LOS ANGELES, CA — The Los Angeles Area Chamber of Commerce and more than 300 business leaders visited City Hall today, calling for Mayor Antonio Villaraigosa and the City Council to focus on job creation and economic growth.
During the L.A. Area Chamber’s annual ACCESS L.A. City Hall event, Chamber leaders outlined an eight-point plan for the city that can immediately boost the local economy.
“We’ve identified a list of things the city can do right now that would have an immediate impact,” said L.A. Area Chamber President & CEO Gary Toebben. “Let’s start by aggressively extending the welcome mat to new and existing businesses that wish to invest in our great city.”
Toebben said the City should focus resources on departments that have the potential to generate new revenue and jobs. He also said implementing a plan to phase out the Gross Receipts Tax could potentially create 130,583 new jobs and generate more tax revenue.
The Chamber presented the 2011 Economic Report for the City and individual council districts, which compared key economic indicators for each of L.A.’s 15 Council Districts resulting in a snapshot of each district’s total number of jobs, wages and tax revenue.
Toebben said council members have a great deal of influence over the projects that businesses propose in their district and as a result, often determine whether or not the number of jobs and the tax base in their district is expanding or contracting.
Representatives from Southern California Gas Company, Chevron, Clear Channel Communications, AT&T and BNSF Railway Company were among those that joined the Chamber in meetings with Mayor Villaraigosa, City Council President Eric Garcetti, City Controller Wendy Greuel, City Attorney Carmen Trutanich and other city leaders.
For a complete list of the L.A. Area Chamber’s recommendations to the City, check out the ACCESS L.A. City Hall advocacy agenda.
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.