Santa Clara council authorizes ad valorem tax levy to support Measure I bond program
The Santa Clara City Council voted unanimously to place an ad valorem tax levy on the 2025–26 property tax roll to finance voter‑approved Measure I general‑obligation bonds, setting a maximum rate of $28.70 per $100,000 of assessed value and describing an average rate of about $19 per $100,000 over the life of the bonds.
The full story
The Santa Clara City Council on Tuesday adopted a resolution directing Santa Clara County to place an ad valorem tax levy on the 2025–26 property tax roll to support the city’s voter‑approved Measure I general‑obligation bond program. The council recorded a unanimous vote to authorize a maximum levy of $28.70 per $100,000 of assessed value, while staff described an expected average levy of about $19 per $100,000 over the life of the bonds.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in