LOS ANGELES, CA – The Los Angeles Area Chamber of Commerce, together with more than 200 business leaders convened at L.A. City Hall today to call on Mayor Antonio Villaraigosa, City Council President Eric Garcetti, City Controller Wendy Greuel, City Attorney Carmen Trutanich and other elected officials to make job creation their number one priority and help put L.A. back to work.
“Creating jobs and ensuring long-term prosperity in the City of Los Angeles requires a renewed commitment to improving the business climate,” said Los Angeles Area Chamber of Commerce President & CEO Gary Toebben. “Today’s Access L.A. City Hall event is about putting L.A. back to work and addressing the greatest economic challenges facing Los Angeles businesses.”
Chamber leaders presented city officials with the business community’s top priorities, outlined in their 2010 Advocacy Agenda, which contains clearly defined objectives that will encourage and support private-sector job creation. Among the requests are eliminating L.A.’s major tax disadvantage by reducing gross receipts tax rates to .200 percent or less by March 1, 2011; passing a hiring tax credit for employers who hire new workers in the city; fixing L.A.’s infamous permit and entitlement process; and supporting small business by investing in an office of small business that provides frontline assistance for job creators.
Business leaders also asked the city to identify core city functions that deserve maximum funding in any economic environment and determine which are essential prior to completing fiscal year 2012 budget next spring. They asked the city to consider divesting non-essential city services and assets that would be better operated in partnership with private entities as is done in nearly every major U.S. city.
In conjunction with this year’s Access L.A. City Hall event, the Los Angeles Area Chamber of Commerce released a first-ever study that breaks down economic trends and figures by council district, highlighting annual employment, average wage and building permits (commercial and residential) over the last year. The Los Angeles City Council Districts: 2010 Economic Report also provides a breakdown of gross receipts for the last two years, and 2005-09 gross business receipts.
The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com.