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  • 29 Nov 2023 by LA County Assessor

     

    FOR IMMEDIATE RELEASE:

    November 28, 2023

    Email: pio@assessor.lacounty.gov   

    CONTACT: Steve Whitmore

    Office: 213.974.3101

    Mobile: 213.407.0650

     

    Assessor Releases Annual Report for 2023

    Data Reflects Continued Growth; $24 Billion for Public Services

    LOS ANGELES, CA -  Los Angeles County Assessor Jeff Prang released the 2023 Annual Report, providing a comprehensive overview of the Assessor's Office activities, achievements, and key initiatives throughout the past operating year.

    The Annual Report serves as a valuable resource for the public, offering insights into the County's property assessment process, tax revenue distribution, and the overall economic landscape and reflects growth and increases in the assessed value of taxable real property for the 13th consecutive year. The report also includes an updated listing of the County’s 88 cities, including the highest valued cities and those with the highest percentage change from the previous year. 

    To access the full 2023 Annual Report, interested parties are encouraged to visit the official website of the Los Angeles County Assessor at: https://assessor.lacounty.gov/reports.

    “The 2023 Annual Report provides the public with easily accessible information about the Office of the Assessor, including how property values in each area of the County changed during this last year,” said Assessor Jeff Prang. “The diligent work of our staff saw us find new ways to produce and complete our vital functions that ultimately serves as the foundation of the property tax system which will generate about $24 billion in revenue for vital public services.”

    The 2023 Annual Report is broken down into categories and chapters, providing a comprehensive view and analysis of the Los Angeles County real estate market. It reveals that every city in Los Angeles County recorded an increase in assessed valuation compared to 2022. Key highlights from the 2023 Annual Report include:

    1. Record Growth: The Report highlights the total net value of $1.997 trillion for the entire County, indicating the 13th consecutive year of growth, as mentioned, and an increase of more than $111 billion (or 5.91%) over 2022 which generates $24 billion in property tax revenue annually.
    2. Office Initiatives: The Report includes the many legislative advancements, the tax resources and tax savings’ programs available, a detailed explanation of California’s property tax system, and the ongoing joint-venture with community colleges that provides a pathway to County jobs.
    3. 2023 Assessment Roll Data: The Report lists the top 20 highest valued cities in the County for 2023. The top five highest valued cities are the City of Los Angeles at No. 1 with an assessed valuation of $819.6 billion (5.9% increase); Long Beach with an assessed valuation of $74.8 billion (6.8% increase); Santa Monica with an assessed valuation of $48.9 billion (5.3% increase); Beverly Hills with an assessed value of $44.9 billion (5.3%); and Santa Clarita with an assessed valuation of $44.8 billion (8.5% increase).

    Assessor Prang also reminds residents the growth does not mean property owners will be subject to a corresponding increase on their annual property tax bills. Most property owners will only see a modest 2 percent adjustment prescribed by Proposition 13.

    The dedicated professionals at the Assessor’s Office are committed to providing the highest-quality of public service possible, regardless of the challenges that present themselves. In fact, the Annual Report will point out that in order to create the 2023 Assessment Roll, the hardworking and dedicated staff of the Assessor’s Office processed 319,000 deeds, assessed 122,000 transfers, enrolled over 40,000 new construction events, reviewed approximately 21,000 decline-in-value parcels, and prepared over 32,000 Assessment Appeals Board cases. In the last year, Assessor business personal property staff canvassed over 386,000 business locations and processed over 127,000 property statements.

     

     

    THE LA COUNTY ASSESSOR'S OFFICE

    Visit our website

    ________________________________________________________________________________________________

    Los Angeles County Assessor Jeff Prang leads the largest local public property assessment agency in the nation. His office of nearly 1,300 appraisers and support staff are dedicated to creating an accurate and timely property Assessment Roll. This year, the Los Angeles County Assessor's Office conducted more than 2.5 million real estate and business assessments valued at nearly $2 trillion.

     

  • 22 Nov 2023 by Metro

     

    I-5 NCEP Weekly Look-Ahead: November 27 to December 3, 2023


    Construction Update Community Meeting: Save the Date   
    Join Metro’s I-5 North County Enhancements Project for the next community meeting to receive updates on the construction activities along the I-5 freeway. 
     
