| Submit your comments on this article | ||
| Government Corruption | ||
| L.A. Faces 'Inevitable' Layoffs of Thousands of City Employees Due $1 Billion Deficit | ||
| 2025-03-21 | ||
L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now just shy of $1 billion, making layoffs “nearly inevitable.” Szabo, in his presentation to the council Wednesday, attributed the city’s financial woes, in part, to increased spending on legal payouts, which have ballooned over the past few years. Tax revenues have been coming in much weaker than expected — and are expected to soften further in the upcoming budget year, which starts July 1. Mayor Karen Bass put a positive spin on the shortfall, issuing a press statement hailing the opportunity to make “fundamental change in the way the City operates” and promising to “reduce spending significantly while protecting essential services.” Bass blamed the Palisades Fire, which not only required more emergency spending, but also reduced the city’s property tax base. She called for “sweeping structural reform of the City’s budget and operations.” She wrote a letter to Szabo, telling him to produce a budget that would save between $500 million and $900 million. While struggling with a staggering budget deficit, the City Council voted unanimously in November to become a “sanctuary city,” welcoming illegal migrants despite the fact that they consume more of the city’s scarce services. It is unclear how L.A. will prepare for the challenge of hosting the Olympic Games while city budgets continue to fall. Los Angeles is not alone: San Francisco also faces a $1 billion deficit, despite hundreds of millions of dollars being pumped into the city by the Biden administration’s spending, which came at the end of the coronavirus pandemic. | ||
| Posted by:Skidmark |
| #9 #8 (Above)...writing a book would only be worthwhile if it would move the needle to the right. However,the union/DNC complex is deep and wide so in my lifetime not optimistic that Iron Dome can be can be breached. |
| Posted by: jack salami 2025-03-21 22:03 |
| #8 ^^^^^ More than most you see the inner workings of CA politics at its worst. You should write a book! |
| Posted by: NoMoreBS 2025-03-21 15:03 |
| #7 I see lots of LA contracts and they are obscene- many DEI crap including defining a juvenile up to age 26. Freakin maniacs. |
| Posted by: Jack Salami 2025-03-21 13:53 |
| #6 Angelenos finding out the hard way that elections have consequences. |
| Posted by: Abu Uluque 2025-03-21 12:43 |
| #5 Mayor Bass, would you say this is deh ghaaayeeest budget shortfall evah?! /hollywood reporter voice |
| Posted by: swksvolFF 2025-03-21 12:07 |
| #4 Expensive boutique beliefs funded by robbing basic and fundamental functions of government. |
| Posted by: Procopius2k 2025-03-21 07:53 |
| #3 How Los Angeles Is Getting Scorched by Its Homeless Problem |
| Posted by: Skidmark 2025-03-21 06:26 |
| #2 CAL. Voters exactly got what they voted for and/or supported. OPEN BORDER's & welcoming NON-Taxpaying leeches in LA county. Los Angeles County’s is a sanctuary county with a population of 9,663,345. Of that number, well over 1,100,000+ (11.38%+) are Illegal immigrants (based on 2025 #'s). Maybe LA needs to rethink that next election? |
| Posted by: NN2N1 2025-03-21 05:41 |
| #1 Mayor Karen Bass... Go ahead, keep putting these "fundamentally non-serious" choices in positions of power. It will almost always end up this way. |
| Posted by: Crusader 2025-03-21 00:46 |