[Calclg-l] Fiscal Impacts of mills Act

[City Planning]

Fiscal Impacts of mills ActThe City of San Juan Bautista needs the Mills Act but as the city's financial situation is dire we are postponing implementation until (date uncertain) the city's finances are brighter. 

Matthew Sundt
City Planner
  ----- Original Message ----- 
  From: Richard Greenbauer 
  To: calclg-l at ohp.parks.ca.gov 
  Sent: Wednesday, December 19, 2007 4:56 PM
  Subject: Re: [Calclg-l] Fiscal Impacts of mills Act


  Meg,

  The City of Oceanside recently implemented the Mills Act Program City Wide and provided the following Fiscal Impact synopsis to the City Council for consideration.

  FISCAL IMPACT 

   

  Property owners who participate in the program realize property tax savings that are shared by all taxing entities, therefore impact to the City's property tax revenue stream should be minimal.  

   

  2)  The City incurred revenue loss from 25 properties under Mills Act contract with the City of Pasadena, averaged $310 per property in 2004.  The City of Anaheim annual tax revenue loss associated with the Implementation of the Mills Act is $100-$400 per property.   For 2003, the City of Ontario has disclosed that the total loss of revenue to the City on 16 Mills Act contracts was approximately $3,000 annually, or about $188 per property per year.  The tax loss to Ontario was estimated to result in almost $603,000 of property owner committed improvements and maintenance to properties under the Mills Act Program. 

   

  Direct fiscal impacts for the City of Oceanside related to the reduction in property tax revenue could be limited by setting a cap on the number of contracts awarded annually and/or a maximum property tax revenue loss.  Currently the City of Pasadena limits the number of contracts awarded per year to 25 properties or $75,000 in annual tax revenue loss.  Since the assessment value of properties throughout Oceanside could vary significantly, it is recommended that the City set a maximum annual property tax revenue loss similar to that of the City of Pasadena. 



  Richard Greenbauer, Senior Planner
  City of Oceanside
  Planning Division
  300 North Coast Highway
  Oceanside, CA 92054
  Phone: 760-435-3519
  Fax: 760-754-2958
  rgreenbauer at ci.oceanside.ca.us 
  Please be advised that all e-mails and phone messages are maintained on the City's server for two years and are considered public information when requested.




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  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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