Ojai Nearing Cap On Taxes

By Daryl Kelley
Faced with a daunting array of planned projects, Ojai’s Redevelopment Agency must instead focus next year on how it can continue to refurbish the city’s core as the agency approaches a cap on how much it can collect in property taxes.
Since its founding in 1972, the Redevelopment Agency has captured about $18 million in property tax that would otherwise have gone to other government entities. But, with soaring property values during the last decade, the agency is now approaching a $23.2-million cap on

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