CCP 01-03-1995 - Laserfiche WebLink

Home Browse Search

~ - _n___ ~__.__ - - - Solution: All property taxes should be delinquencies. Penalties and interest are -- based on the tax capacity classification split evenly between counties and schools. I system. The statutes that require newly approved referenda levies to be applied Solution: Cities should receive their to market values should be repealed. pro-rata share of all penalties and I interest collected on delinquent property taxes. FF-6. State Deductions from I LGA FF-9. Reporting Requirements Problem: State administrative costs are I deducted from the LGA appropriation. Problem: Budget and tinancial reporting This reduces the property tax relief requirements imposed on cities by the state I provided by LGA and creates hidden often result in duplication and additional appropriations for state agencies. costs . Solution: All appropriations that fund Solution: Additional requirements for I state operations from LGA resources reporting and advertising fmancial and should be repealed. budget information should be carefully I weighed to balance the validity of the state's need for additional information FF-7. Payments for Services to with the costs and burdens of compiling ,. Tax-Exempt Property and submitting this information. In addition, all state agencies should be Problem: Taxable property in many cities aware of the information already . is being acquired by non-profit and required by others to avoid duplication government entities. Converting the of reporting requirements. property to tax exempt status can lead to a . serious tax base erosion without any FF-IO. Truth-in-taxation corresponding reduction in the service needs created by the property. Problem: The Legislature has mandated . Solution: Cities should be allowed to how property tax relief is calculated on tax . collect payments in-lieu of property statements. These calculations have no taxes or special assessments from non- relationship to actual local receipts for constItutionally exempt property owners. Homestead and Agricultural Credit Aid. . FF-8. Delinquent Property Tax Solution: In the spirit of real truth-in- . Penalties taxation, property tax statements should accurately reflect the actual amount of Problem: Although city finances are HACA benefiting each individual . property owner. affected by property tax delinquencies, cities do not receive any associated -. penalties and interest on these 1995 City Policies 17 .