3356692v1/SW
APPROVED AS TO FORM AND LEGALITY
________________________
CITY ATTORNEY’S OFFICE
OAKLAND CITY COUNCIL
RESOLUTION NO. _______________ C.M.S.
RESOLUTION ESTABLISHING T AX RATES FOR PROPERTIES
SUBJECT TO THE VACANT PROPERTY TAX FOR CALENDAR YEARS
2025 THROUGH 2027
WHEREAS, on November 6, 2018, Oakland vot ers approved Measure W, which established an annual tax on vaca nt property at a max imum rate of $6,000 for certain properties and $3,000 for other properties to support and fund homelessness programs and services, affordable housing, Code Enforcement, and clean-up of blighted properties and illegal dumping (the “Vacant Property Tax”); and
WHEREAS, the Vacant Property Tax and section 4.56.030(G) of the Oakland Municipal Code authorize the City Council to establish, by re solution, annual tax rate s at or less than the maximum tax rates authorized in Measure W; and
WHEREAS, the City has developed the Biennial Operating Budget and desires to forecast Vacant Property Tax revenues for each fiscal year period under Measure W; and
WHEREAS, the City Council desires to set the tax rates as set forth below for properties deemed vacant in calendar years 2025 through 2027; now, therefore, be it
RESOLVED: That the City Council finds, determin es, and declares that the properties deemed vacant in calendar years 2025 through 2027 pursuant to the Vacant Property Tax shall be levied at the maximum allowable tax rates.
IN COUNCIL, OAKLAND, CALIFORNIA,
PASSED BY THE FOLLOWING VOTE:
AYES -
FIFE, GALLO, JENKINS, KALB, KAPLAN, RAMACHANDRAN, REID, AND
PRESIDENT FORTUNATO BAS
NOES –
ABSENT –
ABSTENTION –
ATTEST:
ASHA REED
City Clerk and Clerk of the Council of
the City of Oakland, California