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County Establishes Wildfire Recovery Financing District

County Establishes Wildfire Recovery Financing District
Published:

The Los Angeles County Board of Supervisors approved a resolution establishing the Unincorporated Santa Monica Mountains Wildfire Disaster Recovery Financing District, marking a milestone in long-term recovery from the Palisades Fire.

The action reflects the county's commitment to locally driven recovery amid limited federal disaster assistance.

"Following the debris removal phase, the federal government has not delivered the support our communities deserve, and we cannot afford to wait," said Supervisor Lindsey P. Horvath. "We need every resource available to rebuild now."

Under Senate Bill 782 authority, the county can dedicate a portion of future property tax increment from the Unincorporated Santa Monica Mountains back into the community without raising taxes. This reinvestment is expected to support critical infrastructure projects, fire safety improvements, water and road system repairs, and long-term climate resilience.

The district addresses key needs identified after the January 2025 disaster and represents a significant step toward reclaiming local resilience and ensuring sustainable recovery in the Santa Monica Mountains.

Edited by SMDP Staff

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