Measure ULA, implemented to generate up to $1.1 billion annually, has raised less than half that within 18 months, unveiling a significant revenue shortfall.
The reality is, it's a lot of money, Greg Good said, highlighting the importance of transparency to assess the impacts and effectiveness of Measure ULA.
Geographically, Westside neighborhoods are prime contributors to the mansion tax, emphasizing the concentration of sales within affluent areas like Bel-Air and Beverly Crest.
While Measure ULA has faced revenue challenges, it has also supported low-income renters through assistance programs, indicating a dual focus of funding and aid.
Collection
[
|
...
]