Assembly Member Sharon Quirk-Silva recently introduced legislation that would address the current issue of Orange County’s lost vehicle license fees, or revenue it received from annual car registrations. The County hoped to receive an arrangement with the State similar to the one every other county has: receiving property tax revenue in lieu of vehicle license fees on a dollar-for-dollar basis, known as the Vehicle License Fee Adjustment Amount (VLFAA).
Although the County did not receive that exact dollar-for-dollar swap, as the other 57 counties did beginning nearly a decade ago, this effort, in concert with the entire Orange County legislative delegation, represents the best possible outcome in the current situation. Of course, Orange County will remain 58th of 58 counties in California for the percentage share of property tax revenue returned to it. However, it is hoped and expected that legislators from Orange County will continue to advocate for a more equitable property tax revenue distribution among all California counties. Continue reading