City of Stockton StaffReport Property Tax Allocation Agreement 2026-05-07
Stockton, County set annexation tax sharing agreement
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Description
The City of Stockton is entering into a Property Tax Allocation Agreement with the County of San Joaquin to govern base and incremental tax sharing for the LeBaron Ranch and Thornton Road annexation areas. The pact allocates 90% of base property taxes and 60% of growth to the County, with the remainder to the City, and becomes effective upon County approval.
Contract Details
Vendor
COUNTY OF SAN JOAQUIN
Agency
City of Stockton, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 7, 2026
Contract Term
Effective upon approval by Fire District and County Board of Supervisors; ongoing for LeBaron Ranch and Thornton Road annexation areas unless terminated with six months’ written notice
Renewal Info
Agreement may be terminated by any party with six months’ written notice; termination does not affect annexations already certified by LAFCo. No fixed expiration date stated.
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