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HomeMy WebLinkAbout2001-11-19 City Council (5)TO: FROM: DATE: SUBJECT: City of Palo Alto City Manager’s Report HONORABLE CITY COUNCIL CITY MANAGER 8 DEPARTMENT:ADMINISTRATIVE SERVICES NOVEMBER 19, 2001 CMR: 411:01 SANTA CLARA COUNTY PROPERTY TAX ALLOCATION SETTLEMENT AGREEMENT AND RELEASE RECOMMENDATION Staff recommends that the City Council accept the Settlement Agreement and Release from the County of Santa Clara, regarding tax allocation from fiscal years 1989 through 2000. (Exhibit A). BACKGROUND State law requires Santa Clara County to collect and apportion property taxes to various cities, school districts, fire districts and other local agencies in the County. Unfortunately, the complexity of the apportionment formulas makes it difficult to achieve error-free apportionment. The formulas change annually and are set out in California Revenue and Tax Code statutes that rival or surpass the Internal Revenue Code for difficulty of interpretation and application. Not surprisingly, state and internal audits show that while counties in general apportion taxes correctly, it is very difficult to achieve perfect accuracy. Santa Clara County recently completed a multi-year internal review and recalculation of its property tax apportionment from fiscal year 1989 through fiscal year 2000. The 7,200 hour review confirmed that the County apportioned taxes with a high degree of accuracy - 99.94%. Even so, given the $14.5 billion apportioned, the review identified an estimated $8 million that should have been allocated differently. The County overpaid some agencies and made equal aggregate underpayments to others. The County held a series of meetings with a group of jurisdictions, including many of those that are most affected, to determine what course of action to pursue regarding these misallocations. The County and the jurisdictions created, by consensus, a settlement approach that is incorporated in the attached agreement. CMR: 411:01 Page 1 of 3 DISCUSSION The County believes that the statute of limitations on provable claims is three years from the date any suit is filed. Therefore, the overpayment and underpayment amounts that the County includes in the proposed agreement are primarily based on 1998, 1999, and 2000 fiscal years. The proposed agreement is based on the following conditions: ¯All parties will forgive basic aid schools from overpayments because of the adverse impacts to students. ¯Underpaid fire districts that were the beneficiaries of prior forgiveness legislation for overpayments to them Will waive any recovery of current underpayments. ¯Agencies that were overpaid on a 3 year basis but underpaid on a 12 year basis will not be required to repay the overpayments. (The City of Palo Alto falls in this category.) ¯Agencies that were underpaid on a 3 year basis but overpaid on a 12 year basis will not receive any payment. ¯Agencies that were underpaid more on a 3 year basis than on a 12 year basis would have their 3 year loss capped at the 12 year total. In the last 3 fiscal years audited (1998, 1999, and 2000), Palo Alto received an overpayment of $21,888. However, in the prior nine fiscal years (1989 through 1997) it was underpaid by $68,631, leaving a net underpayment of $46,743 over the twelve years. In the proposed settlement, the County would forgive the last three years’ overpayments to Palo Alto, in light of the 12 year net underpayment. The County states that if it were sued for recovery of any underpayments, it could join as parties the agencies that were overpaid, including basic aid schools. Litigation over underpayments would be a "zero sum" action where success would not result in any new funds being available but rather would result in a redistribution of previously allocated tax dollars between public agencies. Such litigation would also be politically difficult, as it would pit public agency against fellow public agency over tax dollars that ultimately were all spent for public