Economic development and enhanced infrastructure financing districts
Summary
The county will explore joining Scotts Valley's EIFD, which uses future property tax growth — not new taxes — to fund roads, fire facilities, affordable housing and the long-planned Scotts Valley town center. County analysts project an $18.4 million net general fund benefit over 30 years.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 29, 2026.
Impact analysis
No new taxes or cost to current homeowners; county would redirect 25% of its future tax growth (~$12M over 30 years) while keeping ~$35.9M in new revenue.
Scotts Valley residents, the fire district, and county taxpayers through improved infrastructure and the town center development.
None identified; critics questioned development assumptions and fire district involvement amid battery storage concerns.
Mentions & discussions (3)
Board of Supervisors - Special Meeting - Sep 29, 2026
The county is helping form an EIFD in Scotts Valley and exploring one for unincorporated areas to fund roads, water, wildfire resilience, and affordable housing without raising property tax rates.
Board of Supervisors - Regular Meeting - Sep 29, 2026
The county will give up 25% of its future property tax growth in a 236-acre Scotts Valley district (up to $50 million over 30 years) to fund town center infrastructure, fire facilities, water/sewer upgrades and affordable housing. County analysis projects an $18.4 million net benefit.
Board of Supervisors - Regular Meeting - Apr 14, 2026
The county will explore joining Scotts Valley's EIFD, which uses future property tax growth — not new taxes — to fund roads, fire facilities, affordable housing and the long-planned Scotts Valley town center. County analysts project an $18.4 million net general fund benefit over 30 years.
Related development
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