Revenue « CBS Los Angeles

LA City Council Votes To Put Sales Tax Hike To Voters

The Los Angeles City Council on Tuesday tentatively voted to place a proposed sales tax increase before voters next year.

2012/11/13

‘More Cuts’ Or Tax Hike? LA City Council Mulls Options

The Los Angeles City Council will consider several tax measures Wednesday, including a motion to ask voters to raise the city’s sales tax by one-half percent.

2012/10/31

Mayor: ‘Perfect Storm’ Led To San Bernardino Bankruptcy

The mayor of San Bernardino on Wednesday blamed the city’s bankruptcy filing on an economic “perfect storm” as officials warned of widespread budget cuts.

2012/07/11

OC City Faces Bankruptcy, Unincorporation As Revenues Plunge

The city manager of Stanton says drastic reductions to public services are coming in the face of an annual deficit of over $2.8 million.

2012/06/25

Villaraigosa Wants To Drop Taxes To Lure Car Dealers Back To LA

Mayor Antonio Villaraigosa wants to lure new car dealers to Los Angeles by eliminating city business taxes for auto dealers.

CBS2 / KCAL9–2011/11/08

Charge Inmates To Stay In Jail? Riverside County Eyes $5M Revenue Boost

If you do the time in Riverside County, you better have the dime to pay for it.

KNX 1070 NEWSRADIO–2011/11/03

Red Light Green: LA Extends Collections On Photo-Enforced Traffic Tickets

The cash-strapped city will continue paying an Arizona contractor to maintain the ticket database for up to six months.

KNX 1070 NEWSRADIO–2011/10/27

NBA Players To Meet In LA In Last-Ditch Effort To End Lockout

National Basketball Association players plan to meet late Monday in a last-ditch effort to end the league lockout.

CBS2 / KCAL9–2011/10/10

Villaraigosa Leads Push To Lift Prop. 13 Cap On LA Property Taxes

Mayor Villaraigosa has recently suggested that the time has come for the idea of a split property tax roll as well as rethinking how to fund at education at all levels.

KNX 1070 NEWSRADIO–2011/08/16

Ex-Lawmaker: Amazon Sales Tax Would Cost California $150M

While many lawmakers expect an estimated $200 million windfall from firms that maintain a “physical presence” in California, former State Senator George Runner is not one of them.

KNX 1070 NEWSRADIO–2011/07/12

Crude Prices Force Whittier To Rethink Opposition To Oil Drilling

Residents are bitterly divided over the city’s plans to drill for oil on land that had initially been purchased as a nature preserve to drive away potential drillers.

KNX 1070 NEWSRADIO–2011/07/12

Tourists Still Flocking To California Despite Budget Woes

Even with soaring unemployment and a massive budget deficit, the state of California
continues to have a thriving tourism industry.

KNX 1070 NEWSRADIO–2011/06/21

Airliners Ask Feds To Delay Deadline For Baggage Fee Updates

The nation’s biggest airlines want to put off having to be more transparent with customers about baggage and “bumping” policies for at least another couple of months.

2011/06/14

Blue Shield Plans To Cap Earnings Amid Sharp Criticism

Blue Shield of California came under sharp criticism last month when it revealed that its CEO, Bruce Bodaken, earns four times that of an average non-profit California insurer.

2011/06/07

Audit: LA Mayor, Council Members Used ‘Gold Card’ To Erase Parking Tickets

In addition to squandered revenue, the audit also found the mayor, council members and their staff could lobby to get tickets reduced or dismissed for people who complained.

KNX 1070 NEWSRADIO–2011/05/19