2016 Annual Report California State Association of Auditors Property Tax Managers’ Subcommittee

Meeting Statistics Three meetings over five days in Sacramento and Ontario Average number of attendees: 89 Average number of counties represented: 38 Total CPE hours: 32 Cost per CPE hour: $11.72

Meeting Topics Prop 26 and Prop 218 School Bonds Public Records Act Taxpayer Bill of Rights Gann Limit Property Tax Overview Trends in Economic Development Statewide Community Infrastructure Program (SCIP) When Tax Measures Compete Enhanced Infrastructure Financing Districts and Community Revitalization Investment Authorities The State and Future of the Real Estate Market in California PACE Assessments Common Claims About Proposition 13 Consumer Protection and Awareness for PACE Assessments Special Assessments and Special Taxes TaxSys – Property Tax Apportionment System Proposed Bay Area Parcel Tax Successor Agency Issues California Real Estate Market Online Access to Revenue and Taxation Code and Tax Law Cyber Security in Public Institutions Timber Tax Tax Outlook for 2017 California Economic Outlook

Finances Beginning Balance on January 1, 2016 $ 18,479.08 Registration Fees 30,975.00 Meeting Expenses (34,988.06) SACA Scholarship Subsidy 5,000.00 Speaker Gifts (168.38) Bank Charges (334.84) Interest Income 5.02 Ending Balance on December 31, 2016 $ 18,967.82

Scholarships Allows counties with financial/budgetary constraints to attend meetings Counties Served - 16 Used to pay registration fees and hotel costs Annually receive $5,000 from SACA Current Balance: $3,273.40 Requesting subsidy payment for 2017 of $5,000