benefit within the County. Staff is recommending that Council accept this agreement, in spite of the net loss to the City over the twelve year period, due to the arguments laid out by the County: there would be little public or political benefit to pursuing this money through legal channels, and with a three-year statute of limitations, the City would not have the legal grounds to do so. CMR: 411:01 Page 2 of 3 RESOURCE IMPACT There is no immediate fiscal in~ pact associated with this recommendation. POLICY IMPLICATIONS This report does not represent any change to existing City policies. ENVIRONMENTAL ASSESSMENT Approval of this agreement is not a project under the California Environmental Quality Act; accordingly, no environmental assessment is required. ATTACHMENT Exhibit A: Settlement Agreement and Mutual Release to Resolve Property Tax Allocation Issues PREPARED BY: 7 NAGEL Senior Financial Analyst DEPARTMENT HEAD APPROVAL: CARL Administrative Services CITY MANAGER APPROVAL:~~~LY HARRISON~ Assistant City Manager CMR: 411:01 Page 3 of 3 SETTLEMENT AGREEMENT AND MUTUAL RELEASE TO R~:I OLVE PROPERTY TAX ALLOCATION ISSUES This Settlement Agreement and Mutual Release To Resolve Property Tax Allocation Issues ("Settlement Agreement") is made and entered into as of ,2001. 1.Parties This Settlement Agreement is by and among the following parties (including any subsidiary districts, special districts, projects, or redevelopment agencies where the governing body is the same as that of the agency listed below and where such subsidiary agency or .district received a tax allocation underpayment or overpayment): 1.2 1.10 1.11 1.12 1.13 1.14 1.15 County of Santa Clara ("County") County Library District ("Library District") City of Campbell ("Campbell") City of Cupertino ("Cupertino") City of Gilroy ("Gilroy") City of Los Altos ("Los Altos") Town of Los Alto Hills ("Los Altos Hills") Town of Los Gatos ("Los Gatos") City of Monte Sereno ("Monte Sereno") City of Morgan Hill ("Morgan Hill") City of Mountain View ("Mountain View’" City of Santa Clara ("Santa Clara") City of Saratoga, ("Saratoga") City of Sunnyvale ("Sunnyvale") 1.16 1.17 1.18 1.19 1.20 1.21 1.22 1.23 1.24 1.25 1.26 1.27 .28 1.29 1.30 1.31 1.32 1.34 1.35 1.36 Saratoga Cemetery District ("Saratoga Cemetery") Saratoga Fire Department ("Saratoga Fire") South Santa Clara Valley Memorial District ("Memorial District") E1 Camino Hospital Maintenance District ("El Camino Hospital") Bay Area Air Quality Management District ("Air Quality") Rancho Rinconada Recreation and Parks District ("Rancho Rinconada") Guadalupe/Coyote Resource Conservation District ("Guadalupe/Coyote") Loma Prieta Resource Conservation District ("Loma Prieta") Gavilan Water District ("Gavilan") Aldercroft Heights Water District ("Aldercroft") Pacheco Pass Water District ("Pacheco Pass") Pacheco Storm Water District ("Pacheco Storm Water") Santa Clara Valley Water Dismct ("Santa Clara Water") Palo Alto Unified School District ("Palo Alto Unified") Sunnyvale Elementary School District ("Sunnyvale Elementary") Mountain View- Los Altos High School District ("Los Altos High") Foothill Community College District ("Foothill") West Valley Community College District ("West Valley") Gavilan Community College District ("Gavilan") San Jose Community College District ("San Jose Com. College") Yosemite Community College District ("Yosemite") 1.37 1.38 1.39 Santa Clara Unified School District ("Santa Clara Schools") Fremont High School District ("Fremont High") Los Gatos High School District ("Los GatosHigh") 1.40 1.41 Santa Clara County Central Fire District ("Santa Clara County Fire") Los Altos Fire District ("Los Altos Fire") 1.42 1.45 1.46 South Santa Clara County Fire District ("South County Fire") ¯ City of Palo Alto ("Palo Alto") Midpeninsula Regional Open Space District ("Midpeninsula") City of Milpitas ("Milpitas") City of San Jose ("San Jose") 1.47 1.48 Purissima Hills Water District ("Purissima Hills") Parties other than the County may be referred to as the "Tax Allocation Parties." 