    Project staff will outline upcoming construction timelines and provide an update on activities in the Santa Clarita Valley and North LA County communities, including a recap of the demolition of the Weldon Canyon Rd bridge, and activities planned for Stage 2 of the project. We look forward to hearing your questions, comments, and to keeping you informed for the duration of construction. | More Information
     
    Wednesday, November 29, 2023, 6pm
    Zoom Link: us02web.zoom.us/j/99714777647
    Webinar ID: 997 1477 7647
    Call-in: (213) 338-8477

    Special accommodations are available to the public for Metro-sponsored meetings. All requests for reasonable accommodations and translation must be made at least three working days (72 hours) in advance of the scheduled meeting date.


    NOTE: Freeway closures are paused on Monday, November 27 due to Thanksgiving.

    Prepare for weeknight intermittent lane reductions in both directions between SR-14 and Parker Rd from 8pm to 6am to support all the below activities on I-5. Crews begin mobilizing at 6am and work hours are 7am to 4pm and 7pm to 6am on weekdays, and Saturdays as needed. 

    SR-14 to Magic Mountain Pkwy

    Weldon Canyon Rd bridge remaining demolition work. | Full Notice

    Gavin Canyon Undercrossing bridge falsework installation and grading. Prepare for intermittent full lane closures of The Old Rd between Weldon Canyon Rd and Calgrove Bl, Monday through Friday from 9pm to 5am. View full notice for detour routes. | Full Notice  

    Calgrove Bl Undercrossing bridge forming and rebar installation.  Prepare for intermittent full lane closures of Calgrove Bl between The Old Rd and Wiley Canyon Rd, Monday through Friday from 9pm to 6am. View full notice for detour routes. | Full Notice

    Butte Canyon bridge concrete placement in the center median between Pico Canyon Rd/Lyons Av and McBean Pkwy, adjacent to Vista Valencia Golf Course. | Full Notice

    Southbound outside shoulder retaining wall excavation and drainage system work between Weldon Canyon Rd and Calgrove Bl. View full notice for schedule and detour routes. | Full Notice

    Center median retaining wall construction and drainage system work between SR-14 and Magic Mountain Pkwy. | Full Notice

    SR-14 to Magic Mountain Pkwy

    Santa Clara Overhead bridge forming, rebar installation and concrete placement between Magic Mountain Pkwy and Rye Canyon Rd. | Full Notice

    Castaic Creek bridge forming, rebar installation, and concrete placement between Biscailuz Dr and Hasley Canyon Rd. | Full Notice

    Center median concrete placement and pipe replacement between Hasley Canyon Rd and Parker Rd. | Full Notice

    Essential Details

    • Work hours: Monday through Friday and Saturday, as needed from 7am to 4pm and 7pm to 6am. Crews will begin to mobilize at 6am.
    • No two consecutive ramps in the same direction will be closed at the same time. Detours to the next on-ramp will be posted for each closure.
    • Traffic will be maintained in each direction.
    • All lanes will reopen by 6am each morning.
    • No lane closures will be implemented during morning or evening peak traffic hours.
    • The speed limit in construction work zones is reduced to 55 miles per hour.

    Noteworthy

    Access to emergency responders will be maintained. Construction is a dynamic process, it is subject to weather conditions, and information is subject to change, visit the project website for the most up to date information and a weekly listing.  
     

  • 21 Nov 2023 by City of Santa Clarita

    Santa Clarita Non-Profits Invited to Apply for 2024-25 Funding Cycle

     

    The City of Santa Clarita (City) is pleased to announce the release of the 2024-25 Notice of Funding Availability (NOFA) and has scheduled informational meetings for organizations interested in applying for 2024-25 Community Development Block Grant (CDBG) funding. The City invites non-profit organizations that serve low and moderate-income residents to attend an informational meeting to learn more about the program and to receive a funding application for the 2024-25 program year.

    Each year, the U.S. Department of Housing and Urban Development (HUD) provides the City with CDBG funding, which is primarily intended to benefit low- and moderate-income residents. The City awards a portion of this allocation through grants to eligible non-profit organizations to provide services and resources for some of the City’s most vulnerable residents. Individuals and for-profit organizations are not eligible to apply.

    The City requires interested applicants to attend one of two scheduled Zoom informational meetings to learn more about applying for and how to receive funding. Following the meeting, the City will provide interested applicants with a funding application. Meetings are scheduled as follows:

    • Wednesday, November 29, 2023, from 10:00 to 11:00 a.m.
    • Thursday, November 30, 2023, from 2:00 to 3:00 p.m.

    For more information, including the Zoom meeting link, passcode and where to RSVP, please visit the City’s website at SantaClarita.gov/Housing.

