Mayor Bass Signs a $13.9B Budget to Close a $1B Deficit
CONFIRMED89% CONFIDENCEABC7[1]/CNS, Saturday 7 June 2025: "Bass signed the spending plan on Friday, the last day she could do so under a City Charter deadline"; the budget covers fiscal year 2025-26, which ends 30 June 2026.
Facing a nearly $1 billion shortfall, Mayor Karen Bass signed Los Angeles's roughly $14 billion 2025-26 budget on the charter deadline, restoring more than 1,000 of the positions her April plan had slated for layoff.
$13.9B