Monday, April 5, 2010

Yolo County joins program


Yolo County officials are the latest to join an innovative program that enables homeowners and businesses to finance energy-efficiency upgrades through their property tax.
The program, CaliforniaFIRST, was developed to help property owners pay for new windows, energy-efficient heating and air conditioning systems and other upgrades that cut power usage and bills.
Yolo County, as the collection agency for property assessments, makes it possible for all four cities within the county to participate. The upgrades are financed through an additional line item on property taxes.
Fresno and Kern counties are among pilot counties for CaliforniaFIRST, which should become effective in June. "What's unique about this program is that the assessment obligation transfers with the sale of the property," said Yolo County Board of Supervisors Chairwoman Helen M. Thomson.
Photo from Yolo Community Foundation

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