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- “Notwithstanding any other provision of law, for the 2004-05 and 2005-06
fiscal years, a county shall not impose a fee, charge, or other levy on
a city, nor reduce a city's allocation of ad valorem property tax
revenue, in reimbursement for the services performed by the county under
Sections 97.68 (the sales tax triple flip) and 97.70 (the VLF swap).
- For the 2006-07 fiscal year and each fiscal year thereafter, a county
may impose a fee, charge, or other levy on a city for these services,
but the fee, charge, or other levy shall not exceed the actual cost of
providing these services.”
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- The additional costs of Sales Tax
Triple Flip and VLF Swap amount at most to a few more days of labor in
each county auditor’s office.
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- The additional costs of Sales Tax
Triple Flip and VLF Swap amount at most to a few more days of labor in
each county auditor’s office.
- Current approach of County Auditors (“SB1096 Guidelines”) :
- Property Tax in Lieu of Sales Tax
and Property Tax in lieu of VLF amounts treated as additional property
tax share to each agency and county’s total property tax administration
costs are reallocated.
- The approach has virtually
nothing to do with the “actual cost of providing these services” … but
of the change in revenue allocation that results.
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Notes