Frank Stoltze covers criminal justice for the LAist newsroom.
If you're enjoying this article, you'll love our daily newsletter, The LA Report. Each weekday, catch up on the 5 most pressing stories to start your morning in 3 minutes or less.Four months into the fiscal year, the city of Los Angeles has already overspent its budget by nearly $300 million, according to a report released this week by the City Administrative Officer .
“The warning alarms are appropriately going off,” said Bob Blumenfield, chair of the City Council Budget Committee. He said cuts in city services would likely be needed to address the problem in the $12.8 billion budget.“We’re talking about slowing down the hiring, which has real impacts on services,” he said. “We’re talking about asking departments to absorb some of these deficits within their departments, which also has an impact on services.
Deferred maintenance has played a role, too. “Our sidewalks haven’t been getting better in the last several years, they’ve been getting worse, which means there are more trip and falls,” Blumenfield said.The CAO has recommended borrowing up to $80 million to cover some of the legal costs. The move would help with the short term problem, but increase the city’s debt.
The labor contract mirrored similar agreements with other city unions that the city signed last fiscal year. Each contract continues to weigh on the current budget. “Forecasts specific to the state and local economy predict subpar economic growth throughout 2024 and increasing unemployment with indicators not anticipated to improve until the end of 2025,” the report stated.The City Council Budget, Finance and Innovation committee will consider the report at a meeting Wednesday at 2:30 p.m.
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