A grassroots campaign fighting to develop a sustainable budget for the city of Los Angeles

CAO’s Mid-Year Report of DECREASED REVENUES

Miguel A. Santana, the City Administrative Officer, send the following letter to the Mayor and the Council with a report on the General Fund revenue.

The receipts are now projected to be $185.9 million below the adopted budget and $100.6 million below the September and November revisions included in earlier financial status reports.

Download letter in pdf here.

Leave a Response

You must be logged in to post a comment.