Piedmont Municipal Code Ch. 20B Municipal Services Special

20B-2 SECTION 20B.4 MAXIMUM TAX RATE/METHOD OF ASSESSMENT

After determining the amount of tax to be raised under Section 20B.3, the City Council shall apportion said amount among the parcels of real property within the City not exempted by law or exempted pursuant to Section 20B.12, as follows:

BASIC MUNICIPAL SERVICES TAX MAXIMUM RATE SCHEDULE

The foregoing tax rate schedule shall apply for the 2021/2022 tax year commencing July 1, 2021, and ending on June 30, 2022. For each tax year thereafter commencing with the 2022/2023 tax year, the foregoing tax rate schedule shall be adjusted as follows:

An amount equal to the percentage increase or decrease in the Consumer Price Index (CPI) for all Urban Consumers (All items) (Base Year 1984 = 100) (Not Seasonally Adjusted) for the San Francisco-Oakland-San Jose, California area, as published by the United States Department of Labor, Bureau of Labor Statistics, for the period from December 2016 to December of the fiscal year immediately prior to the year in which the percentage adjustment will apply, multiplied by the specific tax rate in the foregoing Maximum Municipal Services Tax Maximum Rate schedule. Notwithstanding the foregoing, the maximum percentage increase of this tax as compared to the same tax in the prior fiscal year shall be 4%.

For purposes of example only, if the maximum tax rate in the 2021/2022 fiscal year for a single family resident parcel of 5,000 square feet is $620.00, and the Consumer Price Index for December 2020 is 100 and for December 2021 is 103, the increase of 3 is a 3% increase, meaning an additional maximum tax of $18.60 for the 2022-2023 fiscal year or a total maximum tax of $638.86 for such fiscal year.

The records of the Alameda County Assessor as of March 1 of the fiscal year immediately preceding the fiscal year in which the special taxes are payable shall determine whether or not any particular parcel is unimproved for purposes of this Ordinance. All improved parcels which are located entirely within the City of Piedmont shall be subject to the special taxes assessed pursuant to Chapter 20B. In addition, on improved parcels which are located Per Parcel According to Size Single Family Residence Developed Commercial Properties Multi-Family Residence Parcels Divided by Tax Code Area Line 0 to 4,999 sq. ft. $551 5,000 to 9,999 sq. ft. $620 10,000 to 14,999 sq. ft. $715 15,000 to 20,000 sq. ft. $817 Over 20,000 sq. ft. $930 0 to 10,000 sq. ft. $930 Over 10,000 sq. ft. $1,395 Per Dwelling Unit $383 Per Parcel $565