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Serving the San Fernando Valley cities of Los Angeles, Burbank, Glendale, Calabasas, Hidden Hills, San Fernando, and Santa Clarita
Valley Industry & Commerce Association || vica.com
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- Election Night Results
- Labor and Employment Committee Meeting with LA County Workforce Board Chairman
- VICA Addresses LA County BOS on Rent Stabilization Ordinance
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"It's time to put the divisions of the past four years behind us. It's time to unite, and we're gonna try. We're gonna try. We have to try. And it's gonna happen. Success will bring us together."
President-Elect Donald Trump
Nov. 6 Presidential Victory Speech
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Photo Courtsey of the Los Angeles Times | |
VICA Celebrates Election Night Victories! | |
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Election night brought significant wins for VICA’s endorsed measures and candidate, with approximately 86% of our supported propositions and measures receiving voter approval. Key victories included Proposition 35, which passed with 66.8% support, securing long-term funding for Medi-Cal through the Managed Care Organization (MCO) tax—an essential boost for healthcare stability in California. LA City Measures DD and LL also saw strong backing, with over 73% approval, establishing independent redistricting commissions to ensure fair representation in Los Angeles.
Our endorsed candidate, Adrin Nazarian, also won the LA City Council seat for the 2nd District, garnering robust support from voters.
Additionally, VICA’s opposition to Proposition 33, which proposed expanding local rent control, was validated as voters rejected it by 61.5%. Proposition 32, which aimed to raise the minimum wage to $18 per hour by 2025 with annual inflation-based hikes, was also defeated, with 52% of voters opposing the measure due to concerns about increased business costs and potential job losses. Proposition 5, which would have lowered the threshold for passing local taxes for housing and infrastructure projects from two-thirds to 55%, was similarly turned down, with 56.3% voting against it, signaling a preference for broader support before imposing new tax measures.
These results highlight the community’s support for balanced policies that foster economic stability and fair governance. VICA remains committed to advocating for a healthy business environment that promotes growth and opportunity throughout the San Fernando Valley and beyond.
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Results on VICA Endorsed Positions
on State and Local Ballot Measures
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| Ballot Name | VICA Position | Status as of 11/7/2024 | | Proposition 2 | Support | YES: 56.9%
NO: 43.1% | | Proposition 4 | Support | YES: 58%
NO: 42% | | Proposition 5 | Oppose | YES: 43.7%
NO: 56.3% | | Proposition 32 | Oppose | YES: 48%
NO: 52% | | Proposition 33 | Oppose | YES: 38.5%
NO: 61.5% | | Proposition 34 | Support | YES: 51.5%
NO: 48.5% | | Proposition 35 | Support | YES: 66.8%
NO: 33.2% | | Proposition 36 | Support | YES: 70.3%
NO: 29.7% | | LA City Measure DD | Support | YES: 73.32%
NO: 26.68% | | LA City Measure HH | Support | YES: 80.58%
NO: 19.42% | | LA City Measure LL | Support | YES: 74.62%
NO: 25.38% | | LA County Measure E | Support | YES: 53.63%
NO: 46.37% | | Burbank Unified School District - Measure ABC Bond | Support | YES: 62.26%
NO: 37.74% | | Glendale Community College District - Measure GCC Bond | Support | YES: 67.76%
NO: 32.24% | | LAUSD Measure US Bond | Support | YES: 66.38%
NO: 33.62% | | LA County Measure A | Oppose | YES: 56.11%
NO: 43.89% | | Adrin Nazarian | LA City Council, 2nd District | Leading with 56% | | |
For More Election Results in LA County, click the button below. | |
VICA's Labor and Employment Committee Hosts Chairman of LA County Workforce Board | |
From left to right: Randy Moberg (LBW Insurance), Chairman Jorge Marquez, Mark Davis (Hilton Universal City), VICA President Stuart Waldman, Jarrod DeGonia (LA County WDB) | |
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At VICA's Labor & Employment Committee meeting, members had the opportunity to hear from Jorge Marquez, Chairman of the Los Angeles County Workforce Development Board, who shared valuable insights on the county’s programs and initiatives aimed at supporting businesses and strengthening LA’s workforce. Jorge discussed efforts to address skills gaps, enhance training programs, and build a strong pipeline for economic and workforce development, all geared towards helping local businesses and residents adapt to the evolving economy.
We extend our sincere thanks to Jorge Marquez and Jarrod DeGonia for their participation and look forward to our continued collaboration to equip businesses and county residents for future economic opportunities.
