Supervisors Honor 30-Year Promise to Dissolve Taxing Districts

The following is a press release from an organization unaffiliated with Voice of OC. The views expressed here are not those of Voice of OC. FOR IMMEDIATE RELEASE
July 26, 2016
Contact: Jean Pasco
(714) 834-7218
jean.pasco@ocgov.com

Supervisors Honor 30-Year Promise to Dissolve Taxing Districts
Orange County supervisors formally dissolved eight special taxing districts in South Orange County on Tuesday and ordered $4.3 million in property owner tax credits, ranging from $49.84 to $3,664.01 per parcel. “The County made a promise 30 years ago to collect what was needed to finance public improvements and to end the payments when they were no longer necessary,” said Board of Supervisors Chairwoman Lisa Bartlett, Fifth District, who represents South Orange County. “We’ve honored our promise and a significant number of residents will no longer be assessed this tax.”

First formed in 1986, the Community Facilities Districts (CFDs) came to represent for many the cost of living in South County.