Countywide : County Treasurer Will Seek Reelection
Orange County Treasurer-Tax Collector Robert L. Citron, whose management of government revenues in lean fiscal times has won him praise from officials, said Thursday that he will seek a seventh term in office.
In a written notice announcing his reelection bid, Citron, 68, stated that investments made by his office had generated $344 million for the county last year.
A portion of those investment earnings will be used to fund a $2-million anti-gang strategy called TARGET that will send teams of police, prosecutors and probation officers into the county’s most troubled neighborhoods.
“The investment strategies and programs that have carried Orange County’s annual interest rate on tax dollars to the highest levels in the state and the nation must be continued,” Citron said.
“Because of this sound investment strategy, the people who pay taxes had their tax load lightened by tens of millions of dollars,” he added.
The treasurer’s office manages an investment portfolio valued at $7.5 billion in taxes from 187 public agencies, including cities, school districts, special districts and county government.
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