2.Recitals 2.1 Revenue and Taxation Code sections 95 through 100, Health and Safety Code Section 33670 et seq., and other applicable California law requires that the County collect property taxes and apportion them to the Tax Allocation Parties. 2.2 In 1997, the County began an internal review and recalculation of its apportionment of property taxes to the Tax Allocation Parties. The County represents that the audit was based on the best available information and required extrapolation of some information. 2.3 After completing the financial review and recalculation on December 15, 2000, the County determined that approximately .0006% of the property taxes collected and apportioned to the Tax Allocation Parties for the recalculation period should have been apportioned in a different manner. 2.4 The revised property tax allocation showed overpayments of property tax to some of the Tax Allocation Parties and underpayments to some of the Tax Allocation Parties. The County represents there is an exact correspondence between the amounts underpaid and overpaid to the Tax Allocation Parties. The County represents the County did not keep or retain any of the property tax funds that were underpaid to Tax Allocation Parties, and all such funds were distributed to those Tax Allocation Parties that were overpaid. 2.6 The County and Tax Allocation Parties have a dispute about whether the County is liable for additional tax payments to underpaid Tax Allocation Parties and whether the County can recover excess tax payments from overpaid Tax Allocation Parties. The County and Tax Allocation Parties agree and acknowledge that litigation to establish the Tax Allocation Parties rights and liabilities for underpayments and overpayments would be protracted, expensive, uncertain, and contrary to the public interest. 2.5 The County and Tax Allocation Parties have now agreed to settle all outstanding claims, disputes and controversies arising out of or in any way related to the County’s apportionment of property tax existing between them pursuant to the terms and conditions of this Agreement. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 3.Terms and Conditions 3.1 The County and Tax Allocation Parties agree and consent to settle all of the disputed claims in this matter. 3.2 The County agrees to pay, in full and final settlement of all claims resulting, or that could result from its review and revised allocation of property tax payments, the amount of $1,709,690.88 to the Tax Allocation Parties, as follows: 3.2.1 3.2.3 3.2.4 3.2.5 3.2.6 3.2.7 Campbell - in the total amount of$114,795.33; Gilroy - in the total amount of $4,589.80; Los Altos City - in the total amount of $ 6,410.64; Los Gatos - in the total amount of $26,336.87; Morgan Hill - in the total amount of $406,897.29; Mountain View - in the total amount of $58,792.63; Santa Clara - in the total amount of $359,904.08; 4 3.2.8 Sunnyvale - in the total amount of $182,930.40; 3.2.9 Saratoga Cemetery District - in the amount of $10,390.66; 3.2.10 South Santa Clara Valley-Memorial District - in the total amount of $54.32; E1 Camino Hospital - in the total amount of $731.27; Bay Area Air Quality Management District - in the total amount of $2,761.52; 3.2.13 Loma Prieta Resources Conservation District - in the total amount of $2.12; 3.2.14 Pacheco Storm Water District - in the total amount of $0.69; 3.2.15 Santa Clara Valley Water District - in the total amount of $94,927.03; 3.2.16 Palo Alto Unified- in the total amount of $3,082.42; 3.2.17 Sunnyvale Elementary - in the total amount of $49,515.56; 3.2.18 Mountain View - Los Altos High in the total amount of $208,923.67; 3.2.19 Foothill Community College - in the total amount of $47,689.96; 3.2.20 West Valley Community College - in the total amount of $73,059.61; and 3.2.21 San Jose Community College - in the total amount of $58,895.01. 