Laserfiche WebLink
"AT68AD -73 Orange County Auditor Controller Accumulation of Combined Prior <br />Year Levy and Current Year ATP" as the "Total SFF Revenue Figure." <br />(2) The total Assessed Value, net of successor agency <br />former project area incremental value, for all SFF jurisdictions shall be <br />determined (the "Total AV Figure "). For the FY 2012/13 this amount was stated <br />as $155,506,390,761 in the Auditor - Controller report titled "AT04VC -74 Orange <br />County Auditor Controller District Values Used to Set Tax Rates" and was <br />identified as the "Total L &I (Land and Improvements), Total Secured and <br />Unsecured Value for the Orange County Fire Authority Total Jurisdiction." <br />(3) The Total AV Figure shall be multiplied by 1% (the <br />basic levy tax rate) to determine the total value of the 1 % basic levy for all SFF <br />Jurisdictions for the fiscal year (the "SFF Basic Levy Figure "). For reference, in <br />FY 2012/13, this calculated figure was $1,555,063,907.61. <br />(4) The Total SFF Revenue Figure shall be divided by the <br />SFF Basic Levy Figure for the same fiscal year and expressed as a percentage. <br />The resulting percentage shall be referred to as the "Average SFF Rate" for the <br />fiscal year. For reference, in FY 2012/13 the Average SFF Rate was 11.56 %. <br />The 2012/13 calculation is as follows: <br />$179,768,901.52 / $1,555,063,907.61 = 0.115602 <br />(5) A "Jurisdictional SFF Rate" shall be determined for <br />each SFF Jurisdiction as follows: <br />a. The total property tax revenue allocated from all tax <br />rate areas in the SFF Jurisdiction to the Authority, <br />prior to accounting for delinquencies, and including <br />secured, unsecured, utility (SBE), and homeowner's <br />exemptions, but excluding revenue on successor <br />955601.1 4 <br />