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Valley Business Leaders Sound the Alarm | Los Angeles News
Description
Business leaders in the San Fernando Valley are sounding the alarm, with a recent survey revealing widespread frustration over LA’s direction—homelessness, traffic, infrastructure, and soaring costs are crushing local enterprises. At their annual luncheon, city council members echoed these concerns, acknowledging how encampments disrupt storefronts and crime drains profits. While some push to scrap the city’s gross receipts tax, others argue for reform instead of repeal, and debates rage over minimum wage hikes versus targeted relief. Councilmembers also grapple with lawsuits cutting funding for critical services, suggesting county involvement in mental health care. Mayor Karen Bass offers optimism on homelessness and safety progress, but the ground reality remains tough. The goal? To flip that 6% approval rating into 60%—a long road ahead.
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