Revenue sharing cuts threaten city budgets in Long Beach area
Long Beach Lakewood and Bellflower officials warn that ending or shrinking revenue sharing could raise property taxes and delay capital projects. Long Beach faces a potential 13 cent hike to 12.58 per 100 assessed value without renewal. Lakewood and Bellflower await contingency plans to cover police and operating costs. Enduring revenue sharing is deemed preferable to no funding.
MENTIONED IN THIS ARTICLE
The
Independent, Press-Telegram
Long Beach
Lakewood
Bellflower
Hos
Phelps
Farrell
Feenstra
Cultural Center
Federal aid program to spur natural gas exploration ends
The Federal Power Commission nears expiration of the advanced payments program designed to fund gas exploration. Pipelines borrow and lend to producers, with interest passed to utilities, raising questions amid a 40 percent energy share from natural gas and over 3 billion committed.
MENTIONED IN THIS ARTICLE
New York
Federal, Power Commission
The
Commission
FPC
Pro
Gulf of Mexico
Peoples Gas Co
American Natural Gas Co
Columbia Gas System
Rumsfeld appeals on budget plan for defense cuts
President Ford weighs defense budget reductions after a meeting with Don Rumsfeld and White House officials. The plan would trim fiscal 1977 requests to 110 billion and 1978 to 122.3 billion amid ongoing budget talks and upcoming State of the Union proposals.
MENTIONED IN THIS ARTICLE
Washington
Donald Rumsfeld
Ford
White House
Rumsfeld
Gen
George Brown
Joint Chiefs of Staff
Defense
James T. Lynn
Office of Management and Budget
Lynn
Defense Department
Ford White House
Pentagon
Congress
Syndicate Agrees to Lend 170 Million to New York Agencies
A group of major banks and brokerages agreed to provide 170 million dollars to New York state housing and dormitory agencies to avert default. Gov Carey had said progress on a budget deficit deal was needed, but the new plan would release the funds despite no bipartisan budget agreement.
MENTIONED IN THIS ARTICLE
New York
NYTS
Hugh L. Carey
State Housing Finance Agency
State
Also Mentioned on This Page
Wig
James Phelps
Milton Farrell
New York Times Service
Complete Bindery Service
U-Weit
L.B
Ocean
Atlantic
AEM
XEROX
Singer
Los Altos
Bixby Knolls
San Pedro
Carson Mall
Cerritos Mall
Paramount
Downey
Torrance
del Amo Fashion Sq
del Amo Center
Hawthorne At Carson
Huntington Beach
Buena Park
Singer Fabric
Singer Company
President Ford
Secretary of
Defense Donald Rumsfeld
Louis Wilson
USMC
David C. Jones
USAF
James L. Holloway
III
Naval
Operations
William P. Clements Jr
Brent Scowcroft
National Security Council
George S. Brown
Joint Chiefs
Frederick C. Weyand
USA
Howard Benedict
Vail
Colo
Houston
Tex
Commerce
Rogers C.B. Morton
Morton
Ronald Reagan
N.Y
U.S. Marine Corp. Revo
Atlantic Ave
L.B. Bivd
Lewis
Pine Ave
BankAmericard
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