Dedicating a fraction of the 1% County ad-valorem property tax to special districts
Original post made by Jack Hickey, Woodside: Emerald Hills, on Jun 1, 2013
Likewise, the Sequoia Healthcare District collects a portion of property taxes from residents of many of those same South County cities while providing benefits which significantly "spill-over" into non-taxed areas.
I have never advocated increasing property taxes, or any other taxes.
What I do advocate is providing voters with an opportunity to dedicate a fraction of their property taxes for specific purposes.
In the past, I have advocated the detachment of the (MROSD), suggesting that voters be given an opportunity to dedicate a fraction of their property taxes for specific use of San Mateo County Parks and Recreation. This would release a significant amount of revenue now flowing into Mid-Peninsula Open Space District.
I suggest that a similar course of action be taken to rid ourselves of the redundant Healthcare Districts, while allowing voters to decide whether a dedicated funding source for healthcare, from a fraction of the 1% ad-valorem property taxes, is in the public interest.
According to the Tax Collector Web Link, revenue collected from the primary, ad-valorem, property tax rate of 1% is distributed as follows:
1. School Districts 45%
2. Cities 17%
3. County General Fund 22%
4. Special Districts 9%
5. Redevelopment Agencies 7%
Additionally, school bond measures create ad-valorem property taxes which are added to the 1% tax rate. These bond measures require a 55% vote for approval.
Parcel taxes are a property tax collected based upon parcel specific information and are in addition to the 1% tax.
Note: ad-valorem taxes are based upon assessed property values.