Pins matching tag:"City Budget"

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.

Mayor Karen Bass signed agreements with SEIU 721, AFSCME and other unions that averted the last of the roughly 600 civil-service layoffs and the planned furloughs in the 2025-26 budget, closing the city's $1 billion deficit.

Mayor Karen Bass signed a $14.85 billion balanced budget for fiscal 2026-27, $750 million more than the year before, keeping Inside Safe, funding 510 new police officers and more street and sidewalk repair.

The council unanimously approved a budget closing a $118 million structural deficit, restoring some library and recreation-center hours and most arts funding while keeping the Flock license-plate reader contract.

After a near-rejection, protests and arrests, councillors approved the $4.9 billion operating budget with $11.8 million of amendments, alongside a $4.4 billion five-year capital plan.

The City Council approved Mayor Mamdani's first budget on 30 June, the largest expense budget in Council history, adding $350 million to reserves and $300 million over two years for a new rental-assistance program. It was agreed with Speaker Julie Menin the same day.