
Mayor sends Council a five-year extension of city billing and mailing contract
The Office of Finance wants Electronic Output Solutions to keep printing and mailing tax and permit notices through May 2032.

The Office of Finance wants Electronic Output Solutions to keep printing and mailing tax and permit notices through May 2032.

The city would keep receiving annual state taxpayer data used to find businesses operating without a tax registration.

The Office of Finance recommends the City Council instruct LAPD and the City Treasurer to process $519,097.54 from the Unclaimed Monies Seized Incidental to Arrest Trust Fund No. 7772 and request the Controller transfer it to the General Fund. LAPD requested escheatment of $539,783.54 on November 18, 2025, and one claim of $20,686.00 was processed after publication of notices in March 2026.

A fourth amendment would add $1,223,891 to keep the 20-year-old LATAX billing system running through September 2027.

The city's pooled investments returned 3.37% in book yield for the month, below the 3.89% benchmark.

The rules governing how the city invests its cash reserves would stay as they are for the year beginning July 1, 2025.