3.3 The County determined through the review and recalculation that the State received an ERAF credit of $922,144.16 which the State should have paid and which should have been distributed to various Tax Allocation Parties. The State has not reimbursed this allocation overpayment by the County. In consideration of settlement of all tax allocation claims, the County agrees to pay in advance 50% of the ERAF reimbursement due the County from the State, and to distribute these funds to the underpaid Tax Allocation Parties on a pro rata basis as set out in Paragraph 3.2. The 50% ERAF payments are included in the total settlement amount for each Tax Allocation Party in Paragraph 3.2 and shown in Exhibit A, attached and incorporated as part of this Settlement Agreement. The County agrees that it will make a good faith effort to claim the full ERAF credit it is owed by the State. If it receives funds to reimburse it for the $922,144.16 overpayment, such funds will be distributed to the County and the Tax Allocation Parties in Paragraph 3.2 as follows: If the County receives the full ERAF reimbursement from the State for $922,144.16, the County will retain 50% of this payment as reimbursement for the 50% ERAF advance the County is making as part of this Agreement, and will distribute the other 50% of the State’s ERAF reimbursement to the Tax Allocation Parties in Paragraph 3.2 on a pro-rata basis in accord with the allocations in Paragraph 3.2. If the County is successful in obtaining State ERAF reimbursement for less than the full amount of $922,144.16, the County will retain 50% of the reimbursement and will distribute the remaining 50% to the Tax Allocation Parties in Paragraph 3.2 on a pro-rata basis in accord with the allocations in Paragraph 3.2. If the County does not obtain any ERAF reimbursement from the State, the County will not seek recovery from the Tax Allocation Parties of the 50% advance on these ERAF funds paid pursuant to this Settlement Agreement in Paragraph 3.2. 4.Release 4.1 In consideration of the settlement agreements referred to herein, the County of Santa Clara releases and discharges each Tax Allocation Party that is a signatory to this Agreement and its officers and employees from and against any and all claims, rights demands, actions, obligations, liabilities, and causes of action, whether based on tort, contract, equity or other theory, whether asserted or unasserted, of any kind, nature and character whatsoever, known or unknown, suspected or unsuspected, which it has or may have now or in the future (other than claims arising out of this Settlement Agreement) arising out of or relating in any way to the al!ocation of property taxes by the County of Santa Clara at any time prior to July 1, 2000, including but not limited to, claims related to the unitary property tax, the one percent AB 8 ad valorem property tax, Redevelopment Agency tax increment amounts, debt service calculations, and the unitary and supplemental tax rolls. 4.2 In consideration of the settlement agreements referred to herein, each Tax Allocation Party that is a signatory to this Settlement Agreement releases and discharges the County of Santa Clara and its officers and employees, and all other Tax Allocation Parties that are signatories to this Agreement from and against any and all claims, rights demands, actions, obligations, liabilities, and causes of action, whether based on tort, contract, equity or other theory, whether asserted or unasserted, of any kind, nature and character whatsoever, known or unknown, suspected or unsuspected, which it has or may have now or in the future (other than claims arising out of this Settlement Agreement) arising out of or relating in any way to the allocation of property taxes by the County of Santa Clara at any time prior to July 1, 2000, 6 including, but not limited to, claims related to the unitary property tax, the one percent AB 8 ad valorem property tax, Redevelopment Agency tax increment amounts, debt service calculations, and the unitary and supplemental tax rolls. 