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Office of Finance: tax-deadline extensions granted; 164 applications for tax-relief waiver so far
Summary
The Office of Finance reported automatic tax-deadline extensions in affected ZIP codes and a separate relief program that would waive 2025 tax liability for qualifying businesses. Staff said they have received roughly 164 tax-relief applications to date and are approving about 50—0to—060% of them.
Matt Crawford of the Office of Finance updated the committee on business tax relief measures for wildfire-affected businesses.
Crawford said the Office of Finance automatically extended renewal deadlines to April 14 for businesses registered in the three primary Palisades ZIP codes (90272, 90402 and 90409). For businesses outside those ZIP codes that were directly affected, the office opened a request process to seek an extension; about 782 extension requests were received and roughly one-third were approved, the office said.
The Office of Finance also described a tax-relief option modeled on post-1994 earthquake relief, under which a business—0s 2025 tax liability would be waived. Applicants who qualify would have their 2025 liability removed and their accounts resubmitted to the city system after a period. Crawford said the department had received 164 applications for the tax-relief program (the waiver); reviewers have approved 50—0to—060% of those applications so far and are asking for supporting information in many other cases. The deadline to apply for either relief option is April 14.
Crawford asked council members to help push outreach; the department reported emailing roughly 16,000 addresses to announce the programs and planned a follow-up outreach in April. He said many businesses in the affected area had already renewed: roughly 3,500 businesses in the Palisades area had filed their renewals by the February deadline.
Ending: Office of Finance staff said they are prepared to process more requests and will continue outreach to affected businesses; the committee voted to note and file the Finance report.
