Hearing on Parkland and Street Tax
The Palos Verdes Estates City Council has set a public hearing on a proposed ballot measure to fund parklands and streets maintenance for Dec. 12 at 7:30 p.m.
The city is considering renewing the tax, which voters have approved by a two-thirds margin since 1980. If the council agrees to renew the parcel tax, it will be put on the April 10, 1990, city ballot.
The last tax was approved for a four-year period in 1986, when voters agreed to pay $74 per parcel with a 4% increase per year. This year residents paid $84 per parcel.
Finance Director Bill Yeomans said he will probably propose at the public hearing that residents pay $88 or $89 per parcel with a 5% annual increase.
The parcel tax pays 60% of the cost of maintaining streets and parklands, Yeomans said after the meeting, with the balance coming from the city’s General Fund.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