5.Inc ,ns This Settlement Agreement is intended to resolve all claims and disputes related to apportionment of the unitary property tax, the one percent AB 8 ad valorem property tax, Redevelopment Agency tax increment amounts, debt service calculations, and the unitary and supplemental tax rolls prior to July 1, 2000. 6.Global settlement It is the intention of all parties to this Agreement that this is a complete and global settlement as to all parties named in paragraph 1, and signature of all parties is a prerequisite of this Agreement. All Tax Allocation Parties agree, that upon signature of this Agreement, they are bound by the terms and conditions of the Agreement upon signature by the County. In the event that all of the named parties to this Agreement do not sign the Agreement, the County, at its sole discretion, shall have the right, but not the obligation, to rescind this Agreement in its entirety. If the County elects to proceed with this Agreement with some, but not all of the signatures of the Tax Allocation Parties, the County and all signing Tax Allocation Parties shall be bound by the terms of the Agreement. The County shall not be bound in any manner by the terms of this Agreement with regard to a non-signing Tax Allocation Party, and shall be at liberty to assert any and all defenses, affirmative defenses and counter-claims against any non-signing Tax Allocation Party named in paragraph 1. 7.No Admission It is understood and agreed that this is a compromise Settlement Agreement and full release in satisfaction of all demands, disputed claims, or potential disputed claims, and that the furnishing of consideration for this Agreement shall not be deemed or construed as an admission of liability or responsibility at any time for any purpose. It is further agreed and understood that this Agreement is being entered into solely for the purpose of avoiding further expense and inconvenience from defending against any and all claims, rights, demands, and litigation, the liability for any and all of which is expressly denied by County. This Settlement Agreement does not represent any admission of liability on the part of any party hereto, each of which expressly denies such liability. 7 8.Applicable Law The parties agree that this Settlement Agreement has been entered into in the State of California, and shall be governed by, and construed and enforced, in accordance with the laws of the State of California. 9.Persons Bound This Settlement Agreement contains the entire agreement among the parties with regard to the matters set forth in it and shall be binding upon the parties hereto, as well as upon all of their respective representatives, predecessors, successors, assigns, agents, partners, of-ricers, directors, employees and counsel. 10.Execution of Agreement 10.1 The parties have carefully read this Settlement Agreement and know and understand the contents, and have signed it freely and voluntarily, after consultation with legal counsel. 10.2 The parties agree that this Agreement may be signed in counterparts and that it shall be fully executed when signed by all parties whether the signatures of all parties appear on the original or one or more copies of this Settlement Agreement. The parties further agree to forward their original signatures on this Settlement Agreement to counsel for the County. 10.3 The parties agree that counsel for the County shall provide a fully executed copy of this Settlement Agreement to each party to this Settlement Agreement. 10.4 The parties further agree that original signatures of each party on this Settlement Agreement are not necessary to enforce this Settlement Agreement. 11.Entire A~reement This Settlement Agreement constitutes the entire Agreement of settlement and release among the parties and there are no other agreements expanding or modifying its terms. The provisions of this Settlement Agreement can only be modified or amended in a writing that expressly states that modification or amendment of this Settlement Agreement is intended. 