LA WATCHDOG - Carmel Partners, a multibillion dollar San Francisco based private equity firm specializing in multifamily real estate, has proposed to develop a 28 story residential tower with 290 units at 1050 South La Cienega Boulevard, just south of Olympic Boulevard.
LA Watchdog
Hydee Feldstein Soto for City Attorney and Olympic Watchdog
LA WATCHDOG - In six years, the City of Los Angeles will be hosting the 2028 Summer Olympics.
LA’s Assessed Value Increased 7% to a Record $774 Billion
LA WATCHDOG - Los Angeles County Assessor Jeff Prang certified that the City’s Assessed Valuation as of January 1 of its more than 793,000 real estate parcels increased by $50.7 billion (7%) to a record $774 billion.
Is the Municipal Bank of Los Angeles Feasible?
LA WATCHDOG - On November 6, 2018, 56% of the City’s voters rejected Charter Amendment B that would have allowed the City to establish a municipal bank.
Pensions: Time to Face Reality
LA WATCHDOG - Councilman Paul Krekorian, the head of the Budget and Finance Committee, did not have a good week.
Incentive Payments to Venice & Hope Hotel Development Not in City’s Best Interests
LA WATCHDOG - Jade Enterprises is requesting incentive payments over the next 25 years of $63 million in connection with its development of a three star, 300 room hotel that will be located within a half mile of the Los Angeles Convention Center.
Just Say No to Recreation & Parks Parcel Tax
LA WATCHDOG - In a rush to the ballot that did not include adequate planning, the ethically challenged Los Angeles City Council has placed the Parks and Recreational Facilities Parcel Tax on the November ballot.
Former LA Politician Huizar's Corruption Scandal: One Down, Two to Go
LA WATCHDOG - Real estate developer Dae Young Lee (aka David Lee) was found guilty on June 27 by a jury of three federal criminal charges for his role in providing $500,000 in cash to then City Councilman Jose Huizar in exchange for his help in resolving an appeal by a group of construction trade unions of the permit for Lee’s 20 story residential development at 940 Hill Street in downtown Los Angeles.
Who's Going to Pay for LA's Multibillion Dollar Capital Program?
LA WATCHDOG - In November, the City issued its Five Year Capital and Technology Improvement Program that outlined over 650 infrastructure projects with a project cost of $9.2 billion.
The Nury Martinez City Council Condones Corruption
LA WATCHDOG - The FBI raided the offices and home of Councilman Jose Huizar over 3½ years ago, but nothing has been done to curb the corruption associated with the City’s land use policies.
DWP’s Proposed Ballot Measures Tabled
LA WATCHDOG - Over the past year, the Department of Water and Power has considered asking the City Council to place three measures on the November 8thballot.
LA’s Rainy Day Funds Are in Good Shape, for Now
LA WATCHDOG - The City’s $11.76 Adopted Budget for the upcoming fiscal year (2022-23) is an improvement over the Mayor’s Proposed Budget because it has reduced its reliance on the City’s Reserve Fund.
Should DWP Ratepayers Finance the Senator Bill Greene Memorial Park?
LA WATCHDOG - On March 26, Cynthia McClain-Hill, the President of the DWP Board of Commissioners, and Councilman Curren Price led the groundbreaking for the Senator Bill Greene Memorial Park at the corner of Figueroa and Slauson
Lack of Transparency Regarding LA’s Pension Plans. Angelenos Deserve Answers
LA WATCHDOG - The City has three pension plans: the Los Angeles City Employees’ Retirement System that covers the City’s civilian employees, the Los Angeles Fire and Police Pension Plans, and the Water and Power Employees’ Retirement Plan.
City Hall Raiding Reserve Fund to Balance the Record Revenue Budget
LA WATCHDOG - Our Elected Elite are doing a conga line around City Hall, celebrating the approval of next year’s “balanced” budget (2022-23).
LA Watchdog Voters Guide
LA WATCHDOG - The LA Watchdog’s Voters Guide for the June 7th primary focuses on the local elections: the City, the County, and the Los Angeles Unified School District.
Ron Galperin: My Pick For State Controller
LA WATCHDOG - Ron Galperin has earned our vote for State Controller because he has done an excellent job as the Controller for the City of Los Angeles.
David Vahedi, My Pick for LA City Controller
LA WATCHDOG - “The City Controller is the taxpayers' watchdog and the City's chief auditor and accountant.
Brownout Alert: How Does CA Save Its Trees in a Drought Crisis?
LA WATCHDOG - The continuing drought has forced the Metropolitan Water District, the major source of water for the City of Los Angeles, to significantly reduce its allocation of water to the Los Angeles Department of Water and Power.
Open Season on Angelenos?
LA WATCHDOG - The City’s General Fund revenues for the upcoming fiscal year are expected to be $7.4 billion, an increase of almost 9% over this year’s adopted budget.
Hydee for City Attorney
LA WATCHDOG - When Hydee Feldstein Soto told her friends that she was running to be our next City Attorney, they thought that she had lost her mind.