BACKGROUND:
In addition to the many unique taxes and fees that are imposed on residential development, an annual County LAFD parcel tax was already passed in 1997. Most recently, there have already been two other County parcel taxes passed impacting development:
- Measure A in 2016: A 1.5¢ per square foot parcel tax was passed for parks.
- Measure W in 2018: A 2.5¢ per square foot parcel tax was passed for stormwater.
The County LAFD met with BIA-LAV on September 30th, at that time they did not have any specific information and BIA shared concern over impacts to housing and the timing of the March ballot. BIA met with County LAFD twice over the last month in stakeholder meetings and they still do not have draft ballot language available for our review and want to proceed with a March 2020 date. They provided us with information linked below. The draft language won't be available to the public until two weeks before the Board of Supervisors hears their proposal on December 3rd.
The costs for housing production continues to increase based on regulatory costs and market expenses such as, labor, building materials, and land. This tax would be another hurdle in the building process.