12.Enforceabiliw If anv term or provision of this Settlement Agreement shall be found to be illegal or unenforceable, then, notwithstanding any such illegality or unenforceability, this Settlement Agreement shall remain in full force and effect and such term or provision shall be deemed to be deleted. 13.Benefit and Burden This Settlement Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 14.Severabilitw In the event that any condition or covenant herein is held to be invalid or void by any court of competent jurisdiction, the same shall be deemed severable from the remainder of this Settlement Agreement and shall in no way affect any other covenant or condition herein contained. K such condition, covenant or other provision shal! be deemed invalid due to scope or breadth, such provisions shall be deemed valid to the extent of the scope of breadth, permitted by law. 15.Waiver and Amendment No breach of any provision hereof can be waived unless in writing. Waiver of any one breach shall not be deemed to be a waiver of any other breach of the same or any other provision hereof. This Settlement Agreement may be amended only by a written agreement executed by the parties at the time of modification. 16.Construction This Settlement Agreement shall not be construed against the parties or their representatives who have drafted it or any portion of it. 17.Time Is Of The Essence Time is expressly declared to be of essence to this Settlement Agreement and every provision hereof. DATED:_, 2001 County of Santa Clara By: James T. Beall, Jr., Chairperson Board of Supervisors ATTEST: By: Phyllis A. Perez Clerk of the Board of Supervisors APPROVED AS TO FORM AND LEGALITY: By: David E. Kahn Lead Deputy County Counsel DATED:200!County of Santa Clara ("County") By: DATED:.2001 Its: County of Library District ("Library District") By: Its: DATED:.2001 City of Campbell ("Campbell") By: Its: 10 DATED: DATED: DATED: DATED: DATED: DATED: ....... 2001 ...... ,2001 ,2001 ,2001 ,2001 ,2001 City of Cupertino ("Cupertino") By: Its: City of Gilroy ("Oilroy") By: Its: City of Los Altos ("Los Altos") By: Its: City of Los Altos Hills ("Los Altos Hills") By: Its: City of Los Gatos ("Los Gatos") By: Its: City of Monte Sereno ("Monte Sereno") By: Its: 11 DATED: DATED: DATED: DATED: DATED: DATED: ,2001 ,2001 ,2001 ..... ,2001 ,2001 ,2001 City of Morgan Hill ("Morgan Hill") By: Its: City of Mountain View ("Mountain View") By: Its: City of Santa Clara (’~Santa Clara") By: Its: citY of Saratoga ("Saratoga") By: Its: City of Sunnyvale ("Sunnyvale") By: Its: Saratoga Cemetery District (’.~Saratoga Cemetery") By: Its: 12 DATED:,2001 Saratoga Fire Department ("Saratoga Fire") DATED:,2001 By: Its: South Santa Clara Valley Memorial District ("Memorial District") By: Its: DATED:,2001 E1 Camino Hospital Maimenance District ("El Camino Hospital") By: Its: DATED:,2001 Bay Area Air Quality Management District ("Air Quality") By: Its: DATED:,2001 Rancho Rinconada Recreation and Parks District ("Rancho Rinconada") By: Its: 13 DATED: DATED: DATED: DATED: ....... 2001 2001 ,2001 2001 OuadMupe/Coyote Resource Conservation District ("GuadMupe/Coyote") By: Its: Loma Prieta Resource Conservation ("Loma Prieta") By: Its: Gavilan Water District ("Oavilan") By: Its: Aldercroft Heights Water District ("Aldercroft") By: Its: DATED:,2001 Pacheco Pass Water District ("Pacheco Pass") By: Its: 14 DATED: DATED: DATED: DATED: DATED: ,2001 .,2001 ,2001 ,2001 ,2001 Pacheco Storm Water District ("Pacheco Storm Water") By: Its: Santa Clara Valley Water District ("Santa Clara Water") By: Its: Palo Alto Unified School District ("Palo Alto Unified") By: Its: Sunnyvale Elementary School District ("Sunnyvale Elementary") By: Its: Mountain View-Los Altos High School District ("Los Altos High") By: Its: 15 DATED:,2001 Foothill Community College District ("Foothill") By: Its: DATED:,2001 West Valley Community College District ("West Valley") By: Its: DATED:,2001 Gavilan Community College District ("Gavilan") By: Its: DATED:.... 