Local residents will see their tax bills go down after Santa Monica College (SMC) refinanced a portion of its general obligation bonds last month, school officials said Thursday.
The new rates will save $26.8 million in interest costs that will be passed on to property owners in Santa Monica and Malibu through lower tax bills.
https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2021/January-2021/01_21_2021_Local_Tax_Payers_to_See_Lower_Bills.html
