This city receives 17% of parcel taxes paid, but utilizes 39% (2.3x more than is received). That looks like an imbalance to me. It seems like city General Fund reliance on these property taxes should be more like 17%.
San San Mateo County Tax Collector, "Where your taxes go".
"As a property owner of San Mateo County you may have wondered how your tax dollars are distributed. The chart shows the distribution of the one percent ad valorem tax (a tax based on the assessed value of the property).
As can be seen, schools receive the largest portion, 45% of your tax dollars.
The county receives 22% and provides health, welfare, human services and criminal justice programs with its portion.
Cities receive 17% and provide fire, police, and other community services.
Special districts, such as Flood Control and Sequoia Hospital, provide other services to the community with the 9% they receive.
Redevelopment agencies receive 7%.
Although schools continue to receive the largest portion of your tax dollars, changes in state law have reduced their portion."
Pacifica General Fund, 2011-12, print page 1 to read. Note: Pacifica revenue received from property taxes is $10.2 million, or 39% of this city's General Fund budget. Thanks for your research and comment, Anon 5/31/12, 12:06 am, see recall update article, 5/29/12.
Posted by Kathy Meeh