Stockton City Council Resolution Approving Property Tax Allocation Agreement 2026-05-12
Stockton OKs Tax Allocation Pact With County
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Description
The Stockton City Council approved a Property Tax Allocation Agreement with the County of San Joaquin for the Thornton Road drive-through restaurant and LeBaron Ranch residential annexation projects. The agreement establishes how property tax revenues will be shared following annexation, with details contained in Exhibit 1.
Contract Details
Vendor
COUNTY OF SAN JOAQUIN
Agency
City of Stockton, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Project-specific property tax allocation agreement for the identified annexation projects; replaces terms under the prior master tax sharing agreement that expired July 31, 2025. No renewal or extension provisions are stated in the resolution.
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APPROVEDStockton City Council Resolution 2026-05-12-0607 2026-05-12
APPROVEDCity of Stockton StaffReport Property Tax Allocation Agreement 2026-05-07
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