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FINANCIAL_SERVICESAPPROVED

County of Los Angeles Agenda 2026-05-19

County Approves Tax Levy for Walnut Valley Bond Refunding

Up to sufficient tax levy to pay principal and interest on 2026 General Obligation Refunding Bonds, not to exceed $28,000,000 principalLos Angeles CountyWALNUT VALLEY UNIFIED SCHOOL DISTRICTMay 19, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The Board authorized the County to levy property taxes on behalf of the Walnut Valley Unified School District to repay up to $28 million in 2026 General Obligation Refunding Bonds, directing the Auditor-Controller to place required amounts on the 2026‑27 and subsequent tax rolls. This action facilitates the District’s bond refinancing plan.

Contract Details

Contract Amount

Up to sufficient tax levy to pay principal and interest on 2026 General Obligation Refunding Bonds, not to exceed $28,000,000 principal

Vendor

WALNUT VALLEY UNIFIED SCHOOL DISTRICT

Agency

Los Angeles County, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

Contract Term

Tax years 2026-27 and subsequent until bonds are repaid

Renewal Info

Tax levy authority continues annually until the 2026 General Obligation Refunding Bonds are fully paid.

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