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Category Archives: Money

Eagle Rock tenants don’t stand a chance against rent increase

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Living in city-owned rent controlled units doesn’t exempt you from massive rent increases. The Eastsider LA is reporting a city owned housing complex in Eagle Rock, is increasing rent over the 3% annual limit imposed by the city of Los Angeles Rent Stabilization Ordinance.  Rent is able to be doubled since the owner doesn’t have tenants receiving […]


Should the city of Compton allow marijuana cultivation in the city

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Will the city of Compton reverse their ban on marijuana?  The last regular city council meeting agenda included an item to allow for a presentation on the “Marijuana Adult Use Initiative” headed to the November 2016 ballot.  A public hearing is scheduled for September 13, 2016, when the council comes back from their August break, […]


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Frontier Communications outages could cost residents their lives

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The Frontier acquisition of Verizon is turning into a disaster.  After the multi billion dollar acquisition of Verizon land lines, in April of this year, customers have complained of outages since day one.  In addition to the outages, billing issues are also of concern to their nearly 4 million new customers.  Frontier executives informed the […]


What to expect when new minimum wage takes effect

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The minimum wage is increasing in unincorporated areas of Los Angeles County starting July 1, 2016 and will reach $15.00 an hour in 2021.  Did you know the Small Business Initiative (SBI) was created to assist your small business during the wage increases?  We’re here to help.


Compton finance department overstated 2015-16 budget numbers

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Compton city manager Roger Haley has his hands full getting the cities financial affairs in order.  This week’s April 26th council agenda reveals the city overestimated revenues and referenced “erroneous” information in the 2015-16 budget. Revenue was overinflated by millions.  Many recall the city controller mysteriously resigning a couple of weeks ago. The city is […]


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Should the city of Compton replace its Successor Agency Director

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In September 2008 the Los Angeles Times revealed the city of Compton entered into an agreement with a crook named Tyrone Freeman.  The deal culminated with the development of the Alameda Court housing development.  The now defunct LONG TERM CARE HOUSING CORPORATION was given city owned land, for $1, and the city is being asked to forgive […]


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Compton electeds to consider forgiving loan due by developer

Members of Compton city council will consider an agenda item, submitted by the Successor Agency, requesting loan forgiveness, for another developer.  Valued at approximately  $2 million dollars, the request is to prevent the property from going into foreclosure and displacing current residents .  Council will also vote on updating their travel policy.


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