Oil wealth from Long Beach fuels California budget
California relies on long Beach Wilmington oil revenues as a major funding source, with royalties and lease bonuses totaling hundreds of millions. From 1956 to 1970 the state earned about 736 million, and projections suggest Long Beach oil will continue to shape the budget for nearly 28 more years amid looming deficits.
MENTIONED IN THIS ARTICLE
Long Beach
Wilmington Tidelands
Higher Education Building Fund
General
California
Long Beach Tideland
Walter Quality Control Fund
Wilmington
Break for state's property owners Accord seen on tax plan
California Assembly leaders near a bipartisan 14 billion tax reform plan to eliminate property taxes on homes under 10,000 and trim values on expensive homes. It would cut average homeowner taxes by about half while raising sales and income taxes. includes 250 million for local schools and senior tax relief with higher sales tax.
MENTIONED IN THIS ARTICLE
Sacramento
Assembly
California
Burton predicts Reagan credibility dented by welfare reform plan
SACRAMENTO UPI Assemblyman John L. Burton chairman of the Welfare Finance committee says the Reagan administration will damage its credibility when it releases today the reasons behind proposed welfare reforms. Welfare Director Robert Carleson is set to testify before a joint Senate Finance and Assembly Ways and Means panel detailing the basis for the administration's welfare figures.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
John L. Burton
Assembly
Robert Carleson
Senate Finance and Assembly
Ways and Means
Relief Claims for Preparation H Hemorrhoidal Treatment
The ad touts Preparation H as a fast acting remedy for itching and pain from hemorrhoidal infection and inflammation. It claims hours of relief, reduced swelling, soothing, non stinging action, and suitability for night use, backed by tests in New York City Washington DC and a Midwest medical center.
MENTIONED IN THIS ARTICLE
New York City
Washington, D.C
Midwest Medical Center
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Moe G
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SCOTT
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Hong Kong
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