Subject: LIBRARY BENEFIT ASSESSMENT DISTRICT REPORT FOR FISCAL YEAR 2002 - 2003
COUNCIL DISTRICT: Citywide
Adoption of a resolution approving, confirming and adopting the City of San José Library Benefit Assessment District Annual Report for Fiscal Year 2002-2003 and levying the assessments.
On June 6, 1995, in accordance with the requirements of Municipal Code, Chapter 14.26, Council approved formation of a ten-year Library Benefit Assessment District. By the levy of benefit assessments on property in San José, additional funds are provided to enhance Citywide library services and facilities.
To levy annual benefit assessments in each fiscal year through 2004-2005, Chapter 14.26 requires that the City Council approve an annual report and the proposed assessments in the report. The assessments are collected with County property taxes.
The District is exempt from the re-authorization requirements of Proposition 218, because it received prior voter approval.
In compliance with Chapter 14.26, the Annual Report for Fiscal Year 2002-2003 will be on file in the City Clerk’s Office prior to the City Council meeting. It contains:
1. The name and general location of the District.
2. The aggregate amount of the assessment for the fiscal year.
3. A schedule showing the apportionment of the aggregate assessment among the properties within the District.
4. A general description of the proposed uses of the assessment.
The total amount of revenue generated by the Fiscal Year 2002-2003 proposed assessments is approximately $6,120,000. The assessment rates remain at the maximum and are unchanged from last year’s rate of $25 per residential parcel with various adjustments for multifamily residential, commercial and other uses. There may be changes in the roll if adjustments are required to reflect property configuration or use changes. These changes will be made through July as the property information is released by the County.
The proposed uses of the funds described in the Annual Report are for general information. The actual approval of the appropriation of funds is a part of the City’s Operating and Capital Budget hearings.
The City Council resolution that approves the Annual Report also confirms the assessments and directs the Director of Finance to deliver the assessments to the County for collection with the property taxes. About half is to be collected by December 10, 2002 and the balance will be collected by April 10, 2003.
In November of 1994, voters approved a ballot measure instructing the City to form a Library Benefit District with a ten-year life to generate money for library enhancements. Annual budget reports are prepared by the City Engineer and filed as public record in the Office of the City Clerk. Upon approval by Council, copies will be made available to the public at the Main Library.
This report and related documents and resolutions were prepared in cooperation with the Offices of Budget and the City Attorney, and the Departments of Library, Finance and Information Technology.
Fund Name: Library Benefit Assessment District
Fund Number: 412
Director, Public Works Department