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Property taxes rising to pay for Open Spaces

Posted: July 8, 2008 12:59 a.m.
Updated: September 8, 2008 5:02 a.m.
 
Expect to shell out an extra dollar the next time you pay your property taxes.

The city's open space tax is going up $1 per unit, bringing the assessment rate for a single-family residence to $26 annually.

The tax pays for Santa Clarita's Open Space Preservation District, which annually collects from property owners in the city to fund the purchasing of undeveloped land in the Santa Clarita Valley to preserve as open space.

Voters approved the formation of the district in 2007. The fee started out at $25 per single family homes with the condition it could go up $1 per year with council approval. The council approved the increase at their June 24 meeting.

Property tax for condominium units will go up 75 cents. Fees for undeveloped land will vary depending on acreage.

The city expects to spend roughly $30 million on land over the next 30 years.

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