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NEWS
By Daniel Siegal, daniel.siegal@latimes.com | February 22, 2012
A recovering economy and the openings of new businesses along Foothill Boulevard were credited this week by officials for a boost of nearly 16% in sales tax revenue to the city during the first half of its fiscal year. “I think broadly more people are comfortable spending money when the economy seems to be getting better on the macro level, and on the micro level, we do have a lot more retail development along Foothill Boulevard,” said Daniel Jordan, the city's director of finance.
NEWS
By Charles Cooper | July 10, 2008
The battle over the future of public transportation in L.A. County will be moving to the ballot in November with a likely vote over a half cent sales tax measure to fund the long-range transit plan. The sales tax measure would raise $700 million in the first year, 2009-10, and is eventually expected to bring in $40 billion over the life of the measure. County Supervisor Mike Antonovich, a member of the Metropolitan Transit Authority board, wants to be sure the proceeds from the tax are fairly distributed across the county before he decides if he will support the measure, an aide told the Valley Sun Monday.
NEWS
By Charles Cooper | August 14, 2008
The Los Angeles County Board of Supervisors remained split this week on the proposal to place a half cent sales tax measure on the November ballot for transportation funding, though the proposed tax hike will go before voters as scheduled. The supervisors initially voted 3-2 not to consolidate the tax proposal on the county ballot, but reconsidered Tuesday, with Supervisor Don Knabe changing his vote. Knabe continues to oppose the sales tax proposal, but said he would change his vote because of the estimated $10 million cost of conducting a separate election.
NEWS
By Tiffany Kelly, tiffany.kelly@latimes.com | March 6, 2013
While other cities in the county operate on a deficit, La Cañada Flintridge remains financially stable. Seven months into the fiscal year that began July 1, the city picked up more than $1 million in sales tax revenue - a 5% increase compared to the same time last year. City officials said last week it's a sign that the retail sector is improving after the recession. “We are actually in a better position for the end of the year because the portion that was up is the tax revenue,” said Finance Director Daniel Jordan, “and that is back-loaded into the second portion of the year.” Overall, this year's budget was slightly higher because of better economic conditions.
NEWS
By Daniel Siegal, daniel.siegal@latimes.com | June 20, 2012
La Cañada Flintridge is in solid financial shape, but the city is planning to toe the line on expenses in next year's proposed General Fund budget of nearly $10.6 million. Both revenues and expenditures are estimated to stay within 1% of the 2011-12 budget year. City Manager Mark Alexander's report describes the plan as a “hold-the-line” approach toward city operations, in part because state finances remain in shambles, with legislators and the governor negotiating over a multibillion-dollar deficit and pegging their hopes on voters approving a $6-billion tax initiative on the November ballot.
NEWS
By Charles Cooper | February 5, 2009
State Sen. Carol Liu of La Cañada Flintridge said this week the Legislature is still waiting for signs of leadership from the man she calls ?Governor Bankrupt? in resolving the budget dilemma facing the state. ?This is the worst I?ve ever seen it,? she said of the budget shortfall facing the state. ?I keep hearing there are solutions on the way, but I haven?t seen anything.? California is facing a deficit estimated at in excess of $40 billion over the next two years, and is out of cash to meet payments due, including tax refunds and payment to social service providers.
NEWS
By Charles Cooper | November 20, 2008
Governor Arnold Schwarzenegger has put another hot button issue on the budget agenda, calling for a reduction in the number of paid holidays for state workers. The state is facing at least an $11 billion deficit in the budget just approved two months ago, and the governor has called the outgoing legislature into lame duck session to try to deal with the crisis. With the special session ending Dec. 1 when the new legislature is seated, the likelihood of action this session is fairly remote.
NEWS
By Charles Cooper | March 25, 2004
California's counties are in negotiation with Gov. Arnold Schwarzenegger to lighten the burden on their budgets of a proposed shift of funds. According to as memo from La Cañada management analyst Ann Wilson, the county plan would reduce their hit from $909 million to $200 million. The California State Association of Counties has yet to make a formal proposal, but the numbers being discussed are a $200 million hit for counties, cities, special districts and redevelopment agencies, plus $16 million from the public library fund.
NEWS
By Charles Cooper | November 6, 2008
Assemblyman Anthony Portantino said this week he did not support the continued use of “quick fix” solutions to meet the state’s ongoing budget crisis. The local legislator, who was reelected Tuesday, said he specifically did not agree with reported plans by Governor Arnold Schwarzenegger to call a special session of the outgoing legislature to try to come up with solutions in the three weeks before the term ends. A lame duck session would include 29 Assembly members and ten state senators who are leaving their posts in December, including Jack Scott.
