County Council To Consider Property Tax Rates Tuesday

first_imgCOUNTY News:The Los Alamos County Council will consider property tax rates at its Tuesday evening meeting. Tax rates are calculated by the State’s Department of Finance and Administration (DFA) pursuant to the local Assessor’s Office annual valuation report. In accordance with the Property Tax Code, property tax rates are calculated for all governmental units within the County that have imposed a tax on property. (The County, Public Schools, and UNM-LA, as well as the state.)State statutes require that the Council issue a written order imposing the tax at the rates calculated by DFA. Using the order, the County Finance Division prepares and mails out property tax bills in November.The 2020 property tax rate for residential properties is decreasing about 1.54% compared to 2019. The 2020 rate for non-residential properties is increasing about 1.68%, compared to 2019.  These changes are primarily the result of the State applying yield control to the rates imposed by the taxing entities. The locally imposed tax rates have not changed from 2019. The State yield control formula manages how property tax revenue (yield) can change based on the annual re-valuation process. When the re-valuation increases (or decreases), the State will lower (or raise) the locally applied tax rate to manage revenue (i.e. yield control).last_img read more

Infrastructure opportunities in California port redevelopment

first_imgThat is the prospect offered by real estate developers who seek to rejuvenate San Pedro waterfront property known as Ports O’ Call Village, located along the Port’s Main Channel and adjacent to downtown San Pedro, California. The Port of Los Angeles has issued a Request for Qualifications (RFQ) for qualified commercial real estate developers, intending to kick-start the property development. Los Angeles mayor Antonio Villaraigosa says: “The City and Port of Los Angeles are pleased to offer qualified parties who have a vision for creating a world-class LA waterfront, an unparalleled redevelopment opportunity that will rival other urban waterfronts around the globe.”Port executive director Dr Geraldine Knatz says: “We are investing hundreds of millions of dollars in public waterfront infrastructure along 16 miles of community-adjacent port property at the Port of Los Angeles.”The development site includes 915m of rare water frontage and 37,500 sq m of retail and tourism-related entitled uses. Located at the south end of the Harbor (I-110) Freeway, the site is conveniently accessible to downtown Los Angeles and other key areas of Southern California.www.portoflosangeles.orglast_img read more

UWF Men’s Soccer Drops to No. 19

first_imgUWF Men’s Soccer Drops to No. 19 Kansas City, Ks. — The University of West Florida men’s soccer team fell nine spots to No. 19 in the latest NSCAA Division II Top 25 Poll which was released Tuesday. Last week the Argos reached a season high coming in at No. 10 before suffering a tough loss to Gulf South Conference opponent Christian Brothers on Saturday. Despite the loss, the Argos remain ranked inside the Top 25 for the fifth consecutive week. In the loss to Christian Brothers, a late second half goal by the Bucs upset the then No. 10 Argos 1-0. The Argos look to rebound this weekend as they host Alabama-Huntsville on Friday night at 7:30pm CT for Homecoming and Delta State on Sunday at 3pm CT. For more information on Argonaut athletics or to follow along with live stats, fans can keep up with the action at Print Friendly Version Sharelast_img read more