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March 30, 1997
The story "424 Fail Drug Exams in Mexican Law Enforcement" (March 19) makes me wonder how many in the U.S. Congress could pass. Can anyone believe that laundered drug money doesn't swell the campaign coffers of those who oppose consideration of any change in drug laws? MERRILL SMITH Claremont
March 3, 2014 | By Catherine Saillant, Maloy Moore and Doug Smith
Approaching retirement, Ventura County Chief Executive Marty Robinson was earning $228,000 a year. To boost her pension, which would be based on her final salary, Robinson cashed out nearly $34,000 in unused vacation pay, an $11,000 bonus for having earned a graduate degree and more than $24,000 in extra pension benefits the county owed her. By the time she walked out the door last year, her pension was calculated at $272,000 a...
September 27, 1987
After raising their salaries and allowances, our Sacramento wizards labored hard, long and argumentatively over where to dispose of a surplus of $1.1 billion. Their solution will find a fourth of it in the coffers of the federal government come April. Amazing! Couldn't they have simply reduced the 1988 tax rate? BOB SUNDE Nipomo
January 21, 2014 | By Paresh Dave
High prices and worries about poor sightlines have discouraged some Kings and Ducks fans, but anticipated anomalies, such as eating Dodger Dogs at a hockey game, have inspired more than 47,000 people to buy tickets to Saturday's first-ever hockey game at Dodger Stadium. The game, one of four upcoming outdoor hockey games, is expected to spotlight hockey and the upcoming Winter Olympics at a time when the nation's attention is still on football. "A Kings-Ducks game in the middle of the season, the ratings in L.A. will be tremendous," said Kings President Luc Robitaille.
August 25, 2006
Re "Another Setback for Seller of O.C.'s Public TV Station," Aug. 19 Memo to Daystar Television Network: The vast majority of Orange and L.A. county residents want KOCE to continue as a public television station. We do not want your programming on Channel 50. Kindly drop your meddling, which is serving only to drain precious resources from the coffers of the KOCE-TV Foundation that would otherwise be invested in facilities and programming to provide education and entertainment, as opposed to your intended use of these airwaves for proselytizing.
August 18, 2009 | Times Wire Reports
A magistrate acquitted former Zambian President Frederick Chiluba of corruption charges after a six-year trial. The ruling left his supporters overjoyed but frustrated clean-government campaigners in Africa. Chiluba, 63, was accused of diverting nearly $500,000 in state money into accounts to pay for an extravagant lifestyle when he served as the southern African nation's first democratically elected leader from 1991 to 2001. The judge ruled that the funds could not be traced to government coffers.
April 30, 2001
It's clear to me that Assemblywoman Carole Migden's AB 81 and your April 24 editorial don't face up to the main point about sales tax in the 21st century. California sales tax is hurting California businesses more and more with each passing day. Why order anything in-state when you can get free or cheap overnight shipping from out of state and save on sales tax? Our state and others are going to have to lower the sales tax rate considerably and soon. Weaning the state's coffers off sales tax money would help our local businesses.
Los Angeles County's real estate market continues to climb out of the depths of the recession of the early 1990s, but the region's more affluent neighborhoods have made markedly greater gains than other areas, according to property tax data to be released today. Overall, the county's real estate assessments increased by $30 billion, or 6%, last year, a boost that shuts the door on years of decline in property values that led to government crises and financial hardship for homeowners.
So you want to bring the streets of San Diego into the privacy of your own home? Imagine a flashing traffic light to lead you to your kitchen. Or a parking meter to time your teen-agers' phone conversations. And, hey, wouldn't a fire hydrant for Fido simplify everyone's lives just a little? Well, if it sounds outrageous, it's exactly what tourists and native San Diegans alike will find at the new San Diego City Store opening today in Horton Plaza.
February 17, 1989 | Clipboard researched by Dallas Jamison / Los Angeles Times Graphics by Doris Shields / Los Angeles Times
Less than two weeks into the new year, the State Board of Equalization distributed to local governments their latest share of sales and use tax revenues. A total of $286,525,166 was apportioned, of which 6.6% went to Orange County. Here's how much each city received, followed by a comparison of Orange to the contiguous four counties: Total *Per capita % of All City Allocations Allocation Cities' Income Anaheim $2,397,400 $9.64 14 Santa Ana 2,111,700 8.90 12 Costa Mesa 1,787,300 19.
May 10, 2013 | By Seema Mehta and Maeve Reston, Los Angeles Times
Los Angeles mayoral candidate Wendy Greuel, after spending heavily on a TV advertising blitz that coincided with the start of early voting, entered the final stretch of the runoff campaign with roughly one-tenth the war chest of rival Eric Garcetti, according to new campaign finance reports. Greuel, the city's controller, also lagged behind Garcetti in fundraising. She reported raising nearly $937,000 in the four weeks ending Saturday and loaning her campaign $100,000, pushing her just past the $1-million mark in documents her campaign filed with the City Ethics Commission late Thursday.
