Hollywood Says No To Tax Hike In Coming Year

Hollywood Park releases final stakes schedule

currentDate:9/23/13 8:0 EDT! allowComments:true! displayComments:true! Richard C. Sarafian, Hollywood director, dies at 83 AP/AP – Director Richard Sarafian was best known for 1971s car-chase thriller Vanishing Point. By Steve Chawkins, Richard C. Sarafian, a Hollywood director best known for the speed-addled saga of squealing brakes and existential angst chronicled in the 1971 cult film Vanishing Point, died Sept. 18 in Santa Monica, Calif. He was 83. Mr. Sarafian was recovering from a broken back when he contracted pneumonia, family members said. Looking for things to do? Select one or more criteria to search Kid-friendly Get ideas He directed numerous films and, earlier in his career, TV shows, including episodes of Gunsmoke, The Twilight Zone and Batman. He also acted, appearing as a hit man named Vinnie in the Warren Beatty satire Bulworth and as gangster Jack Dragna in Beattys Bugsy. In Dr. Doolittle 2, Mr.

FILE - In this Sept. 10, 1973, file photo, Muhammad Ali, right, winces as Ken Norton hits him with a left to the head during their re-match at the Forum in Inglewood, Calif. Norton, a former heavyweight champion, has died, his son said, Wednesday, Sept. 18, 2013. He was 70. (AP Photo/File)

EDT, September 23, 2013 HOLLYWOOD Homeowners won’t see an increase in their tax rate or fire fee in the coming fiscal year. Hollywood commissioners approved a $198 million budget on Monday that will keep the annual fire fee at $189 and the base tax rate at $744 per $100,000 of assessed value. The total tax rate, which includes voter-approved debt for major city improvements, is $784 per $100,000 of assessed value. Previous financial blunders led to a $38 million shortfall in Hollywood two years ago. After declaring financial urgency, the city relied on tax hikes, layoffs and pay cuts to help balance the budget. But things are starting to look up, city officials say. Hollywood will have $22.7 million in reserves $3.3 million short of its goal at the start of the fiscal year on Oct. 1, Finance Director Matt Lalla said. Two years ago, the city had only $908,000 in reserves. Hollywood will not have to use any of its emergency reserves this year thanks in part to a recent victory in a long-term disagreement with FEMA . After a seven-year battle, the federal agency recently agreed it owed the city $4.6 million in federal disaster money related to Hurricane Wilma.

The 29-day meeting begins Thursday, Nov. 7 and concludes Sunday, Dec. 22. The 21 stakes have a worth of $4 million with the $750,000 CashCall Futurity for 2-year-olds the richest to be offered. “We are very grateful for Mr. Reddam and CashCall’s sponsorship through the years and believe the Futurity will again be an important step on the road to the Triple Crown,” said Martin Panza, Hollywood Park’s vice president-racing and racing secretary. “We’re looking forward to an exciting final season.” Along with the Futurity other significant stakes will be the $250,000 Hollywood Turf Cup at 1 1/2 miles on Saturday, Dec. 14, the $500,000 Hollywood Starlet for 2-year-old fillies on Saturday, Dec. 7 and the $250,000 Hollywood Derby for 3-year-olds at 1 1/4 miles on the turf to be run Sunday, Dec. 1. Inaugural Homecoming Classic has solid field Breeders’ Cup Classic winner Fort Larned will take on six challengers in his final race before he defends his title in five weeks at Santa Anita. The 5-year-old, trained by Ian Wilkes, headlines the inaugural running of the $175,000 Homecoming Classic at Churchill Downs on Saturday night.

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