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Friday, Mar 29, 2024

Valley Forum: Will Secession Help Your Business?

Valley Forum: Will Secession Help Your Business? On Nov. 5, the decision to turn the San Fernando Valley into an independent city, separate from the city of Los Angeles, will finally be on the ballot. While there are political and governmental issues involved, there will also be an impact on businesses. So, the San Fernando Valley Business Journal asks: If the Valley secedes, will the split help or hurt your business? And why? Karenjo Goodwin President and CEO Exact Staff Inc. Woodland Hills A secession study showed that a new Valley city would cut taxes for Valley homeowners and businesses by $30 million per year. That would be terrific for my company and anyone else’s located here. Dave Burtch Vice President Ameritel Inc. Northridge I support secession. I believe it will more closely align local government services with the tax revenue collected from the local populace. This in turn allows for a fresh review of what local government services are truly necessary and what can be outsourced to the private sector. Such an initiative will lower the necessary tax base. Lower taxes help the local economy, which improves the prospects for my business. Bruce Stein Director of Real Estate Shamrock Holdings of California Inc. Burbank This will not impact our business at all. On a personal level, I would encourage Valley secession and believe that the city is capable of standing on its own. If Valley secession is enforced, there are issues to consider as an independent city from Los Angeles, such as the organization of the police force and fire department. Martin M. Cooper President Cooper Communications Inc. Woodland Hills Marketing and public relations are fields that transcend boundaries. We have clients as far away as London and Brunei. A Mulholland Drive boundary between Los Angeles and a proposed Valley city will have no impact on our firm.

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