A $9 million budget has been proposed for 1975-76. City manager Lyman Cozad feels that no tax increase will be necessary due to the higher valuation of city property.
The April apportionment of the cigarette tax, highway users tax and "in-lieu" motor vehicle license fee has been distributed. Arcadia received $15,988, $34,441 and $76,778 respectively.
The Arcadia City Council ignored a request from the Arcadia Tax Reform Committee to vote again on taxes approved in June, 1978, following passage of Proposition 13.
Arcadia City Council must decide how to pay the Metropolitan Water District taxes for 1979-80. Currently the city pays 50% and the property owners pay 50%.
Arcadia's City Council approved 1979-80 tax rates that are slightly lower than those for the past year. Other action concerned the animal control ordinance, the construction of two classrooms at Barnhart School, and an appeal for funds for Dial-A-Ride.
The Arcadia Tax Reform Committee has officially been formed and will petition the City Council to rescind the new sewer and street-sweeping levies and the increase of the utility tax from 5% to 7%.
The Arcadia Tax Reform Committee will present signed petitions to the City Council re requested repeal of 3 ordinances levying assessments on street sweeping and sewer service, and an increase in the utility users' tax from 5% to 7%.
Arcadia voters overwhelmingly supported their schools in the tax base election held November 8. There was a heavy turnout, with over 80% of those eligible going to the polls.
Arcadia would lose approximately $472,268 yearly if Santa Anita Park race track were to close down and the 324 acre facility were to be developed with low density residential units. Losses would be partially offset by $190,750 in new property taxes and $278,482 miscellaneous taxes. New city services would account for a 6.18% increase in the city budget.
Article gives distribution to cities and counties of state cigarette, "in-lieu" motor vehicle license fees, and highway users tax. Arcadia received $17,778 of the cigarette tax, and $44,798 of the other fees.
Assessed valuation notices were sent July 12 to property owners throughout Los Angeles County. Arcadians were hit with an average increase of 42%. Figures for other San Gabriel Valley communities given.