Form 13909 for Murrieta California 2023-2025

Form 13909 for Murrieta California: What You Should Know

My Office was directed by the Board of Supervisors to collect tax increment payments from San Bernardino and Inland Empire counties for the purpose of funding and managing public schools and infrastructure projects. The report has four main conclusions: • Tax increment payments are an effective way for districts to raise revenue without increasing property taxes. • Districts have invested significant effort and money to develop the new infrastructure projects to be financed from tax increment payments. Districts could increase property tax rates to help finance these projects. • A study of tax increment payments is needed to assess whether additional resources are needed to finance infrastructure projects. • Tax increment payments are a more effective source of revenue for schools than general funds or local sales taxes. • While tax increment payments support funding for district needs, they can also support other community needs such as road construction and school expansion. Thank you for your interest in our work! To receive email notifications of news and announcements, including information on my tax proposals, send an additional message to. To unsubscribe, email taxreformgmail.

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