Arcadia will benefit from the State Municipal Advisory Reform Team : Enhanced Report (SMARTER) plan for restructuring local government finance which will help stop the city's dependence on sales tax.
1. City tax rate set at $1.70 in budget adopted by Council. News clip 9/15/33. 2. New ordinance abolishing penalties on delinquent taxes becomes effective 10/20/33. News clip 10/13/33. 3. Council sets city tax rate at $1.70 for 1933-34. News clip covering meeting of 9/7/33. 4. Supervisor t…
19. Arcadia due to lift utility tax for poor, aged. Los Angeles Times 7/11/74.
20. County tax rate for Arcadia is lowest in area. Arcadia Tribune 10/31/74.
21. Report from finance director, Reiman, on utility user's tax issued 11/14/75.
22. Arcadia tax rates among lowest of cities in the county. Arcadia Tribune 10/28/76.
23. City property tax rate lowered 11.7%. Arcadia City Newsletter -- Fall 1976.
24. Area tax rates fall in mid-range. Arcadia Tribune 12/22/77.
25. Arcadia list of assessed valuations. Arcadia Tribune 8/7/75.
26. Arcadia list of assessed valuations. Arcadia Tribune 8/4/77.
27. Citizens for Tax Reform. Information letter from a Richard A. Holton and Jeffrey A Dring circa 1980.
28. Attachment "A" to contract agreement between the City of Arcadia, the Los Angeles Turf Club, Santa Anita Realty Enterprises, Inc. and the Oak Tree Racing Association -- 1982.
29. Sales and sales tax-City of Arcadia and Los Angeles County (misc.)--City of Arcadia Top 50 Sales Tax Producers for 1997. City of Arcadia: All Business Types Comparison. Arcadia Sales Tax: Third Quarter Receipts for Sales April-June 1997 and July-September 1997. Los Angeles County: Sales Tax Trends for Selected Cities-Third Quarter 1997. City of Arcadia-Representative General Levy Share Estimate 1998-1999. 1993 Retail Store Sales Tax Budget Estimates. City of Arcadia 10-Year Revenue History Sales Tax 1984-1994, including 1993 Arcadia Top 30 Sales Tax Producers.
30. City of Arcadia Sales Tax Update, third quarter receipts for second quarter sales (April-June 2020), includes Sales Tax by Major Business Group and Top 25 Producers.
The city tax on utility bills will be discontinued if you meet the following requirements: 1. Married couple with gross income under $7500. 2. Single persons with gross income under $5000. 3. Anyone who is eligible for Social Security, aged, blind or disabled categories. Fill out the appropriate form and return it to City Hall before October 31 to avoid the tax for 1975. Eligibility must be reestablished year.
For the first time people 62 years old and over and those on disability may get substantial tax relief. They must file between May 16 and August 31 to the Franchise Tax Board office at 3325 Wilshire Blvd. or Senior Citizens Property Tax Assistance- P. O. Box 1588 Sacramento. Proof of age or disability required.
The City of Los Angeles has filed a suit charging that revenue from unincorporated cities is insufficient to cover the costs of services to them. If the suite is successful, it will mean higher taxes for unincorporated areas.
Due to the increased property tax assessments throughout the State, the $1750 exemption will begin to disappear. This will hit lower income home owners hardest.
For the fourth year Arcadia property tax rate has been set at $.94 per $100.00 assessed valuation. This is the lowest it has been since 1914 when it was $.60 The highest rate was $1.98 in 1945.
The City Council will consider lowering the Utility Tax. City Finance Director, Charles Reiman, will give the necessary background in the City's need for revenue.
The City of Los Angeles plans to file a suit against Los Angeles County and welcomes other cities to join in a class action suit to force the County to tax residents of unincorporated areas directly for services provided. This would, in effect, lighten the burden on incorporated cities and residents.
City Manager Lyman Cozad is assuming that there will be a 25% increase in assessed valuation which should make budgeting easier for 1976-77, but will not result in a lower tax rate.
As far as the School District is concerned, the 39.99% reassessment of property due this November for Arcadia won't add much to school funds because when a district's own income goes up, state aid goes down.
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.