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Fiscal Year

$1 Billion Tax Revenue Loss Expected In L.A. County Due To Coronavirus

Coronavirus Money

Los Angeles County Board of supervisors are predicting a $1 billion decline in sales tax revenues this fiscal year and are expecting to lose even more by next year due to the coronavirus, officials said Friday. Los Angeles County’s economic outlook has taken a hard hit from the COVID-19 crisis, with officials forecasting a $1 billion decline in sales tax ...

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SCV Water’s Fiscal Year Budget Recognized Locally, Nationally

SCV Water’s budget for the fiscal year 2018/2019 was recently recognized both locally and nationally with two “prestigious” awards, officials said. The California Society of Municipal Finance Officers (CSMFO) and the Government Finance Officers Association (GFOA) have commended SCV Water’s fiscal year budget for meeting the highest principles of governmental budgeting, according to officials. “My congratulations to our staff in ...

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Hart District Does Not Support Local Control Funding Formula

Gov. Jerry Brown’s Local Control Funding Formula has led to heated debate and a strong stance against the change from the William S. Hart Union High School District. The proposal would allocate money on a per pupil basis with supplemental funding based on the number of students that are not English language proficient, are from low-income families, or are in ...

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