Title
Adopt a resolution: Authorizing the County Assessor to file a Grant Application on behalf of the County of Monterey with the California Department of Finance under the State Supplementation for County Assessors' Program (SSCAP) in the annual amount of $170,000, with the County matching at a rate of one dollar ($1) for every two dollars ($2), for FY 2018-19, for a total annual match by the County of $85,000.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a resolution: authorizing the County Assessor to file a Grant Application on behalf of the County of Monterey with the California Department of Finance under the State Supplementation for County Assessors' Program (SSCAP) in the annual amount of $170,000, with the County matching at a rate of one dollar ($1) for every two dollars ($2), for FY 2018-19, for a total annual match by the County of $85,000.
SUMMARY/DISCUSSION:
The State of California has created a three-year program, beginning FY 2018-19 thru FY 2020-21, to selected representative counties in order to ensure more accurate assessment of local property. It is believed that, a more accurate assessment process will reduce otherwise escaped valuation and help offset the State's General Fund obligations to local K-14 schools and offices of education. The success of the program shall be determined by enhanced statewide implementation of local equalization by properly valuing property, and thereby capturing property tax revenues for local K-14 school and offices of education that might otherwise escape recognition and collection. The County Assessor seeks the support of the Budget Committee to participate in SSCAP. Monterey County shall be required to match at a rate of one dollar ($1) for every two dollars ($2) in State Program funds. Program funds must be used to supplement, and not supplant, existing funding and staff levels.
The Monterey County Assessor's office seeks to hire one (1.0) additional Appraiser and one ...
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