Redevelopment Property Tax Trust Fund (RPTTF) Activity Estimates
Estimates of the property tax deposits into and the distributions out of the RPTTFs related to the January to June 2013 period have been prepared. The report can be viewed at the following link:
Jan-Jun 2013 RPTTF Activity Estimate
Agreed Upon Procedures
Successor agency AUP reports were submitted to the State Controller's Office and the Department of Finance.
Due Diligence Reviews
Results of the due diligence reviews to determine the unobligated Low and Moderate Income Housing Fund (LMIHF) balances available for transfer to taxing entities were to be provided by October 1, or as soon as possible thereafter, to oversight boards, the DOF, the SCO, and the Auditor-Controller (A-C). Results related to all other funds and accounts are to be provided by December 15. Oversight Boards are to review, approve, and transmit the determination of LMIHF and other funds and accounts amounts available to be distributed to taxing entities.
Upcoming Important Dates
November 9 DOF is to complete its review of LMIHF determinations.
December 1 Successor Agencies are to notify the A-C of insufficiency of funds.
ABX1 26 - Redevelopment Agency Dissolution Act
The California Supreme Court upheld ABX1 26, the Redevelopment Agency (RDA) Dissolution Act (Act) which resulted in the dissolution of RDAs in California effective February 1, 2012.
The purpose of this webpage is to provide Orange County successor agencies information regarding the administration of ABX1 26, and the status of various actions required by the Act of the Orange County Auditor-Controller.
Link to the Department of Finance ABX1 26 webpage and FAQs:
http://www.dof.ca.gov/assembly_bills_26-27/view.php
To contact the County regarding property tax:
PropertyTax@ac.ocgov.com
To contact the County for other successor agency issues:
successor@ac.ocgov.com