2001 San Jose Community College District ("San Jose Community College") By: Its: DATED:,2001 Yosemite Community College District ("Yosemite") By: Its: 16 DATED:,2001 Sanm Clara UNtied School District("Santa Cl~a Schools") By: Its: DATED:,2001 Fremont High School District ("Fremont") By: Its: DATED:.,2001 Los Gatos High School District ("Los Gatos High") By: Its: DATED:2001 Santa Clara County Central Fire District ("Santa Clara County Fire") By: Its: DATED:,2001 Los Altos Fire District ("Los Altos Fire") By: Its: 17 DATED:2001 South Santa Clara County Fire District ("South County Fire") Byi Its: DATED:.......... 2001 City of Palo Alto ("Palo Alto") By: Its: DATED:,2001 Midpeninsula Regional Open Space District ("Midpeninsula") By: Its: DATED:,,,2001 City of Milpitas ("Milpitas") By: Its: DATED:,2001 City of San Jose ("San Jose") By: Its: 18 DATED: .........2001 City of Purissima Hills Water District ("Purissima Hills") By: Its: DATED:,2001 Tax Allocation Parties By: Its: K:IZPROJECTtROI.,L_OUT_PROCES, S~E777..EN~NTMI..LOC AGR.EEF1NALO’0201. WPD 19 Detail of (Over) and Under Payments Based on Three Year Statute of Limitation Exhibit A Jurisdiction Three Year Net Summary 1 County Pavrnents Net Underpaid Net Overpaid Included Entities ! 50% of EP,.AF Total INCLUDED JURISDICTIONS: (Percent of 3 60.707%22.417%83.125% Year Loss Recovered) -County General TOTAL (858,741.62) (237,814.07)County Library TOTAL Campbell City Campbell Muni Lighting Dist. Central Campbell Project Central Campbell ’93 Anx Campbell TOTAL (16,943.84) 49,417.48 105,588.26 38.34 138,100.24 83,837.15 30,958.18 114,795.33 Cupertino TOTAL (58,421.56) Gilroy Cit7 5,778.57 Gilroy Parking Dist 1 (256.98) Gilroy TOTAL 5,521.59 3,352.02 1,237.78 4,589.80 Los Altos City TOTAL 7,712.08 t 4,681.81 1,728.83 6,410.64 Los Gatos Town 27,335.39 Central Los Gatos 4,348.19 Los Gatos TOTAL 31,683.58 19,234.30 7,102.57 26,336.87 Mome Sereno City Mome Sereno-Loma Serena Lgt Dist Monte Sereno-Lexington Dr Maint Monte 5ereno TOTAL Morgan Hill City MH Ojo de Agua Project Morgan Hill TOTAL Mountain "view City. Parking Dist 2 Mountain View Mountain View No Bayshore Project Mountain View Revitalization Project Mountain View TOTAL Santa Clara City Parking Dist 122-Santa Clara Bridge Dist 1-Santa Clam Santa Clam University, Calif R-31 Santa Clam Bayshore N. Project Santa Clara TOTAL (19~959.23) 509,461.85 489,502.62 (507,523.93) (572,552.93) 633,976.87 516,828.27 70,728.28 (18,880.77) (3,086.28) (1,216.00) (23,183.05) 1,402.28 (322.06) (565.10) 299,667.91 131,583.15 I 431,766.18 Jurisdictions with lower underpa)Taents for the 12 year period and paid based on that amount. 297,164.60 42,937.34 109,732.69 15,855.29 406,897.29 58,792.63 262,114.27 96,789.81 358,904.08 The "overpayment" of $858,741.62 to the County is actually net of the County’s underpayment and the County’s assumption of the TEA cities prior year overpayments. In fact, the County suffered an approximate $1.3 million underpayment. Page 20 Detail of (Over) and Under Payments Based on Three Year Statute of Limitation Exhibit A :oo...~t n~ot~s Three Year Net Summary Net Underpaid t Net Overpaid 68,490.25 151,577.35 220,067.60 Jurisdiction Sunnyvale City Sunnyvale Central Core Project Sunnyvale TOTAL Saratoga Cemetery District So Santa Clara Valley Memorial Dist E1 Camino Hospital Bay Area Air Quality Mgmt Dist Rancho Rinconada Rec & Parks Guadalupe/Coyote Resource Cons Dist Loma Prieta Resource Conservation Dist Gavilan Water District 12,500.09 65.34 879.72 County Payments Included Entities 50% of ERAF [ 133,597.45 Z588.49 39.67 534.06 2,016.79 49,332.95 2,802.17 14.65 197.21 744.73 Total 182,930.40 10,390.66 54.32 731.27 2,761.523,322.15 (221.68) (23,656.51) 2.55 1.55 0.57 2.12 (26,591.29) Aldercroft Heights Water District (874.67) !Pacheco Pass Water District (57.61) i 0.83 0.19 0.69 94,927.03 Pacheco Storm Water District Santa Clara Valley Water District Palo Alto Unif Sunnyvale Elem 114,198.43 I 3,708.19 ]59,567.85 Mt View-Los Altos High Ii 251,337.84 ]~oothill Comm College 57,371.64 West Valley Comm College 87,891.64 3,082.42 49,515.56 0.50 69,326.96 25,600.07 2,251.15 831.27 36,162.13 13,353.43 152,580.81 t 56,342.86 34,828.86 I 12,861.10 53,356.78 19,702.83 208,923.67 47,689.96 73,059.61 GavilanCommCollege (18,883.61) 43,012.11 15,882.90 58,895.01San Jose Comm College Yosemite Comm College Sub-Total Included Jurisdictions Exclusion Sub-Total, Page 2 Grand Total ! 