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6.F. -Page 11 of 14 <br />Decisions regarding the specific programs, schools, sites and expenditures to be <br />supported in any given year, and the timing, priority and method of allocation of <br />funds, shall be made by the Board of Trustees in its sole discretion and may vary <br />from year to year as needs arise or change. No parcel tax funds will be spent on <br />administrative salaries. <br />B. Amount and Basis of Tax <br />This Measure shall authorize the Redwood City School District ("District") to levy a <br />special tax of $149 per Parcel of Taxable Real Property beginning July 1, 2020, and <br />continuing for a period of twelve (12) years. The District shall provide the County of <br />San Mateo Treasurer -Tax Collector ("County Tax Collector") a report indicating the <br />parcel number and amount of tax for each Parcel of Taxable Real Property. <br />This special tax is estimated to raise $3.45 million in annual local funding for District <br />schools. The amount of annual local funding raised by this special tax may vary from <br />year to year due to changes in the number of parcels exempted from the levy. <br />"Parcel of Taxable Real Property" is defined as any unit of real property in the District <br />that receives a separate tax bill for ad valorem property taxes from the County Tax <br />Collector's Office. All public property that is otherwise exempt from or upon which <br />no ad valorem property taxes are levied in any year shall also be exempt from the <br />special tax in such year. <br />C. Exemptions <br />Upon application and pursuant to any procedures adopted by the District, an <br />exemption from payment of the special tax may be granted on any parcel owned by <br />one or more persons who are: <br />a) Sixty-five years of age or over and who occupies said parcel as a principal <br />residence ("Senior Citizen Exemption"); <br />b) Receiving Supplemental Security Income for a disability, regardless of <br />age, and who occupies said parcel as a principal residence ("SSI <br />Exemption"); or <br />c) Receiving Social Security Disability Insurance benefits, regardless of age, <br />whose yearly income does not exceed 250 percent of the 2012 federal <br />poverty guidelines issued by the United States Department of Health and <br />Human Services, and who occupies said parcel as a principal residence <br />("SSDI Exemption"). <br />Exemptions may be granted based on a one-time application and exemptions <br />granted under prior special taxes levied by the District will not require re -approval, <br />subject to the District's right to verify a property owner's continuing qualification for <br />exemption. <br />D. Claims / Exemption Procedures <br />With respect to all general property tax matters <br />Tax Collector or other appropriate County <br />determinations of tax exemption or relief for an <br />Exhibit B-2 <br />within its jurisdiction, the County <br />tax official shall make all final <br />y reason, and that decision shall be <br />161 <br />