    Every five years, the City develops a CDBG strategic planning document called the Consolidated Plan (Con Plan). The Con Plan sets priorities for how CDBG funds will be used. In addition, each year the City conducts a community needs assessment and develops a CDBG Annual Action Plan (AAP). The AAP outlines how the annual allocation of CDBG funds are spent and establishes goals for the number of individuals served.

    This NOFA allows community-based organizations the opportunity to apply for funds to serve low and moderate-income residents as part of the AAP during the Program Year of July 1, 2024 through June 30, 2025. All proposals must address a Con Plan Priority and meet a variety of other cross-cutting federal regulations, including compliance with reporting and record-keeping requirements. Only residents of the City of Santa Clarita may be served by any CDBG funding awarded.

    For more information about the City of Santa Clarita’s CDBG program or the funding application process, please contact Project Technician Donya Plazo by email at  dplazo@santa-clarita.com or by phone at (661) 255-4368.

  • 17 Nov 2023 by Metro

    Construction Update Community Meeting: Save the Date   
    Join Metro’s I-5 North County Enhancements Project for the next community meeting to receive updates on the construction activities along the I-5 freeway. 
     
    Project staff will outline upcoming construction timelines and provide an update on activities in the Santa Clarita Valley and North LA County communities, including a recap of the demolition of the Weldon Canyon Rd bridge, and activities planned for Stage 2 of the project. We look forward to hearing your questions, comments, and to keeping you informed for the duration of construction. | More Information
     
    Wednesday, November 29, 2023, 6PM to 7:30PM 
    Zoom Link: us02web.zoom.us/j/99714777647 
    Webinar ID: 997 1477 7647 
    Call-in: (213) 338-8477 
     
    Special accommodations are available to the public for Metro-sponsored meetings. All requests for reasonable accommodations and translation must be made at least three working days (72 hours) in advance of the scheduled meeting date.


    NOTE: I-5 restriping between SR-14 to Calgrove Bl taking place Monday, 11/20 and Tuesday, 11/21. Prepare for lane reductions in both northbound and southbound directions. Freeway closures are paused from Wednesday, 11/22 to Monday, 11/27 due to Thanksgiving.

    Prepare for weeknight intermittent lane reductions in both directions between SR-14 and Parker Rd from 8pm to 6am to support all the below activities on I-5. Crews begin mobilizing at 6am and work hours are 7am to 4pm and 7pm to 6am on weekdays, and Saturdays as needed. 

    SR-14 to Magic Mountain Pkwy

    Gavin Canyon Undercrossing bridge construction. Prepare for intermittent full lane closures of The Old Rd between Weldon Canyon Rd and Calgrove Bl, Monday through Friday from 9pm to 5am. View full notice for detour routes. | Full Notice  

    Calgrove Bl Undercrossing bridge falsework installation.  Prepare for intermittent full lane closures of Calgrove Bl between The Old Rd and Wiley Canyon Rd, Monday through Friday from 9pm to 6am. View full notice for detour routes. | Full Notice

    Southbound outside shoulder retaining wall excavation and drainage system work between Weldon Canyon Rd and Calgrove Bl. View full notice for schedule and detour routes. | Full Notice

    Center median retaining wall construction and drainage system work between SR-14 and Magic Mountain Pkwy. | Full Notice

    SR-14 to Magic Mountain Pkwy

    Santa Clara Overhead bridge forming, rebar installation, concrete placement and fine grading activity between Magic Mountain Pkwy and Rye Canyon Rd. | Full Notice

    Castaic Creek bridge forming, rebar installation, and concrete placement between Biscailuz Dr and Hasley Canyon Rd. | Full Notice

    Center median concrete placement and pipe replacement between Magic Mountain Pkwy Rd and Parker Rd. | Full Notice

    Essential Details

    • Work hours: Monday through Friday and Saturday, as needed from 7am to 4pm and 7pm to 6am. Crews will begin to mobilize at 6am.
    • No two consecutive ramps in the same direction will be closed at the same time. Detours to the next on-ramp will be posted for each closure.
    • Traffic will be maintained in each direction.
    • All lanes will reopen by 6am each morning.
    • No lane closures will be implemented during morning or evening peak traffic hours.
    • The speed limit in construction work zones is reduced to 55 miles per hour.

    Noteworthy

    Access to emergency responders will be maintained. Construction is a dynamic process, it is subject to weather conditions, and information is subject to change, visit the project website for the most up to date information and a weekly listing.  
     

