IN THE NEWS - FINANCIAL INFORMATION
Annual Reporting on Development Impact Fees & Development Agreements
The City Council of the City of Newport Beach will hold a public meeting to review the ANNUAL REPORTING ON DEVELOPMENT IMPACT FEES & DEVELOPMENT AGREEMENTS pursuant to the Mitigation Fee Act (Government Code Section 66000, et seq.). The meeting will take place on Tuesday, November 24, 2015, at 7:00 p.m. Please click on the document names to access the Development Impact Fee Report and the Development Agreements Report documents.
Property Tax Newsletter
The City of Newport Beach experienced a net taxable value increase of 5.9% for the 2015/16 tax roll, which mirrored the increase experienced countywide at 5.9%. The assessed value increase between 2014/15 and 2015/16 was $2.6 billion. The change attributed to the 1.998% Proposition 13 inflation adjustment was $690 million, which accounted for 26% of all growth experienced in the city. Click here to read more.
In the News Archive