July 11, 2001
Karen S. Kim BURBANK -- Sales-tax reports in Burbank show that around here, people sure do like to eat. Last year, revenue from Burbank's sales tax -- which is the largest source of the city's general fund revenue -- increased 7.2% from 1999's totals. "We feel very good about it," City Manager Bud Ovrom said. "It means that we have a very strong local economy, and we know it's going to get better because you have the whole Empire Center coming online."
October 24, 2001
Karen S. Kim BURBANK -- When it comes to local sales-tax revenue improvement, Burbank leads the pack. Burbank's second quarter receipts for sales from April through June 2001 soared 8.2% above its second-quarter receipts for 2000. "We knew we'd have a good quarter, but I think it was better than we expected," Burbank City Manager Bud Ovrom said. "I think the key to us is that we just have a very strong diversified economy. Because of that, we tend to weather whatever fluctuations we may face."
July 1, 2009
BURBANK — Los Angeles County shoppers will pay an extra half-cent on their purchases starting today, when the sales tax will jump to nearly 10% as part of an effort to fund regional public transportation developments, including new carpool lanes on a local stretch of the Golden State (5) Freeway. The Measure R sales tax, approved by more than two-thirds of voters in November, is expected to generate $40 billion over 30 years for a series of Metropolitan Transportation Authority rail, bus, highway and road projects throughout the county, but will also add a burden on citizens and businesses during the recession, officials said.
May 29, 2002
Karen S. Kim BURBANK -- For years, it's been apparent that people who come to Burbank, sure do like to eat. That is, except for last year, according to a city report. And city officials are pointing to Sept. 11 as cause for the drop in restaurant sales tax revenue in 2001. "There definitely was an impact with that tragedy, especially with higher-end restaurants," said Susan Bowers, executive director of the Burbank Chamber of Commerce. "But I'm very optimistic about it. Things are already getting back to normal."
February 28, 2004
Josh Kleinbaum Worried that the state is trying to dip into one of its last remaining untouched revenue sources, Burbank has joined forces with more than 30 other cities to sue the state of California for backing bonds with funds earmarked for local governments. "The state has periodically taken city money, and we don't feel it's their right to take [it]," City Atty. Dennis Barlow said Thursday. "We don't think it's the city taxpayers' responsibility to balance the state budget with city taxes."
November 24, 2009
CITY HALL — Despite predictions of another anemic holiday shopping season, city officials are hoping to pump up local spending with an ad campaign of their own. Organizers of Shop Burbank, a city-sponsored program of about 100 merchants, mailed holiday greeting cards to each household directing shoppers to www.shopburbank.org , a compilation of discounts on everything from restaurants to big-box chains, they said. Redevelopment dollars are also being poured into widespread advertisements and mailers to major employment hubs, said Robin Faulk, a program coordinator.
July 9, 2003
Jackson Bell The war in Iraq, an epidemic scare and the state budget crisis had little effect on the local economy during the first quarter of 2003, according to the city's economic profile. The report, a quarterly analysis of Burbank's economic health prepared by the Community Development Department, examined a variety of indicators, including unemployment rates, travel, real estate sales, and parking, occupancy and sales tax revenues. "Based on the figures, Burbank does seem to be faring pretty well compared to other cities," said Ross Young, an administrative assistant who prepared the report.
January 16, 2010
Gov. Arnold Schwarzenegger’s proposal to eliminate the state’s sales tax on gasoline and replace it with a fixed excise tax will not affect funds for local road maintenance as city officials had initially feared, the state legislative analyst’s office said Wednesday. The governor’s plan would replace the sales tax on gas, taken as a percentage of a total purchase, and replace it with an increase in the state’s per-gallon gas excise tax, from 18 cents to 28.8 cents.
December 25, 1999
Paul Clinton CIVIC CENTER -- With the clock ticking, the City Council hurriedly approved a deal Tuesday that opens the door for a Riverside auto retailer to buy land for a dealership in Burbank. By a 4-1 vote, the City Council agreed to a 50-50 split with CAG Investments of future sales tax revenues generated by the dealership for 10 years or up to $9 million, whichever comes first. The dealership, which is planned for the Burbank Empire Center on Lockheed-Martin Corp.