  • 14 Nov 2023 by SoCalGas

    Between December 2023 and March 2024, customers who sign up will receive a text message when there is a 20% or more increase in the monthly natural gas commodity cost, which impacts a portion of their bills


    LOS ANGELES – November 14, 2023 – Southern California Gas Co. (SoCalGas) today introduced an optional customer text message called the Natural Gas Price Notice. Customers who sign up will receive a text message from SoCalGas when there is a 20 percent or more increase in the monthly natural gas commodity cost – which impacts a portion of their bills. The 20 percent or more increase is based on the average of the last three winter (November to March) seasons' monthly natural gas commodity prices. Starting Nov. 14, customers can complete the sign-up form to receive the Natural Gas Price Notices from December 2023 through March 2024, as applicable.


    “We’re excited to be rolling out this new resource for our customers to help them make informed decisions about their energy usage this winter,” said Gillian Wright, Senior Vice President and Chief Customer Officer. “While the U.S. Energy Information Administration is predicting a milder winter ahead of us, we continue to encourage customers to take advantage of the tools and options provided by SoCalGas to manage energy consumption and make energy-efficient home improvements to help lower bills.”


    Customers can learn more and sign up for the Natural Gas Price Notice at socalgas.com/NotifyMe or through My Account and will receive a confirmation text message once their sign-up form is submitted.


    SoCalGas does not set the price for natural gas. Rather, natural gas prices fluctuate based on national and regional markets. SoCalGas purchases natural gas in those markets on behalf of residential and small business customers, and the cost of buying that gas is billed to those customers with no markup, meaning SoCalGas does not earn additional profits from the sale of natural gas or higher supply prices.


    According to the U.S. Energy Information Administration, a combination of out-of-state natural gas supply constraints, combined with early and persistent cold weather conditions across the West and low storage inventories in the western region, drove up commodity prices last winter. This October, the EIA reported that temperatures were expected to be warmer than last winter, which was unusually cold.


    In addition to approving SoCalGas’ new text message notification, the California Public Utilities Commission (CPUC) voted in August to increase the maximum storage level allowed at the Aliso Canyon Natural Gas Storage Facility from 41.16 billion cubic feet (bcf) to 68.6 bcf, “to enhance energy resiliency and protect ratepayers in Southern California from potential volatile wholesale natural gas prices this upcoming winter.” It also voted to lift limits on when Aliso Canyon could be used to meet customer demand.


    The CPUC also continues to consider a request from SoCalGas to give customers earlier access to state climate credits to assist with winter bills, by accelerating delivery of those credits from April to February.


    SoCalGas has a suite of programs and services that can help customers manage their natural gas usage to help save energy and money.


    Eligible customers may sign up for a Level Pay Plan (LPP), for example, which averages their annual natural gas use and costs over 12 months. There are also assistance programs for eligible customers who are experiencing hardships.


    SoCalGas's Ways to Save tool may also help customers with energy savings options through a personalized savings plan that offers a household energy analysis, customized energy-efficiency recommendations, bill comparisons, and energy usage comparisons that could help save on natural gas bills. Customers can also sign up for weekly Bill Tracker Alerts to monitor natural gas consumption, take steps to reduce usage, avoid bill surprises, and more.


    For more information about SoCalGas’ new Natural Gas Price Notice, visit socalgas.com/NotifyMe.
    ###

  • 10 Nov 2023 by Metro

    NOTE: Freeway closures are paused from Thursday, November 9 to Monday, November 13 for Veteran's Day. 

    Prepare for weeknight intermittent lane reductions in both directions between SR-14 and Parker Rd from 8pm to 6am to support all the below activities on I-5. Crews begin mobilizing at 6am and work hours are 7am to 4pm and 7pm to 6am on weekdays, and Saturdays as needed. 

    SR-14 to Magic Mountain Pkwy

    Gavin Canyon Undercrossing bridge falsework installation and grading. Prepare for intermittent full lane closures of The Old Rd between Weldon Canyon Rd and Calgrove Bl, Monday through Friday from 9pm to 5am. View full notice for detour routes. | Full Notice  

    Calgrove Bl Undercrossing bridge forming of abutments, rebar installation and concrete placement.  Prepare for intermittent full lane closures of Calgrove Bl between The Old Rd and Wiley Canyon Rd, Monday through Friday from 9pm to 6am. View full notice for detour routes. | Full Notice

    Southbound outside shoulder excavation, shoring, and retaining wall work between Weldon Canyon Rd and Calgrove Bl. View full notice for schedule and detour routes. | Full Notice

    Butte Canyon bridge dry finish work and concrete placement in the center median between Pico Canyon Rd/Lyons Av and McBean Pkwy, adjacent to Vista Valencia Golf Course. | Full Notice

