1:02:23
So while development, which I support and I wish we have more of it, you know, can generate that as you explain so great that that reoccurring property tax and sales tax and other revenues that we have for future and that's really good.
32:03
You'll see that that pie has many different slices. If you were an east coast city for example 90% of that pie would be property tax that's really how it's funded on the east coast on the west coast we have to diversify and we look at everything from hotel taxes to sales taxes to utility taxes and property tax.
2:44:22
…interestingly. Um, fy 26 property tax revenue for us and every other taxing jurisdiction in los angeles county, um, is experiencing slightly lower property tax because of, uh, the january, 2025, uh, wildfires, um, that affected property tax payments in altadena and…
3:15:37
…special bonuses. I didn't hear things like an innovative idea, which is not new. It's not something that I invented, but I should have heard in special bonuses, property tax subsidies.
1:09:06
…and there is lots of flexibility. And within that specific boundary, how much of the city share of property taxes allocated, uh, city controls that typically we're not seeing cities allocate more than half of it.