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.
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Don’t miss out on the ultimate guide to fire life safety compliance tailored specifically for property managers of commercial buildings!
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Mayor Karen Bass recently delivered her second State of the City speech, in which she discussed the budget shortfall and increasing crime rates.
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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.
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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.
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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.
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The LA City Council is considering a charter amendment that will change how police discipline and oversight are applied. These changes could possibly improve community trust and department morale, which in turn could lead to a safer LA that can benefit businesses. However, any effort at reform must avoid worsening the morale issue currently impacting the department.
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The Burbank City Council adopted a new five-year economic strategic plan.
The number one goal is to streamline permitting. If properly implemented, the members’ business experience with the city will improve.
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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.