Earlier this year the Riverside County Board of Supervisors approved the Highway 74 Enhanced Infrastructure Financing District Public Financing Authority. On October 25 the county supervisors approved the infrastructure financing plan for the district.The supervisors’ 5-0 vote approves a plan which anticipates future development of 10,161,884 square feet of building space on 233.28 developable acres within the area. Incremental property tax and vehicle license fee revenue will finance the district, and an estimated $90,072,627 in 2022 dollars will fund Enhanced Infrastructure Financing District projects while an additional $29,560,000 in non-EIFD public facilities are also anticipated with $25,560,000 of that funded by the EIFD increment.The Highway 74 Enhanced Infrastructure Fin
