A new kind of financing mechanism approved by the Los Angeles County Board of Supervisors on Tuesday will keep future property tax revenues within unincorporated Altadena, instead of flowing into the county’s general fund.
Why is that earmark important?
Because the county will use these local funds to pay for replacing damaged Altadena infrastructure such as streets, curbs, sewer lines, street trees, as well as rebuilding Farnsworth Park, the Altadena Senior Center and the Eaton Canyon Nature Center all vaporized by the Eaton fire in January.
Some of these potential projects are aimed at repairing the hidden destruction caused by the extensive and severe firestorm that demolished 9,400 structures including homes, businesses, schools, parks and government buildings.
The county estimat