[Calclg-l] Fiscal Impacts of mills Act
Pechous, Jim
PechousJ at san-clemente.org
Wed Dec 19 15:03:49 PST 2007
Meg,
If you do the math the actual loss in City tax dollars is very low
especially if you factor in the return which is the projection of City
historic resources. Prior to the Mills Act we had a much higher
percentage of people attempting to delist their property or to
demolition their historic structure. This is by far our best historic
preservation incentive our City has, and we have many. The only pitfall
I can think of is that it will take staff time to process and manage
your mills act contracts. One way to reduce tax burden, if that is a
concern, and to reduce a sudden impact to your staff work load is to
limit the number of contracts allowed per year. We limit our contract
to five the first three quarters of the year. Our program has been in
existence for over 10 years and we have a little over 50 active
contracts.
Good luck!
Jim
Jim Pechous
Principal Planner, Planning Division
City of San Clemente
910 Calle Negocio Suite 100
San Clemente, CA 92673
Phone: (949)361-6195
Fax: (949)366-4750
Email: pechousj at san-clemente.org <mailto:pechousj at san-clemente.org>
Website: http://www.san-clemente.org/sc/Standard.aspx?PageID=255
<http://www.san-clemente.org/sc/Standard.aspx?PageID=255>
From: calclg-l-bounces at ohp.parks.ca.gov
[mailto:calclg-l-bounces at ohp.parks.ca.gov] On Behalf Of Clovis, Meg
x4913
Sent: Wednesday, December 19, 2007 2:42 PM
To: calclg-l at ohp.parks.ca.gov
Subject: [Calclg-l] Fiscal Impacts of mills Act
The County of Monterey is considering implementing the Mills Act but
would like input from other jurisdictions re: adverse affects due to
reduced property tax revenues. In addition, any advice about pitfalls to
avoid would be appreciated.
Thanks for your assistance -
Meg Clovis
Cultural Affairs Manager
Monterey County Parks
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