May 2, 2013 | By Chris Megerian, Los Angeles Times
SACRAMENTO - California has been flooded with revenue this tax season and is on track to finish the fiscal year with a surplus of billions of dollars, according to officials. State coffers contain about $4.5 billion more than expected in personal income tax payments. Nearly $2.8 billion of it arrived April 17, the third-highest single-day collection in California history, according to government figures. Business taxes have also rebounded and are likely to be $200 million ahead of projections.
October 19, 2012 | By Melanie Mason and Joseph Tanfani
WASHINGTON - A strong fundraising push and a light presence on the airwaves enabled Restore Our Future, the “super PAC” backing Mitt Romney, to end September with replenished coffers, setting the stage for its October spending blitz. The group pulled in $14.8 million and spent just $4.1 million on ads, ending the month with $16.6 million in the bank, according to filings submitted Friday to the Federal Election Committee. That's a much healthier cash outlook than Restore Our Future's previous month; in August, the group spent three times as much as it took in and ended the month with just $6.3 million on hand.
June 29, 2012 | By E. Scott Reckard
Independent mortgage bankers and the home-loan arms of major banks are making the highest profit in years on loans they make and then sell, thanks to rock-bottom interest rates. The record-low rates have been a recent boon to borrowers, who have enjoyed 30-year fixed-rate loans starting with a "3" for the first time. But the rates could be still lower if lenders cut their profit margins, according to data released Friday by the Mortgage Bankers Assn. Instead, bankers have been making extra money by keeping the rates higher than necessary, which makes them more profitable when they are sold to Fannie Mae, Freddie Mac or other buyers in the secondary markets, the Mortgage Bankers Assn.
May 30, 2012
Venice Beach features a boardwalk, a skate park and basketball courts along its wide, sandy shore. And if Los Angeles City Councilman Bill Rosendahl has his way, it will get another attraction by the Fourth of July - a zip line, offering a 720-foot-long, barely one-minute joy ride above it all. A 44-foot launch tower planted near the skate plaza would zip riders over grass and pedestrians to a landing pad near the basketball courts. City officials hope that as many as 400 riders daily will pay $20 to take a ride.
January 15, 2012 | By Anthony York, Los Angeles Times
The future of California's public schools, universities and health programs could be linked partly to the fictional town of FarmVille. The popular virtual world is the creation of Zynga, a San Francisco online game company that raised $1 billion in an initial public stock offering last year. Because California receives much of its income from capital gains taxes, such moves by businesses like Zynga can mean hundreds of millions of dollars for state coffers. More California technology companies are poised to go public this year - including a widely expected $10-billion offering from Facebook - than at any time since the dot-com boom, experts say. Their success could relieve state officials of the need to cut state services more deeply in the budget year that begins in July, but Gov. Jerry Brown and his fellow Democrats are already squaring off over whether to count on the fruits of those transactions.
Somehow, somewhere along the line, connections had been frayed and confidence lost. Conceived in the ashes of Watts, this was supposed to be a municipal administration built to absorb ethnic shocks. In a city of so many colors, of so much wealth and poverty, it was expected to keep the peace. But on a single evening in late April, the flames that lighted the Los Angeles sky revealed that despite its multiracial hues, Mayor Tom Bradley's model City Hall was powerless to keep the lid on.
Dennis Mongrain swings his surfboard around in the water, points himself toward shore and starts paddling. As the wave lifts his board, he jumps to his feet and begins to skirt across its smooth, arching surface. His face brightens with a broad smile. It's a moment of joy and peace, something akin to a religious experience for Mongrain, who should know about such things because he is a Roman Catholic priest. "I really look forward to getting out there," Mongrain said at the rectory of St.
December 15, 2011 | By Lauren Beale, Los Angeles Times
Tori Spelling and Dean McDermott have sold their Encino home for $2.5 million. The six-bedroom, 61/2 -bathroom Tuscan-style villa, built in 2001, sits behind gates on a tree-lined street. The 6,718-square-foot home features a two-story entry, a silver-leafed coffered ceiling in the dining room, an office, a den and a master bedroom suite with a sitting area, a fireplace and a balcony. The kitchen opens to a family room. French doors from the public rooms lead to landscaped grounds with a saline pool and spa. The house was featured in their reality show, "Tori & Dean: Home Sweet Hollywood" (2007-11)
October 15, 2011 | By David Wharton and Baxter Holmes
The clock is ticking, less than a year until the Pacific 12 Conference starts collecting on its historic $3-billion television contract. The largest broadcast deal ever negotiated by a college league, it will pour hundreds of millions into the member schools annually. And it cannot come a moment too soon. A sluggish economy has left athletic departments across the Pac-12 scrambling to cover costs, and some barely afloat, according to records acquired by The Times. Cash-strapped programs at California, Arizona State and Oregon State needed "allocated revenues" to balance their budgets last year.
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