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NEWS
By Tiffany Kelly, tiffany.kelly@latimes.com | March 27, 2013
Residents of La Cañada Flintridge saw many new developments pop up in the city over the past year, including a Sprouts market and The Habit Burger Grill, outgoing mayor Steve Del Guercio noted during the annual State of the City address to La Cañada Kiwanis Club members Wednesday at Descanso Gardens. Del Guercio, who last week relinquished the gavel as mayor and completed his final term on the City Council, called the revitalization of the downtown area a “success story.” “I look back and remember when we didn't have any landscaping,” he said.
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NEWS
By Sara Cardine | March 27, 2013
After postponing talks for several months, the La Cañada Unified School District Governing Board is ready to again consider the possibility of putting another parcel tax before voters in 2014 and could conduct a survey to gauge public interest as early as May. Board members on Tuesday discussed a timetable for a survey to gauge voter support. A decision on whether to officially move forward with the $20,000 survey is expected to be made at the next regular meeting on April 16. A new parcel tax would help the district avoid the fiscal vacuum that would occur when Measure LC, the $150 parcel tax passed by voters in 2009, expires in June 2014.
NEWS
By Tiffany Kelly, tiffany.kelly@latimes.com | March 6, 2013
While other cities in the county operate on a deficit, La Cañada Flintridge remains financially stable. Seven months into the fiscal year that began July 1, the city picked up more than $1 million in sales tax revenue - a 5% increase compared to the same time last year. City officials said last week it's a sign that the retail sector is improving after the recession. “We are actually in a better position for the end of the year because the portion that was up is the tax revenue,” said Finance Director Daniel Jordan, “and that is back-loaded into the second portion of the year.” Overall, this year's budget was slightly higher because of better economic conditions.
NEWS
By Daniel Siegal, daniel.siegal@latimes.com | June 20, 2012
La Cañada Flintridge is in solid financial shape, but the city is planning to toe the line on expenses in next year's proposed General Fund budget of nearly $10.6 million. Both revenues and expenditures are estimated to stay within 1% of the 2011-12 budget year. City Manager Mark Alexander's report describes the plan as a “hold-the-line” approach toward city operations, in part because state finances remain in shambles, with legislators and the governor negotiating over a multibillion-dollar deficit and pegging their hopes on voters approving a $6-billion tax initiative on the November ballot.
NEWS
By Daniel Siegal, daniel.siegal@latimes.com | February 22, 2012
A recovering economy and the openings of new businesses along Foothill Boulevard were credited this week by officials for a boost of nearly 16% in sales tax revenue to the city during the first half of its fiscal year. “I think broadly more people are comfortable spending money when the economy seems to be getting better on the macro level, and on the micro level, we do have a lot more retail development along Foothill Boulevard,” said Daniel Jordan, the city's director of finance.
NEWS
January 31, 2012
Los Angeles County Supervisor Mike Antonovich criticized Gov. Jerry Brown's tax plan and his recent realignment initiative to release nonviolent inmates from state prisons during an address to the La Cañada Flintridge Republican Club last week. “The governor is coming to you without doing his homework on how to make reductions in the cost of the operations in the state and asking you to pay higher taxes and continue the status quo,” he told about 40 people who turned out for a dinner held at La Cañada Flintridge Country Club.
NEWS
April 2, 2009
Letters to the Editor Sport Chalet hurt by ‘bean counters’ You probably saw the article in the L.A. Times Business Section on Thursday, March 26, about the possible bankruptcy of Sport Chalet. It’s no surprise. Despite Craig Levra’s blaming it on today’s economy, it’s been a long time coming. The demise started in 1992 with MBA “bean counters” taking over Sport Chalet’s direction and philosophy, turning Sport Chalet into nothing more than a “high end” Big 5 with an emphasis on the bottom line rather than customers.
NEWS
By Charles Cooper | February 5, 2009
State Sen. Carol Liu of La Cañada Flintridge said this week the Legislature is still waiting for signs of leadership from the man she calls ?Governor Bankrupt? in resolving the budget dilemma facing the state. ?This is the worst I?ve ever seen it,? she said of the budget shortfall facing the state. ?I keep hearing there are solutions on the way, but I haven?t seen anything.? California is facing a deficit estimated at in excess of $40 billion over the next two years, and is out of cash to meet payments due, including tax refunds and payment to social service providers.
NEWS
By Charles Cooper | November 20, 2008
Governor Arnold Schwarzenegger has put another hot button issue on the budget agenda, calling for a reduction in the number of paid holidays for state workers. The state is facing at least an $11 billion deficit in the budget just approved two months ago, and the governor has called the outgoing legislature into lame duck session to try to deal with the crisis. With the special session ending Dec. 1 when the new legislature is seated, the likelihood of action this session is fairly remote.
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