Voice of OC (https://voiceofoc.org/tag/property-taxes/)
It will be up to supervisors and other county officials to hammer out the details on last year’s policy progress, which includes such things as worker relations, homelessness, animal shelters and ethics reform.
The city’s once dire financial position has improved so dramatically that city officials are now projecting a $2.6-million surplus by next fiscal year and a $41.7-million general fund reserve the year after that.
More than $73 million in property tax is at stake.
The state’s action comes months after the county auditor-controller ignored Sacramento’s budget allocations on property taxes.
The Board of Directors at Downtown Inc. is mulling over the idea
of shrinking the assessment district’s boundaries.
The county gets one of the state’s worst returns on property
taxes, so supervisors direct their lawyers to study legal
remedies.