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VICA Addresses LA County Board to Oppose Rent Control Measures | |
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On Wednesday, VICA spoke before the Los Angeles County Board of Supervisors to oppose Items 35 and 65 within the County Rent Control Ordinance, which propose capping annual rent adjustments at 3% and setting a restrictive “fair return” formula for property owners. VICA highlighted that the proposed 3% cap does not align with the economic pressures facing housing providers, who have seen operating costs rise 47% from 2015 to 2022, far surpassing the Consumer Price Index increase. VICA emphasized that such measures could lead to deferred maintenance and ultimately reduce the availability and quality of rental housing.
Despite VICA’s concerns, support for the ordinance was strong among tenant advocacy groups. Supervisors voiced an interest in addressing affordability, with limited acknowledgment of the financial challenges for housing providers. VICA also underscored issues with the “fair return” formula, which overlooks essential costs like mortgage and debt obligations, adding further financial strain on property owners.
VICA will continue to monitor this ordinance as it progresses, advocating for a balanced approach that supports affordability while ensuring the operational viability of rental housing providers. Expanding the housing supply and offering direct renter assistance remain key strategies to address the region’s housing challenges without compromising the rental market’s stability.
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Stay informed and empowered with VICA’s Government Handbook, proudly sponsored by Clay Lacy Aviation and The Metropolitan Water District of Southern California. This essential resource provides key insights into legislative processes at all levels, helping businesses, advocates, and community members navigate the complexities of government. With the latest updates and tools, it’s your guide to making an impact in the San Fernando Valley and beyond. | |
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L.A. Metro Board Approves $798 Million Amendment to Funding Agreement with Foothill Gold Line Construction Authority
The L.A. Metro Board approved a $798 million amendment to fund the final 3.2-mile Foothill Gold Line segment from Pomona to Montclair. Using California's Transit and Intercity Rail Capital Program funds, this top-priority project will enhance sustainable transit, reduce emissions, and improve regional mobility. The San Bernardino County Transportation Authority contributed $80 million for its segment. The Construction Authority will award a design-build contract in 2025, completing a 25-station system connecting Montclair to Los Angeles. Read more.
After Trump’s Reelection, Conservatives Promote Project 2025
Following Donald Trump’s reelection, the Heritage Foundation’s “Project 2025” has gained renewed attention as a detailed blueprint for reshaping U.S. government policies. This 922-page agenda, crafted for a conservative administration, proposes reforms such as restructuring federal agencies, limiting abortion access, eliminating the Department of Education, and promoting “biblically based” heterosexual marriages. Though Trump distanced himself from Project 2025, supporters now openly endorse it, emphasizing radical government overhaul on topics from environmental policies to LGBTQ+ rights. Read more.
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Los Angeles Commission Proposes $500K Salary for Next LAPD Chief
A Los Angeles committee is set to discuss a $507K salary for former county sheriff James McDonnell, likely the next police chief. This proposed salary surpasses his predecessor's and those of chiefs in New York, Chicago, and Houston. Although city officials are addressing budget challenges, McDonnell wouldn’t be the city's highest-paid employee. Janisse Quiñones, general manager of the Department of Water and Power, earns $750,000, funded by the DWP's revenues. Read more.
Gov. Gavin Newsom Calls for Special Session to Protect ‘California Values’ After Trump’s Win
Governor Gavin Newsom has called a special legislative session on December 2 to bolster California’s legal defenses in response to former President Trump’s reelection. The session aims to increase resources for the state’s Department of Justice to protect reproductive rights, climate policies, and immigrant communities from potential federal challenges. California Republicans criticized the move as political posturing. Attorney General Rob Bonta affirmed the state’s readiness, emphasizing preparations to counter Trump’s policy agenda threatening California’s progressive values. Read more.
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VICA Thanks Our New and Renewing Members | | |
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President's Circle
Bronze Members
Renewing Members
New Member
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New Omakase Restaurant in Woodland Hills
We are excited to share the opening of a brand-new Omakase restaurant in Woodland Hills, offering an exclusive opportunity for our VICA members!
B2B Soft Opening Offer:
For a limited time, enjoy a $150 Full-Service Omakase Voucher for just $75! Experience a premium chef-curated omakase dining adventure at half the price.
Offer Expires: November 30, 2024
To RSVP or for more information, please contact:
Email: info@ajimorihouse.com
Phone: 1 (818) 400-8169
Don’t miss this chance to savor an exceptional culinary experience while supporting a new local business.
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Get Your Message in VICA Weekly!
VICA members can promote their business, events and news in VICA Weekly. Member messages are available for $50 per week or $175 for four weeks. Messages are text-based and may not contain more than 70 words. A logo may be added for an additional $5 per week. For more information or to schedule your member message, contact yoko@vica.com or call (818) 817-0545.
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ABOUT VICA
Presenting the business perspective on behalf of employers in the
San Fernando Valley cities of Los Angeles, Burbank, Glendale, Calabasas,
Hidden Hills, San Fernando and Santa Clarita.
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