Board OKs establishment of tax district to fund projects in Cabazon
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2 Articles
The Riverside County Board of Supervisors approved a financing plan for a new taxing district to support infrastructure improvement projects in Cabazon and the surrounding area. The district encompasses approximately 10,000 acres of land and 4,000 homes and businesses located near the freeway. Under the plan, 25% of property taxes for the next 45 years will be used for projects such as flood control, street and road improvements, water supply ex…
Board OKs establishment of tax district to fund projects in Cabazon
RIVERSIDE, Calif. (KESQ) - The Board of Supervisors today approved the funding plan for a new tax district intended to support infrastructure improvement projects in Cabazon and its immediate surroundings. The Cabazon Enhanced Infrastructure Financing District was first authorized by the board in May, and during the supervisors' meeting Tuesday, the new district's "Infrastructure Financing Plan" received a 4-0 affirmative vote, with Supervisor C…
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