    Center median retaining wall construction and drainage system work between SR-14 and Magic Mountain Pkwy. | Full Notice

    SR-14 to Magic Mountain Pkwy

    Full or partial lane closures of Rye Canyon Rd for backfilling and infilling between The Old Rd and Avenue Stanford for backfilling and infilling. View full notice for schedule and detour routes. | Full Notice

    Santa Clara Overhead bridge fine grading activity between Magic Mountain Pkwy and Rye Canyon Rd. | Full Notice

    Castaic Creek bridge forming, rebar installation, and concrete placement between Biscailuz Dr and Hasley Canyon Rd. | Full Notice

    Center median concrete placement and pipe replacement between Magic Mountain Pkwy Rd and Parker Rd. | Full Notice

    Important Note

    Due to pile driving activity, smoke will be visible from the I-5 freeway and The Old Rd at the Santa Clara Overhead Bridge work zone, located between Magic Mountain Pkwy and Rye Canyon Rd. Pile driving at this location is anticipated to continue through Winter 2023. If you have any questions regarding the active construction smoke, please call or email the I-5 NCEP hotline. 

    Essential Details

    • Work hours: Monday through Friday and Saturday, as needed from 7am to 4pm and 7pm to 6am. Crews will begin to mobilize at 6am.
    • No two consecutive ramps in the same direction will be closed at the same time. Detours to the next on-ramp will be posted for each closure.
    • Traffic will be maintained in each direction.
    • All lanes will reopen by 6am each morning.
    • No lane closures will be implemented during morning or evening peak traffic hours.
    • The speed limit in construction work zones is reduced to 55 miles per hour.

    Noteworthy

    Access to emergency responders will be maintained. Construction is a dynamic process, it is subject to weather conditions, and information is subject to change, visit the project website for the most up to date information and a weekly listing.  
     

  • 07 Nov 2023 by DrinkPAK, LLC

    DrinkPAK, a leading contract manufacturer of premium alcoholic and non-alcoholic beverages, currently headquartered in the Santa Clarita Valley, is expanding and investing more than $450 million in the construction of two state-of-the-art manufacturing facilities in the Dallas-Fort Worth area of Texas. These strategically located facilities on Eagle Parkway and at Carter Park East will occupy a combined space of approximately 2.8 million sq. ft., significantly enhancing DrinkPAK’s capacity and capabilities to support global and high-growth beverage brands.

    The 1.5 million sq. ft. low-acid facility on Eagle Parkway, DP2, is expected to open in November 2024 and will manufacture energy drinks, teas, sodas, waters, hard seltzers, beer, wine and spirits in most can sizes and packing formats. The filling and packaging equipment from Krones AG will produce up to 2,600 cans per minute and feature dual filler production lines. The facility will also include an automated variety packaging line for multi-flavor cartons and trays.

    The 1.4 million sq. ft. high-acid facility at Carter Park East, DP3, is expected to open in January 2025. This facility will be one of the largest, most technologically advanced low-acid canned beverage plant in the world, catering to products such as coffees, protein drinks, milk and alt-milk products, including oat milk, almond milk and soy. DP3 will utilize innovative technologies, including retort processing, to ensure safety and quality.

    “We are thrilled to expand our advanced manufacturing organization with two new state-of-the-art facilities that will enable us to manufacture more high-quality drinks for the best brands in the world”, said Nate Patena, CEO of DrinkPAK. “This expansion positions DrinkPAK at the forefront of innovation in the beverage industry, offering unique opportunities for the creation of canned low-acid products.”

    DrinkPAK was represented by Patrick DuRoss of Newmark in the transaction. The project is set to generate 1,000 full-time job opportunities in the DFW region by 2026, marking a significant contribution to the local economy. DrinkPAK is committed to hiring talent for various roles, including production, batching, quality control, maintenance, engineering, warehousing and more. DrinkPAK is dedicated to offering competitive compensation, comprehensive benefits and formalized training to its employees. Learn more about job opportunities at www.drinkpak.com/texascareers.

    DrinkPAK operates one of the most technologically advanced canned beverage facilities in North America, boasting a 24/7 production capacity of 2.1 billion annual cans. With a dedicated workforce of approximately 550 employees, the company has earned a reputation for manufacturing high-quality beverages.

    DrinkPAK’s addition of DP2 and DP3 in the DFW area represents a transformative opportunity for economic growth, job creation, and technological advancement in the beverage manufacturing industry, offering immense potential for beverage brands looking to partner with a forward-thinking and innovative contract manufacturer.