For Immediate Release
Contact: Arman Tarzi, Director of Government & Public Affairs
(951) 685-7434
Jurupa Valley, CA (December 4, 2025)—Jurupa Community Services District announces it has successfully sold the 2025 Special Tax refunding bonds with a par amount of $36 million in bonds, resulting in annual tax savings of up to $288 per parcel for 3,617 customers.
The refinancing applies to outstanding bonds issued for ten Community Facilities Districts (CFDs): CFDs 3, 5, 6, 10, 14, 18, 19, 22, 24, 29, and 39. Under the California Mello-Roos Community Facilities Act of 1982, CFDs support local communities by funding special taxes allocated for critical infrastructure and service improvements.
“It brings the District great pleasure to find ways to reduce taxes to our customers—just one way we bring great value to our region,” said JCSD Board President Betty Folsom. “These savings come at no cost to JCSD or its ratepayers, yet result in reduced property taxes for more than 3,600 families.”
JCSD’s financial reputation remains healthy and dependable. In a separate action, S&P Global Ratings recently upgraded the Jurupa Public Financing Authority’s 2020 Series A Special Tax Revenue Refunding Bonds to AA- from A-, citing stronger diversification and a robust financial profile. JCSD remains committed to upholding fiscal responsibility and fostering a thriving community.
Customers within these CFDs will receive information via mail in the coming weeks. For questions regarding the tax reductions, please contact JCSD at (951) 685-7434, extension 219.
