Treasurer’s Discoveries Yield Refunds to Residents

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Editor,

The Laguna Beach city treasurer should not only look after the city’s investments, she should also look after the interests of the city’s residents.

As our treasurer, Laura Parisi has done both. In addition to presiding over years of positive financial growth, she has proven to be a conscientious watchdog on behalf of the taxpayers of Laguna Beach.

For example, I am a resident of the Sycamore Hills assessment district more commonly known as The Terraces and California Cove. In the course of her duties, Laura discovered that residents of the Sycamore Hills assessment district had been overcharged for bond repayments by the city. She worked with the city’s bond counsel to calculate a refund that was sent to homeowners. I received that check along with my neighbors two days before Christmas. The additional bonus was a reduced tax assessment going forward. If she had not found the over collection, the city would not have refunded us and we would have continued to pay the higher assessment.

In another instance, Laura’s careful review of a construction fund surplus resulted in a $300,000 increased refund to residents of Arch Beach Heights.

Laura Parisi goes above and beyond to watch out for the people of Laguna Beach. I strongly support Laura’s re-election as treasurer so she can continue her good work on our behalf.

 

Nancy M. Miller, Laguna Beach

 

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