The Governor’s revised budget proposal aims to close the $27.6 billion budget shortfall for the current fiscal year and the projected $28.4 billion deficit for the next year.
Continue Reading
The City of Los Angeles is developing a new program focused on decarbonizing existing 20,000 Sq. Ft. residential and commercial buildings. This program will be developed by LA’s Department of Building & Safety in alignment with the city’s Green New Deal and stems from an existing building decarbonization ordinance previously passed.
Continue Reading
BOMA Cal is actively engaging in advocacy efforts in Sacramento, focusing on pivotal bills that could influence the commercial real estate sector. Read more about the priority bills here.
Continue Reading
Don’t miss out on the ultimate guide to fire life safety compliance tailored specifically for property managers of commercial buildings!
Continue Reading
Mayor Karen Bass recently delivered her second State of the City speech, in which she discussed the budget shortfall and increasing crime rates.
Continue Reading
At the Glendale City Council’s first budget study session, the city council was presented with ideas for new taxes, including a transfer and parcel tax.
The other proposed taxes included a business license tax and a marijuana tax proposal.
The California Supreme Court has now set a hearing date of May 8th for oral arguments for and against the measure’s removal from the ballot.
It would be unprecedented for the court to remove TPA from the ballot, and we hope the court dismisses the request for its removal from the ballot. The state is arguing that the changes this ballot measure brings are too significant for just the voters to decide on.
Continue Reading
Newcastle Courtyards has just requested that the US Court of Appeals for the Ninth Circuit review and reverse the federal judge’s decision to dismiss this case. The reality is the ULA has been a tax impacting more than just “mansions” and is not meeting the promise sold to voters.
Continue Reading
At their April 9th meeting, the LA Board of Supervisors directed the agencies responsible for property tax assessments to find ways to streamline the process.
Current backlogs result in delayed refunds and corrected tax assessments for our members.
Understanding all the various energy efficiency requirements and incentives can be overwhelming. However, the Los Angeles Department of Water and Power’s Business Offerings for Sustainable Solutions (BOSS) program can support business growth, especially as regulations become stricter. This rebate enables a business to potentially recoup their entire investment.
Continue Reading
Opinions expressed in this article are those of the author and do not necessarily represent the positions of BOMA Greater Los Angeles. For media inquiries and questions about BOMA/GLA's policy positions, please email [email protected]. You can also find additional information about our policy positions on our website.