City of Oakland Finance Dept. Public Outreach Session - Measure W Vacant Property Tax Implementation Ordinance
The City of Oakland Finance Department conducted a public outreach session on the implementation of Measure W, a vacant property tax ordinance. The session aimed to receive public input, provide an overview of the tax and exemptions, and outline the implementation process. Measure W, approved by city voters in 2018, imposes an annual tax on vacant properties for 20 years to generate revenue for homeless support, affordable housing, and community programs, while combating blight and illegal activities. The implementation process involves developing administrative regulations, parcel research, exemption applications, levy of the tax, and collaboration with the County Tax Collector for implementation.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Measure W Vacant Property Tax Implementation Ordinance and Administrative Regulations City of Oakland Finance Department Public Outreach Session Oakland City Hall June 6, 2019, 6 pm
City of Oakland Finance Department Project Team Public Outreach Sessions -Vacant Property Tax City Department of Finance Katano Kasaine Margaret O Brien Huey Dang Carmen Mac SCI Consulting Group (Tax Consultants) John Bliss Blair Aas Chris Coulter Maria Garcia-Adarve Jose Segura Chris Le Andrew Best Terra Realty Advisors, Inc. (Real Estate Consultants) Scott Sheldon Tim Fitzpatrick 2
City of Oakland Finance Department Tonight s Objectives Public Outreach Sessions -Vacant Property Tax Receive Public Input Overview of Vacant Property Tax and Allowable Exemptions Overview of Implementation Process and Tentative Timeline No decisions tonight on specific property cases or policies. 3
City of Oakland Finance Department About Measure W Public Outreach Sessions -Vacant Property Tax Approved by City voters on November 6, 2018 with 70% support Annual tax on vacant property for 20 years Purpose To raise revenue necessary to support and fund services for homeless people and affordable housing, and related programs. Reduce the number of Oakland properties that are kept vacant and undeveloped. Reduce blight, crime, and illegal dumping. 4
City of Oakland Finance Department Implementation Process Public Outreach Sessions -Vacant Property Tax Develop Administrative Regulations Parcel Research and Mailing of Notice Exemption Applications and Petitions Levy of the Vacant Property Tax Method for determining and identifying the use and vacancy status of City parcels Exemption application and petition procedures City to identify likely parcels subject to the tax City to mail notice to owners of property likely subject to the tax with information regarding possible exemptions and the petition process Application and petition forms made available Applications and petitions received Applications and petitions approved or denied Final tax roll prepared Tax submitted to County Tax Collector to be placed on the 2020-21 property tax bill 5
City of Oakland Finance Department Tentative Timeline Public Outreach Sessions -Vacant Property Tax Jun. 2019 Public Input Sessions (3) Sept. 2019 Draft Implementation Ordinance and Administrative Regulations Presented to (2) City Committees Oct. 2019 Council adoption of Implementation Ordinance and Administrative Regulations Nov. / Dec. 2019 Notice and exemption information mailed to property owners Mar. 2020 Exemption applications and petitions due to City Spring 2020 Exemptions applications and petitions review Aug. 10, 2020 Tax levies submitted to County Treasurer-Tax Collector for Tax Year 2020-21 6
City of Oakland Finance Department What is a Vacant Parcel? Public Outreach Sessions -Vacant Property Tax In use LESS THAN fifty (50) days in a calendar year 1. A parcel of land, whether undeveloped, residential, or non-residential (including multifamily residential) 2. A condominium, duplex, or townhouse unit under separate ownership 3. A parcel of land where ground floor commercial activities are allowed but vacant Implementation ordinance will establish a method for determining and identifying the use and vacancy status of each parcel of real property in the City. 7
City of Oakland Finance Department Special Tax Rates Public Outreach Sessions -Vacant Property Tax Property Type Residential Condominium, duplex, or townhome unit under separate ownership Nonresidential Parcel with ground floor commercial activity allowed but vacant Undeveloped Annual Maximum Special Tax Rate $6,000 per parcel $3,000 per vacant residential unit $6,000 per parcel $3,000 per parcel $6,000 per parcel * Real property wholly exempt from ad valorem tax not subject to the vacant property tax. 8
City of Oakland Finance Department Exemptions Public Outreach Sessions -Vacant Property Tax Very low-income owners Low-income senior owners Disabled owners Non-profit organizations Owners who have submitted substantially complete application for project approval that has not yet received approval Owners with entitlement approvals who need more time to complete their project can apply for a two-year exemption Owners of property for which an active building permit application is being processed by the City Owners of property under construction with an active building permit 9
City of Oakland Finance Department More Exemptions Public Outreach Sessions -Vacant Property Tax Owners for whom paying the tax would constitute a financial hardship Owners who are unable to develop their parcel due to a demonstrable hardship that is not financial Owners who can t develop their property due to an exceptional circumstance, such as damage by a natural disaster or other physical condition 10
City of Oakland Finance Department Public Outreach Sessions -Vacant Property Tax Public Input Welcome and Appreciated Written comments can be emailed to: vacantpropertytaxinquiry@oaklandca.gov No decisions tonight on specific property cases, circumstances, or policies. 11