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The memorandum discusses the recommendation to increase the Library Parcel Tax rates for Fiscal Year 2026-2027 by 2.48% over the previous fiscal year's rates. This increase aims to maintain and enhance library services and facilities in San José. The proposed tax rates will be placed on the Santa Clara County Property Tax Roll. The document outlines the history of the Library Parcel Tax, including its approval and previous increases, and provides details on the expected revenue from the tax.
Key points
Recommendation to adopt a resolution to increase Library Parcel Tax rates by 2.48% for FY 2026-2027.
The increase is intended to fund library services, materials, and programs.
The Library Parcel Tax was first approved in 2004 and has been extended through 2040.
The proposed increase will raise the tax for single-family parcels from $41.11 to $42.12.
The estimated tax collection for FY 2026-2027 is approximately $11.6 million.
Limitations
The document includes unresolved placeholders and blank fields.
The text appears to be a draft, as indicated by the lack of final approval details.
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Extracted text preview · 11,761 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: Approval to Increase the Library Parcel Tax Rates for Fiscal Year 2026-2027 Approved 6/9/26 26-677 2.7 FROM: Maria Öberg Jill Bourne DATE: May 18, 2026 Date: 5/26/26 COUNCIL DISTRICT: Citywide RECOMMENDATION Adopt a resolution to increase the Library Parcel Tax rates for Fiscal Year 2026-2027 by 2.48% over the Fiscal Year 2025-2026 rates and approve the placement of the Library Parcel Tax on the Fiscal Year 2026-2027 Santa Clara County Property Tax Roll. SUMMARY AND OUTCOME The proposed increase in Library Parcel Tax rates will continue to provide funding to maintain and enhance Citywide library services and facilities through the acquisition of materials, the development and delivery of educational and digital literacy programs, and the repair, equipping, and staffing of libraries. BACKGROUND In August 2004, the City Council adopted Resolution No. 72268 placing a Library Parcel Tax, as provided in the San José Library and Reading Protection Ordinance, on the November 2004 General Municipal Election. The Library Parcel Tax was approved by the required two-thirds vote of the electorate. The Library Parcel...
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The source text indicates this attachment appears to be a draft document.
This resolution approves an increase in the Library Parcel Tax rates for fiscal year 2026-2027 by 2.48% over the previous fiscal year's rates. It also approves the placement of the Library Parcel Tax on the Santa Clara County Property Tax Roll for the same fiscal year. The resolution outlines the history of the Library Parcel Tax, its funding contributions to the San José Public Library System, and the methodology for the proposed tax rate increase. The complete tax schedule is included as Exhibit A.
Key points
Resolution No. ______________
Increased Library Parcel Tax rates for FY 2026-2027 by 2.48%.
Approval for placement of the Library Parcel Tax on the Santa Clara County Property Tax Roll.
Library Parcel Tax provides approximately 16.8% of the operating budget and 5.7% of the capital budget for the San José Public Library System.
The proposed tax collection for FY 2026-2027 is approximately $11.6 million.
Exhibit A includes the current and proposed tax rates for various land use classifications.
Limitations
The document appears to be a draft.
The resolution number is not filled in.
The adoption date and voting details are not filled in.
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Extracted text preview · 10,313 chars
SAW:KMM:CLS 5/13/2026 RESOLUTION NO. ______________ A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE APPROVING THE INCREASED LIBRARY PARCEL TAX RATES FOR FISCAL YEAR 2026-2027 BY 2.48% OVER THE FISCAL YEAR 2025-2026 RATES AND APPROVING THE PLACEMENT OF THE LIBRARY PARCEL TAX ON THE FISCAL YEAR 2026-2027 SANTA CLARA COUNTY PROPERTY TAX ROLL WHEREAS, on August 3, 2004, the Council of the City of San José (“City”) adopted Resolution No. 72268, placing a ten (10) year Library Parcel Tax, as provided in the San José Library and Reading Protection Ordinance (Chapter 4.79 of the San José Municipal Code), on the November 2, 2004 General Municipal Election ballot, which was approved; and WHEREAS, the Library Parcel Tax took effect on July 1, 2005 with an expiration date of June 30, 2015 and provides funding to maintain and enhance Citywide library services and facilities; and WHEREAS, on March 4, 2014, the City Council adopted Resolution No. 76935 placing an extension of the existing Library Parcel Tax on the June 3, 2014 Special Municipal Election ballot, which was approved, extending the Library Parcel Tax for the period beginning July 1, 2015 through June 30, 2040; and WHEREAS,...