Maureen Megowan's Blog

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New Parcel Tax for Palos Verdes Schools Appears to Have Passed

With all mail-in votes now tallied, Meaure V which will create a new tax of $165 per property appears to have exceeded the required 2/3 majority, with 68.6% of ballots cast approving the measure. The only ballots left to be counted are those that were turned in on Tuesday to Palos Verdes City Hall.  These ballots are not expected to affect the final outcome.

Vote David McNew Getty Images

The new tax is expected to raise approx. $3.3 million. There is an exemption  available for seniors which must be applied for. The school district must still determine what costs should be cut to meet the large cut in school expenditures expected for the next fiscal year from the State Legislature.

information about Palos Verdes Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions. 

For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.

Comment balloon 0 commentsMaureen Megowan • June 24 2009 10:38PM

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