00450 0.00260 0.00800 0.00840 0.00700 0.01200 0.01390

CCC Community College 0.01440 0.00870 0.01330 0.02520 0.02200 0.01200 0.01140 0.01100 0.01880 0.01610

Note: In 1978, California voters passed Proposition 13, which sets the property tax rate at a 1.00% fixed amount. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of voter approved bonds. The City of Orinda 1% share is based on the City's share of the general fund tax rate area with the largest net taxable value within the City. ERAF tax shifts may not be included in ratio.

Source: Contra Costa County Assessor 2011/12 ‐ 2020/21 Tax Rate Table and HdL Coren & Cone

152

East Bay Regional Park Bond 0.00710 0.00510 0.00780 0.00850 0.00670 0.00320 0.00210 0.00210 0.00940 0.00140


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Annual Financial Report, FY2021 by City of Orinda - Issuu