Letters to the Editor 4-4-24
Book money Dear ER: Manhattan Beach is one of few cities that doesn’t have its own city library. We have an LA County Library (“County”), owned and operated by the County. The City has an MOU (Memorandum of Understanding) with the County for the operation, maintenance and payment of the debt service for the building of the County Library in Manhattan Beach. Manhattan Beach property owners pay taxes that the County assesses for the library. Pursuant to that MOU, the County can also charge us a small amount for additional “set aside funds” for unforeseen costs. Here’s the problem. For years, the County has “over assessed” Manhattan Beach property owners a whopping $1.4 million or more annually. The result is the “set aside funds” now exceed $11 million with that amount continuing to grow annually. Here are some fiscally prudent actions our City Council can, and should, take. The City can request a reassessment of actual operating costs and debt service. The County’s annual charges would be reduced by over $1.5 to Manhattan Beach residents. The City can also apply that $11 million excess in “set aside funds” to debt service payments for the building of the library, resulting in…
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