January 3, 2025 Breaking News, Latest News, and Videos

Santa Monica City Council Supports Half-Cent Tax Increase Ballot Measure:

With just a few weeks remaining before voters hit the polls Nov. 6, Santa Monica council members unanimously extended its support behind Measure J, a ballot entry, if approved, would extend a voter-approved half-cent transportation sales tax through 2069 to speed up construction of highway and transit projects.

“These additional funds would be used sell bonds, which will allow Metro to accelerate construction of transportation projects and improvements,” Council member Pam O’Connor said. “It will also … provide additional 30 years of continued funding for local transportation improvements to cities in Los Angeles County. Those are the kinds of things such as pothole repair, signal synchronization, (and) local roadway and bridge repairs.”

O’Connor added Measure J may help the Westside Subway end in Santa Monica, bringing a second transit system to the City of Santa Monica.

As many as seven rail or rapid transit projects, as well as eight highway projects, would be complete as a result of the 30-year extension of the sales tax, according to Metro.

Between 2039 and 2069, Measure J, if approved, would infuse as much as $90 billion in new sales tax revenue to fund planned transportation projects.

In addition to completion of the second and third phases of the Westside Subway project, other transportation projects that would benefit from Measure J’s passing include the Green Line extension south of Redondo Beach. A tangential line spurring from the Green Line directly into Los Angeles International Airport would also be built.

Additional improvements would be made to the 405 Freeway in the San Fernando Valley as well “highway operational improvements” in the Las Virgenes/Malibu sub region.

Voters approved in 2008 a half-cent tax (Measure R) to help fund “provide local resources to finance new transportation projects and advance those already in the pipeline.” That sales tax is set to expire in 2039.

“The additional funds will be used to sell bonds, which will allow Metro to accelerate construction of transportation improvements,” according to Metro officials.

When Measure R expires in 2039, an estimated $9.9 billion would be generated from new tax revenue.

A Los Angeles County Economic Development Corporation (LAEDC) study four years ago estimated the tax in its current format costs citizens about $25 year. The sales tax extension, according to Metro, would keep the annual tax costs for residents “will remain the same, adjusted for inflation.”

“Tourists and businesses also contribute money through the sales tax. The measure also allows transit and highway funding priorities to be shifted between projects within subregions of Los Angeles County, if approved by a two-thirds vote of the Metro Board,” according to Metro officials. 

The LAEDC study predicted an acceleration of projects courtesy of Measure J would “advance the creation of 250,000 new local jobs,” including “direct, indirect and induced workers.”

“By starting construction on seven rail and rapid transit projects, and up to eight highway projects within the next five years, instead of the twenty years currently planned, this job creation will be accelerated,” according to the study. 

According to Metro officials, some projects are not fully funded and other projects may not be completed by 2039.

The additional funding would also extend to Metro Bus operations, Metro’s administrative costs, and for “local jurisdictions to complete their own transportation projects,” officials stated.

in News
<>Related Posts

French-Inspired Palisades Restaurant to Close After Six Years

January 2, 2025

January 2, 2025

The Menu Featured Dishes That Ranged From French Onion Soup to Locally Inspired Creations Like Radiatore With Lamb Bolognese The...

Suspect in Downtown Target Shooting Apprehended After Hourslong Standoff

January 2, 2025

January 2, 2025

The Arrest Came Less Than 24 Hours After a Shooting at the figat7th Shopping Mall That Left Two Target Employees...

Jennifer Smith Re-Elected as SMMUSD Board President, Laurie Lieberman Named Vice President

January 2, 2025

January 2, 2025

The Board Also Extended a Thank-You to Outgoing Vice President Jon Kean for His Service At its annual organizational meeting,...

Brentwood Beat: Maria’s Italian Kitchen to Move from Brentwood After 52 Years

January 1, 2025

January 1, 2025

I’m ill.   Maria’s Italian Kitchen is leaving Brentwood Village and will be gone by the end of 2024. Like many...

Chef Nobu Debuts Luxurious Gold Standard Roll for Golden Globes® Celebration

January 1, 2025

January 1, 2025

Indulge in a Limited-Time King Crab Roll Adorned With Gold Flakes and Caviar In honor of Chef Nobu Matsuhisa’s return...

110 Years Ago, Charlie Chaplin Debuted The Iconic “Tramp” Character From Venice Beach

December 30, 2024

December 30, 2024

The 1914 short Kid Auto Races at Venice introduced the iconic character that would become synonymous with silent film, sparking an international...

Gov. Newsom Touts New 2025 Laws to Strengthen Civil Rights and Inclusivity

December 30, 2024

December 30, 2024

The Laws Cover Various Aspects of Society, From Education to Property California Governor Gavin Newsom, in a recent news release,...

LAPD Seeks Additional Victims in West Los Angeles Sexual Assault Case

December 30, 2024

December 30, 2024

Hajhosseini Reportedly Pressured One Victim Into Consuming Alcohol, After Which She Lost Consciousness and Was Assaulted Detectives with the Los...

Santa Monica Gets Temporary Community Development Director

December 30, 2024

December 30, 2024

Yeo Has Been With the City of Santa Monica Since 2006, Starting as a Senior Planner and Eventually Leading the...

$75M Malibu Estate Hits Market on Coveted “Billionaire’s Beach”

December 29, 2024

December 29, 2024

The Home Offers Sweeping Views of the Queen’s Necklace, Palos Verdes, and Catalina Island A sprawling estate on Malibu’s exclusive...

UCLA Police Investigate Off-Campus Assault as Hate Crime

December 29, 2024

December 29, 2024

The Suspects Are Described as Four White or Middle Eastern Males in Their Early 20s The UCLA Police Department is...

(Video) At Vistamar School – Discover the way high school should be

December 29, 2024

December 29, 2024

Students achieve remarkable outcomes with our strong academics, small classes, andpersonalized approach. Our graduates don’t just attend college—they excel. Vistamar’sunique...

HUD Report Reveals Record 18% Surge in U.S. Homelessness in 2024

December 29, 2024

December 29, 2024

Despite the Rise, Veteran Homelessness Hits Record Low The U.S. Department of Housing and Urban Development (HUD) released its 2024...

Film Review: The Brutalist

December 29, 2024

December 29, 2024

By Dolores Quintana Filled with grandeur as stark as the Brutalist architecture designed by László Tóth, The Brutalist is epic...

Santa Monica Man Arrested in Fatal Hit-and-Run of Vietnam Veteran

December 28, 2024

December 28, 2024

Suspect Faces Murder and Felony Charges; Police Recover Evidence Rod Sharif, a Santa Monica man, was arrested on December 27,...