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Mayor Bass releases proposed budget effort to close $1 billion shortfall.
As was announced last month, the city is facing a major shortfall in our budget for the upcoming fiscal year. On a Zoom webinar this morning with Mayor Karen Bass’ staff, the office disclosed that much of the budget gap was the result of lower revenues than were previously projected and higher overall costs,
LOS ANGELES – Los Angeles is experiencing a full-blown budget crisis. A month ago, the financial gap was estimated at just shy of $1 billion, delivering another headache for Mayor ...
City Controller Kenneth Mejia warned that unless things change, cuts to city services and hiring freezes will continue.
Bass, who releases her budget for 2025-26 on Monday, has been weighing whether or not to lay off more than 1,500 workers.
LOS ANGELES (KABC) -- Wildfires earlier this year devastated Los Angeles County, and now, they're devastating the county budget, too. "Our revenue outlook is challenging, to put it mildly," ...
Los Angeles County is facing a mounting financial crisis, its top manager said Monday, as expected cuts in federal funding, a ...
This story was originally published by CalMatters. Sign up for their newsletters. By Alexei Koseff, CalMatters With the state budget hanging precariously in the balance, Gov. Gavin Newsom announced ...
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