6 days ago
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ARTICLE AD BOX
FRESNO, Calif. (KSEE/KGPE) - After 4 years, the County and City of Fresno announced a historical tax-sharing agreement.
Last week the Fresno City Council approved this statement and Tuesday, it volition spell earlier the Fresno County Board of Supervisors for last approval.
The past statement betwixt the metropolis and region expired successful 2020 aft an 18-year run.
Fresno is presently the lone metropolis without an statement with the county.
This statement volition make spot taxation gross for some the City and County of Fresno, bring successful aboriginal development, and make thousands of caller jobs.
"Not having an statement successful place, I judge is 1 of the respective reasons wherefore our metropolis is experiencing specified a drastic lodging shortage," said Annalisa Perea, Fresno City Council President.
According to Councilmember Garry Bredefeld, the region and metropolis person been incapable to signifier this statement until now.
"Without development, we don't grow," said Bredefeld.
Councilmember Miguel Arias suggested that the crushed for this is that Bredefeld and Councilmember Luis Chavez were precocious elected to the County Board of Supervisors.
In response, existent County Supervisor Nathan Magsig said, "We truly haven't seen a full batch of question connected the taxation sharing agreement, not until truly the past six weeks."
This clip around, the memorandum of knowing comes with a higher reward for the city.
Perea adjacent called it a game-changer.
"There was a one-off negotiated spot taxation divided for the Southeast Development Area (SEDA), this volition effect successful an summation from 38% to 51%," Perea said.
And for areas extracurricular SEDA, the metropolis volition person a 40% stock of spot taxation revenue, which is simply a 2% increase.
"It's astir $11,000 further dollars, the 2% gets us."
The Fresno County Supervisors volition ballot connected this point Tuesday greeting and Magsig said he's consenting to travel to an agreement.
"I tin archer you, for me, I'm consenting to negociate immoderate of those percentages erstwhile it comes to the spot taxes, but determination needs to beryllium immoderate springiness and take, truthful if we're going to springiness up connected immoderate of those percentages determination needs to beryllium much roads that the City of Fresno is consenting to instrumentality because, again, arsenic they turn and develop, a batch of that postulation is being placed connected region roads and costing region residents," said Magsig.
Perea assured that this statement does not o.k. the improvement successful Southeast Fresno.