70,851.44 ](173.11) 2,056,779.88 . (1,248,618.78) 1555,678.61 (1,522,733.19) 2,612.458.49 (2,771..~51.9 1,248,618.80 ! 461,072.08 o.oo i o.ooi 1,248,618.80 6. Jurisdictions with lower underpayments for the 12 year period and paid based on that amount. 1,709,690.88 461,072.08 [ 1,709,690.88 Page 21 Detail of (Over) and Under Payments Based on Three Year Statute of Limitation Exhibit A Jurisdiction EXCLUDED JURISDICTIONS: Santa Clara Unified Fremom High Los Gatos High Overpaid Basic Aid School TOTAL Santa Clam Count3’ Fire Saratoga Fire Los Altos Fire So Santa Clam Co Fire Fire District TOTAL Three Year Net Summary Net Underpaid Net Overpaid 547,518.12 31,967.42 205,744.92 (357,820.07) 427,410.39 (4,502.31) (364,495.82) (206,956.56) (575,954.69) s. K-12, COE, & ERA.F TOTAL (922,144.16) Palo Alto City (21,887.67) Calif Ace Parldng-PA 492.51 3. Palo Alto TOTAL (21,395.16) 3. Midpeninsula Regional Open Space Dst (3,239.18) (142,807.86) (6,264.18) 69,131.40 60,978.52 48,034.82 29,072.70 4,604.86 Milpitas City Milpims City Sanitary Dist Milpims I, 1976 Milpitas I, ’79 Anx, Amnd l Milpitas I, ’83 Anx, Amnd 2 4. Milpitas TOTAL 4. Los Altos Hills Town TOTAL 1. Overpaid Basic Aid Schools 2. 3. 4. S. Fire districts which have already benefitted from existing forgiveness legislation. Jurisdictions overpaid for the last three years, but underpaid for the total twelve year period. Jurisdictions underpaid for the last three years, but overpaid for the total twelve year period. State Funding - Schools K-12, County. Office of Education, and ERAF County Payments Included Entities [ 50% of ERAF t Page 22 Detail of (Over) and Under Payments Based on Three Year Statute of Limitation Exhibit A Jurisdiction EXCLUDED JURISDICTIONS: San Jose City Maintenance Dist 1 San Jose Rincun de Los Esteros S. Rincon de Los Esteros N Park Center Project R de Los Esteros Project Pueblo Uno Project Edenvale Project Olinder Project Julian-Sto ckton Project. Market Gateway Project Century Center Project Guadalupe-Auzerais Project Rincon De Los F.stems ’79 Amx. Edenvale East Project Monterey Corridor Almaden Gateway Project San Antonio Park Plaza R 90 4. San Jose TOTAL Saratoga City Azule Lighting Dist-Saratoga Saratoga City Light District Saratoga Quito Lightning Dist SaratogaViIlage Parking Dist Saratoga Greenbriar Park Maint. Saratoga Manor Dr Park Maint. Saratoga Fredericksburg Dr Pk Maint. 4. Saratoga TOTAL 4. Purissima Hills Water Three Year Net Summary Net Underpaid Net Overpaid (218,524.19) (298.04) 220,679.96 116,728.43 (62,929.72) 735,306.64 43,441.61 89,070.96 (203,787.05) 67,157.51 23,986.21 (2,895.81) 54,323.97 (844,499.44) (68,103.18) (40,184.18) 415.08 148,914.39 58,803.15 (2,110.88) 5,292.63 15,755.66 610.93 (49.28) 5.74 16.46 4.28 19,525.54 16,261.97 TOTAL 555,678.61 (1,522,733.19)I 1. CA, erpaid Basic Aid Schools County Payments Included Entities I 50% of ERAF [ 2. Fire districts which have already benefitted from existing forgiveness legislation. 3. Jurisdictions overpaid for the last three years, but underpaid for the total twelve year period. 4. Jurisdictions underpaid for the last three years, but overpaid for the total twelve year period. 5. State Funding - Schools K-12, Count3.’ Office of Education, and ERAF 6. Jurisdictions with lower underpabnnents for the 12 year period and paid based on that amount. 7. The "overpayment" of $858,741.62 to the County is actually net of the County’s underpayment and the County’s assumption of the TEA cities prior year overpayrnents. In fact, the County suffered an approximate $1.3 million underpayment. Total Page 23