Standard & Poor’s affirms a rating of “AAA” for Laguna Beach Unified School District’s general obligation bonds, the district said in a statement this week. The rating agency says the classification reflects strong income, wealth indicators and the district’s “basic-aid” status, relying on property tax revenue rather than state financing for the bulk of its […]
Tag: "property tax revenue"
Editor, A small group in Temple Hills would like to build a pathway using the narrow five-foot strips of land that exist adjacent to or bisecting homes in Temple Hills for a pedestrian path for everyday travel and as an emergency exit. The city manager’s report discloses many problems if it attempted to build narrow staircases and concrete pathways […]
Editor, Measure CC says in part “for many years, whenever there has been a reasonable opportunity to acquire undeveloped open space land from willing sellers the City Council has voted to do so. Measure CC will [...] insure this continued pattern for at least the next 20 years.” This will be achieved by establishing a […]
Editor: The Open Space Initiative paints a pretty picture of scenic hillsides and wildlife filled canyons but in reality our money will go to a self serving committee, fire safety, trail maintenance, pay administrative costs to collect and administer the special parcel tax, attorneys, insurance, title and escrow fees, survey, geologist and environment study groups. Even […]
Due to two shortfalls in anticipated revenue, the city’s operating budget deficit will increase to nearly $1 million, pressing the City Council to decide on how to manage the red ink in a mid-year budget review this fall. The revenue shortfall comes from two different sources. In attempts to balance its own budget, state officials […]