Vehicle License Fees (DMV)Reinstated through new formula to Menifee
MENIFEE- The City of Menifee announced today that California Governor Jerry Brown signed SB 130, reinstating Vehicle License Fees (VLF) back to the City of Menifee along with the Cities of Wildomar, Jurupa Valley and Eastvale. In a signing press conference today at 10am, elected officials joined the Governor and thanked Senator Richard Roth and Assemblywoman Cervantes for their continued regional partnership in correcting the six year old parity issue derived from a policy decision in 2011 striping the City of nearly a total of $25M collectively. The Menifee City Council were present to witness the reinstatement of the City’s $4.5M annual revenue stream that is critical for City services.
“After many attempts to reinstate Vehicle License Fees back to Menifee, we are ever so grateful to receive these funds to pay for critical services, said Councilwoman Lesa Sobek. “We never gave up hope and we extend our sincerest gratitude to the Senator and Assemblywoman for their vigilant efforts, as this was not about party politics for the City, but a real local issue affecting our ability to provide services.”
Early long-term budget projections showed that two sources of revenue were needed to close the $20M deficit for status quo services. In November 2016, Menifee residents passed Measure DD, a 1% sales tax measure for public safety, infrastructure, and road repairs and maintenance to help bridge the funding gap and not cut critical services. With the recent reinstatement of VLF through a property tax formula from Budget Trailer Bill Senate Bill (SB) 130, the City now has the second required funding stream to add additional services to keep pace as the fastest growing city in Southwest Riverside County.
“With the funding gap for the Scott Road Interchange growing smaller, the reinstatement of the VLF could not have come at a better time,” said Mayor Neil R. Winter. “As a City Council we assure our residents that these funds will be used with the resident’s best interest in mind, and now with both Measure DD funding and with the VLF reinstatement formula, we can finally start the process to close the $20M deficit created from the loss of VLF and rising public safety costs.”
For more information, please contact Gina Gonzalez, Economic Development Manager, at firstname.lastname@example.org or (951) 672-6777. ###
ABOUT MENIFEE: Situated in the heart of southern Riverside County along Interstate 215, Menifee is a vibrant, new city of more than 90,000 residents who enjoy a pleasant year-round climate, abundant recreational offerings, reasonably priced housing and convenient proximity to some of Southern California’s premiere attractions and employment centers. Within its 50 square miles, Menifee’s business, retail and entertainment outlets are starting to shape the community’s character and this growing economic base is also contributing favorably to the city’s strong financial position. Menifee’s growing family-oriented population values the city’s ongoing commitment to public safety, community events and smart growth for the future. All of these elements are working together to support the city’s strategic vision to make Menifee one of the state’s most promising new cities.