Initial figures for next state budget could be good news for Claremont
On May 14, Governor Jerry Brown released his revised state budget for 2013-2014. Preliminary views of the state budget indicate Claremont will not be adversely affected should that revised budget be enacted, according to City Manager Tony Ramos.
“In the past, local assistance for public safety or Community Oriented Policing Services (COPS) funding has been a target of the state. However, the May revise does not propose to reduce this funding at this time, and the city should receive its allocation of $100,000 in 2013-2014,” Mr. Ramos said.
The recently revised budget reduces the projected amount to be received by cities from the dissolution of redevelopment, Mr. Ramos noted. While the actual impact to Claremont’s property tax revenues is difficult to assess at this time, Mr. Ramos says he has received information from the Los Angeles County Assessor that the assess values for the county are expected to increase by over 2 percent in 2013-2014.
“Claremont typically experiences growth in assessed value that is close to or higher than countywide figures, therefore the resulting increase in property tax revenues from the projected growth and assessed values will more than likely offset any reduction or loss in redevelopment revenue,” Mr. Ramos said.
“We will continue to monitor the status of the state budget throughout the rest of this fiscal year and keep the council and the community informed of any impacts,” he concluded.