A. For each fiscal year beginning in Fiscal Year 2017-2018, a parcel tax shall be levied on all improved property within the City of Culver City as follows:
1. Each Improved single-family residential parcel shall be taxed $99 per parcel.
2. Each Improved Multi-Family Residential Parcel shall be taxed at $69 per residential dwelling unit.
3. Each improved non-residential parcel shall be taxed $1,096 per acre of land or portion thereof.
4. All publicly owned parcels shall be exempt from the parcel tax. Publicly owned parcels include, but are not limited to, parcels owned by the City, County, State, Federal government, public school district, water district, or flood control district. However, a possessory interest in a publicly owned parcel may be taxed pursuant to the rates above based on the actual use of such parcel, as long as the possessory interest holder is not otherwise exempt pursuant to this Chapter. If a parcel is owned by an entity that can be taxed using the Los Angeles County's utility roll, such parcel shall be taxed as a non-residential parcel.
5. All parcels that do not receive a secured property tax bill for ad valorem taxes shall be exempt from the parcel tax.
6. Each multi-use improved parcel shall be taxed the sum of the parcel tax rate for the various applicable parcel tax classifications described herein.
B. The number of units and acreage used for purposes of calculating the parcel tax shall be as shown on the Los Angeles County Assessor's most recent secured property tax roll, or as otherwise known to the City.
D. The parcel tax is levied pursuant to the City's Charter, Cal. Gov’t Code §§ 50075 et seq., and other applicable laws, and is a tax upon each parcel of property or possessory interest. The amount of the parcel tax is not measured by the assessed value.
(Ord. 2016-013 § 1 (part))