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Antonovich discusses finances at town council meeting

Posted: December 3, 2009 9:52 p.m.
Updated: December 4, 2009 6:00 a.m.
 

Local county Supervisor Michael Antonovich brought a little holiday cheer balanced with words of warning about the state's finances to the West Ranch Town Council meeting Wednesday night.

"You're going to get a property tax decrease for next year," Antonovich said, sporting a huge smile.

Applause erupted from the more than 40 in attendance.

With home prices falling in Los Angeles County for the first time in more than 30 years, the county tax assessor will lower property taxes by nearly $3 per 100,000 of the home's value, Antonovich said. The decrease will be on the 2010 property tax bills.

Antonovich delivered the welcome news during the December meeting of the West Ranch Town Council, which serves as a go-between for the county and residents of the unincorporated areas of West Ridge, Stevenson Ranch and Sunset Pointe.

What is normally a subdued and small crowd was noticeably larger on Wednesday. The town council provided food and soft drinks to a crowd that included at least one Santa Clarita city councilmember and other high-ranking city officials. Antonovich, who represents the Fifth District on the County Board of Supervisors, noted all the things he has done for the district in the past year. The Fifth District includes the Santa Clarita Valley.

Through his work Antonovich secured $2.5 million to improve the Joanne Darcy Library, he sponsored a workshop on bidding for county contracts at College of the Canyons and he helped secure a deal that will bring a Disney soundstage to the Santa Clarita Valley.

Antonovich also took advantage of his time behind the podium to rail against a dysfunctional state government. The state borrowed heavily from cities and counties, including Los Angeles County, to balance its budget in 2009.

Antonovich credited the county's rainy day fund for keeping it solvent, but added that even the county could end up in trouble if the current state fiscal crisis and the recession don't end soon.

"That's for a rainy day," he said, "not a tsunami."

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