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I).r 'transmittal To:Date:THE Councilmen 1 1 2006From:THE MAYORTRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED.7IM Mayor Antonio R. VILLARIGOSA “CITY opts ANGELES BOARD Of PUBLIC WORKSCALIFORNIAMEMBERSOffiCE
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Anyone who is interested in running for the position of mayor needs to fill out the mayor LC (Local Candidate) form. This form is required to officially declare candidacy and participate in the mayoral election.
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What is mayor lc?
Mayor lc stands for Mayor's Local Cap. It is a regulation that limits the amount a local government can increase property tax revenue.
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Local government officials are required to file mayor lc.
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Mayor lc can be filled out online through the designated government website or submitted in person at the local government office.
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The purpose of mayor lc is to control property tax revenue and prevent excessive increases.
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The mayor lc requires reporting the current property tax revenue, proposed property tax revenue, and the percentage increase.
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