Tustin Ca Taxes

Homeowners in the Tustin Ranch area will see a drop in their property tax bills this year after about $100 million in outstanding bonds are refinanced. "Now is an opportune time for us to take advantage of lower interest rates and certain changes in the law regarding assessment district bonds," said city Finance Director Ron Nault. The plan was approved by the City Council on Monday, and the deal is expected to be finalized by next month.

Owners of historic properties who wish to receive a tax break will pay a fee to join the program under a resolution recently adopted by the City Council. The $500 fee for the city's new Mills Act program will help to pay for the staff, officials said. The state Mills Act allows for reduced property taxes on a historic building if the owner agrees to maintain and preserve the property for at least 10 years.

Owners of historic properties who wish to receive a tax break will pay a fee to join the program under a resolution recently adopted by the City Council. The $500 fee for the city's new Mills Act program will help to pay for the staff, officials said. The state Mills Act allows for reduced property taxes on a historic building if the owner agrees to maintain and preserve the property for at least 10 years.

Tustin Ranch property owners have voted to keep paying a yearly lighting and landscaping assessment that was overturned by Proposition 218. According to results announced at Monday's City Council meeting, 78% of Tustin Ranch residents favor the tax. "I don't know what we would have been doing if that didn't pass," Councilman Thomas R. Saltarelli said. "I'm really pleased with that vote."

Residents of the Tustin Ranch area have until the close of a public hearing Monday to cast their votes on whether to keep a lighting and landscaping assessment that was made illegal under Proposition 218. Public Works Director Tim D. Serlet said the city distributed about 4,300 ballots to residents of Tustin Ranch, an area bounded roughly by the Santa Ana Freeway on the south, Jamboree Road on the east and the city limits on the north and west.

Tustin Ranch property owners have voted to keep paying a yearly lighting and landscaping assessment that was overturned by Proposition 218. According to results announced at Monday's City Council meeting, 78% of Tustin Ranch residents favor the tax. "I don't know what we would have been doing if that didn't pass," Councilman Thomas R. Saltarelli said. "I'm really pleased with that vote."

Residents of the Tustin Ranch area have until the close of a public hearing Monday to cast their votes on whether to keep a lighting and landscaping assessment that was made illegal under Proposition 218. Public Works Director Tim D. Serlet said the city distributed about 4,300 ballots to residents of Tustin Ranch, an area bounded roughly by the Santa Ana Freeway on the south, Jamboree Road on the east and the city limits on the north and west.

Homeowners in the Tustin Ranch area will see a drop in their property tax bills this year after about $100 million in outstanding bonds are refinanced. "Now is an opportune time for us to take advantage of lower interest rates and certain changes in the law regarding assessment district bonds," said city Finance Director Ron Nault. The plan was approved by the City Council on Monday, and the deal is expected to be finalized by next month.