Business News, Featured News
FRESNO, Calif. – The Fresno City Council began the new year with significant changes as councilmembers for Districts 2, 4, and 6 were sworn in on Thursday, January 9. Mike Karbassi and Tyler Maxwell will continue to represent Districts 2 and 4, while Nick Richardson takes on the role for District 6, succeeding Garry Bredefeld, who recently transitioned to the Fresno County Board of Supervisors.
FRESNO, Calif. – On December 20, 2024, the Fresno County Board of Supervisors approved a long-awaited tax sharing agreement with the City of Fresno, closing a four-year gap without a formal partnership. The vote passed 4-1, with Supervisor Nathan Magsig dissenting. This decision follows the City of Fresno’s 6-1 approval of the same agreement on December 13.
FRESNO, Calif. — The Fresno City Council voted 6-1, with Councilmember Arias opposing, during a special meeting on Friday, December 13, to approve an updated property tax revenue-sharing agreement. The agreement increases the city’s share from 38% to 40%, with a larger increase in the Southeast region from 38% to 51%. The new agreement, which replaces the expired Memorandum of Understanding (MOU) from 2020, aims to stabilize future growth after four years of stalled negotiations.
