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Revenue

(credit: CBS)

Budget Analyst Projects Even Higher Tax Revenue

The state’s independent budget analyst predicted Friday that California will collect $2.5 billion more than Gov. Jerry Brown forecasts for the coming fiscal year, giving Democrats a reason to push spending.

CBS2 / KCAL9–05/16/2014

PCH santa monica beach traffic

Business Owners Complain Of Sharp Revenue Drop During PCH Construction

Construction work along Pacific Coast Highway in Santa Monica is being blamed by some local businesses for a steep drop in revenue.

05/01/2014

Yasiel Puig #66 of the Los Angeles Dodgers hits a walk off solo home run in the 11th inning against the Cincinnati Reds at Dodger Stadium on July 28, 2013 in Los Angeles, California. The Dodgers won 1-0 in 11 innings. (credit: Stephen Dunn/Getty Images)

Sports Industry Pulled In $4.1B For LA Economy Last Year, Study Shows

Approximately 18.5 million people attended area sports events last year, ranging from major league sports like baseball and basketball, to the L.A. Marathon.

08/01/2013

California Governor Jerry Brown (C) waves to the crowd before delivering the State of the State address as Speaker of the Assembly John Perez (L) and Senate President Pro Tem Darrell Steinberg (R) look on at the California State Capitol.  (credit: Justin Sullivan/Getty Images)

Legislative Leaders Say State Budget Deal Is Near

Gov. Jerry Brown and the Legislature’s Democratic leaders moved close to a state budget deal Monday that is expected to revamp education funding and begin restoring some of the social services cut during the recession.

CBS2 / KCAL9–06/10/2013

(credit: Justin Sullivan/Getty Images)

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.

11/13/2012

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‘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.

10/31/2012

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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.

07/11/2012

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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.

06/25/2012

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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 / KCAL9–11/08/2011

prison

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–11/03/2011

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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–10/27/2011

Philadelphia 76ers v Los Angeles Lakers

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 / KCAL9–10/10/2011

property money real estate home owner

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–08/16/2011

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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–07/12/2011

(credit: David McNew/Getty Images)

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–07/12/2011

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