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Layoffs 'nearly inevitable' as LA faces city budget shortfall of nearly $1 billion
A top financial advisor to the city of Los Angeles shared a grim outlook for fiscal year 2025-26, saying elected officials ...
$1 billion LA budget gap could mean ‘thousands’ of layoffs, service cuts
City Administrative Officer Matt Szabo said Mayor Karen Bass’ proposed budget will close that gap, but it will require ...
Mayor Bass faces nearly $1 billion city budget shortfall, L.A.’s top financial advisor says
The top financial advisor for Los Angeles says the city is facing a nearly $1 billion budget shortfall heading into the 2025-2026 fiscal year. The budget crisis means the city’s already ...
LAist7h
LA’s budget outlook is not looking good
Today on AirTalk, the financial cost of the wildfires, amongst other management decisions, has led to a budget shortfall ...
LA faces $1 billion budget hole, warns of thousands of layoffs
Los Angeles is facing a projected deficit of nearly $1 billion in the next fiscal year as the city grapples with the ...
MyNewsLA.com on MSN4h
LA Controller Mejia Reiterates Long Term Structural Reform Needed to Fix Budget
A day after a top financial advisor announced Los Angeles is facing a nearly $1 billion gap in the next fiscal year, City ...
Tesla announces another broad Cybertruck recall, this time over glue
Tesla Inc. recalled all the Cybertrucks it produced and sold in the first 15 months it’s been on the US market over a safety ...
Audacy on MSN5h
L.A. needs 'long-term structural reforms' to fix budget: City Controller
A day after a top financial advisor announced Los Angeles is facing a nearly $1 billion gap in the next fiscal year, City ...
ABC7 KABC on MSN20h
Homeless population in LA County down for second year in a row, preliminary data shows
Preliminary data released exclusively to Eyewitness News shows the number of homeless people in Los Angeles County dropped for the second year in a row.
LA faces $1 billion shortfall, may eliminate entire departments
() - The City of Los Angeles faces a nearly billion dollar deficit for the coming year, with the city’s budget crisis predating the recent Palisades Fire.
Red State Observer19h
Los Angeles Faces Budget Crisis Amid Rising Deficits
Budget Crisis Looms Over Los Angeles as City Leaders Grapple With Deficits** Los Angeles is facing a staggering $1 billion budget gap as fiscal year 2025-26 approaches, sparking ...