Oversight Board to the Monterey Park Successor

ABX1 26 requires that each Successor Agency must have an Oversight Board that consists of seven members. The board must elect one of its members as the chairperson.

Local Management & Oversight
In most cases, the city or county that created the agency is managing its dissolution as its successor agency. An oversight board, with representatives from the affected local taxing agencies, K - 14 districts, the county, the city, and special districts, supervises the successor agency’s work. 

Responsibilities
  • We describe the work of the successor agency and oversight board.
  • All financial transactions associated with 2012 - 2013 Budget 12 Legislative Analyst’s Office.
  • Redevelopment dissolution are handled by the successor agency and the county auditor - controller.