RSG

Intelligent Community Development

Case Studies Fiscal Health

ANNUAL TAXING AGENCY PAYMENT COMPUTATIONS - FOUNTAIN VALLEY

For the past several years, the Fountain Valley Agency for Community Development has retained RSG to compute annual statutory taxing agency payments required by Section 33607.5 and 33607.7 of the Redevelopment Law. RSG’s work entailes coordination with County officials to reconcile differences on the methodology for computing payments, developing a model to calculate the payments annually, and preparing transmittal letters for each payment to the taxing agencies. RSG also monitors developments in the industry affecting the computations to ensure that our methodology is consistent with legal interpretations and best practices.