Supervisors approve La Ventana CFD

The Riverside County Board of Supervisors amended the rate and method of apportionment of a community facilities district for the planned La Ventana development.The supervisors voted 5-0 August 26 to adopt a resolution to amend the rate and apportionment for the CFD and to certify the results of the election. The 149-acre La Ventana property is east of La Ventana Road, west of Leon Road, north of Olive Avenue, and south of Simpson Road in Winchester. The CFD covers two current legal tracts where 292 single-family homes are planned.A community facilities district includes a special tax (sometimes known as Mello-Roos taxes due to the state legislators who authored the option for services on new development to be funded by an annual assessment) to fund the services and/or infrastructu
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