The defeat of Proposition 15, the state’s largest tax initiative, is indicative of California’s strong preference for economic growth and small businesses. If approved, Proposition 15 would have raised taxes for thousands of local small businesses, while increasing the cost of living for everyday consumers. Fortunately, Proposition 15’s decisive defeat is a strong message to …
Continue ReadingWith three new fresh faces, the Los Angeles City Council should get significant progress made on the homelessness crisis within the coming months. In this past election cycle …
Continue ReadingIn response to the COVID-19 pandemic’s drastic impact on local tax revenue, the Culver City’s City Council voted 4-1 voted to play a tax proposal on the November 3 ballot. Voters would follow suit, with Measure RE being narrowly approved at just a margin of 819 votes. BOMA/GLA opposes this measure, as we believe the tax places an unfair onus on property owners …
Continue ReadingLast Wednesday night, the Associated Press officially called the results of Proposition 15. Proposition 15, the largest property tax increase in California history, was defeated last night by a margin of more than 550,000 votes! This ends a challenge to dismantle …
Continue ReadingAccording to the Los Angeles County Tax Assessor, you may be eligible for Misfortune or Calamity Property Tax relief if your property has been damaged by a natural disaster or other unforeseeable, sudden, and unusual occurrences. Filing a claim will temporarily reduce the assessed value of your property – and your property taxes. Granted, these values will remain in effect until …
Continue ReadingThis election is a nail-biter, and with many ballots still being counted, many of the close races, including Proposition 15, are still up in the air. However, some local races are likely to be called, including Nithya Raman and Mark-Ridley Thomas, who both have substantial leads in their races.
Continue ReadingIn the conversation regarding Proposition 15, most people pay attention to how a Split Roll tax regime would raise property taxes and hurt businesses in California. While the economic impacts of Prop. 15 are important to note, more attention needs to be placed on how Split Roll will affect families and important government services. Namely, Proposition 15 will increase basic costs while reducing available revenue for government programs.
Continue ReadingMetro, as part of its Vision Zero plan, is in the process of creating new bus-only lanes in major Los Angeles thoroughfares. Due to severe declines in ridership, these bus lanes seek to attract back those leaving the transit system. Even low-income populations, who have historically depended upon public …
Continue ReadingThis past Wednesday, the Los Angeles City Council moved to adopt a motion that will reform police responses to certain 911 calls. Specifically, the proposal would form an unarmed crisis response team for non-violent …
Continue ReadingLast year, the LA County Board of Supervisors passed OurCounty, a comprehensive regional sustainability plan that sought to orient LA County towards a green future. While some of the projects initially seemed difficult to implement, the County is certainly turning heads. In their annual report, the County Chief Sustainability Office has publicized their …
Continue ReadingOpinions 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.