Solorio on State Lawsuit Against Orange County

Jose Solorio

Assemblyman Jose Solorio at OCLF Labor Day Celebration, Photo: Chris Prevatt

SACRAMENTO – State Assemblyman Jose Solorio (D-Anaheim) released a statement yesterday regarding the lawsuit filed by the  State of California against the County of Orange because it withheld property taxes that the State believes it’s owed.

“The fact of the matter is that Orange County has been short-changed for years. We send much more money to Sacramento than we get back. This situation is a result of Orange County bankruptcy debt. The county was forced to satisfy Wall Street demands by choosing stable Vehicle License Fee (VLF) revenue rather than rising property taxes. However, last year’s state budget removed Orange County’s special VLF provision, so I believe we’re entitled to the new property tax money that Orange County decided to keep. Our county should be receiving distributions on par with the other 57 counties.

So I sympathize with the County Auditor and the Board of Supervisors, and understand why they took such aggressive action. Now the state is responding. We do need to find a fair solution and the courts may help decide this matter once and for all. I’m just hoping the ultimate outcome will be a solution that works for the County, local schools and the state on an annual basis.”

More on the state’s lawsuit here.

  6 comments for “Solorio on State Lawsuit Against Orange County

  1. April 7, 2012 at 11:01 am

    Solorio is such a hypocrite – this happened on his watch, with him voting in support of stripping OC of 48 million, which he then lied to his constituency about, feigning outrage for what HE VOTED FOR. Just call him the “Negative 48 Million Dollar Man”.

  2. April 7, 2012 at 3:07 pm

    The “Golden Rule”
    He who owns the gold makes the rules.

    Legal or not, like it or not, the state of California forces the counties and cities to pay a tribute, a tax if you prefer a different word. If the counties and cities behave properly and comply with the state mandates then they might get some of the tribute money returned. At the federal level it’s called “Revenue Sharing.”

    For example, when the Feds disapproved of Arizona’s legal right to enforce immigration laws, the Feds withhold transportation dollars, (Revenue Sharing transportation dollars). When broke states object to adding more people to the state’s Medicaid program the Feds without Medicaid reimbursement funds, or some other revenue sharing funds.

    State gasoline taxes are supposed to be used to pay to keep the state’s roads and bridges in good repair; but instead the state steals the highway funds to balance the state budget.

    Big fish eats little fish.

    When Assemblyman Jose Solorio was in the state legislature did he ever say: ‘Stop – It’s not right for California to steal funds from the counties and cities’?

  3. junior
    April 8, 2012 at 8:34 am

    “The ballooning Orange County financial crisis continued to spiral down as the State of California filed a law suit to force return of $73.5 million of property tax revenue the County skimmed from local schools and community colleges last November. It seemed bazaar at the time that the supposed “Most Conservative County in America” would increase spending by $145.8 million, then grab the school’s cash and cancel planned layoffs of 490 union workers.”

    Chriss Street’s blog: http://www.chrissstreetandcompany.com/2012/04/california-lawsuit-exposes-orange-county-financial-crisis/

    • April 9, 2012 at 11:30 am

      The “most conservative” OC 1994 Bankruptcy:

      “As controller of the various Orange County funds, Citron had taken a highly leveraged position using repurchase agreements (repos) and floating rate notes (FRNs). The loss incurred by the usage of these financial instruments reached the amount of $2 billion and was caused by being too highly leveraged for rising federal interest rates.[2] In other words, if federal interest rates had not risen, the massive trading position would have been a substantially profitable position; if interest rates did rise, the trading position would result in substantial losses. In fact, rates rose.”
      “While in bankruptcy, every county program budget was cut, about 3,000 public employees were discharged, and all services were reduced.”
      http://en.wikipedia.org/wiki/Robert_Citron

      What about today?
      Did the Dodd-Frank Act reform Wall Street speculation?
      Answer below.
      http://www.kaptur.house.gov/index.php?option=com_content&view=article&id=637&Itemid=122

      Robert Lauten
      http://www.robertlautenforussenate2012.com

    • April 9, 2012 at 12:25 pm

      Bazaar is a covered outdoor market. Bizarre is the word you are looking for.

      • April 10, 2012 at 10:41 am

        You expect Junior to spell better than Chriss Street?

        Meanwhile Moxley continues spell the adjective “rational” as “rationale,” even though I’ve corrected him before. And nobody at the Weekly will stop him!

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