The “Los Angeles 2020 Commission” will be tasked with offering solutions for a projected $165 million deficit for the next fiscal year beginning in July.
Riding a wave of new tax revenue, California’s spending plan for the coming fiscal year will rise by nearly $5 billion, a powerful indication that the state that came to symbolize fiscal mismanagement during the heart of the recession is emerging into brighter days.
An estimated 800,000 homeowners will be asked to pay as much as $150 per each rural property annually to fund firefighting efforts amid what Sacramento is calling an increased wildfire risk.
After months of failing to find a way to gain ground in the presidential campaign, Mitt Romney has hit the reset button by picking Paul Ryan as his running mate, but once the dust has settled and the Conventions are over, it is hard to see how Romney will have changed the direction of the 2012 presidential campaign.
The Baldwin Park City Council is looking to neighboring El Monte for inspiration on a proposed tax on sodas and other sugary drinks.
Critics fear the vote to raise parking fines as high as $93 could disproportionately impact lower-income residents of high-density neighborhoods.
California lawmakers may have passed a budget on time to get paid, but their plan to close a $15.7 billion shortfall carries a big risk on the assumption that voters will approve Gov. Jerry Brown’s tax increase this fall.
Lawmakers in Sacramento were scrambling on Wednesday to patch together a state budget proposal ahead of a deadline for the legislature to pass a new fiscal plan.
Gov. Jerry Brown wants to shift the safety net protecting California’s neediest residents.
Next time you park your car anywhere in Los Angeles, make sure you carry some change to feed the meter or you could end up coughing up big bucks.
Gov. Jerry Brown is expected to arrive in Los Angeles Monday afternoon to pitch his plan to fix the state’s budget deficit.
A proposed increase in parking fines could end up costing taxpayers nearly twice as much as they paid when Mayor Villaraigosa first took office.
Mayor Antonio Villaraigosa announced Thursday that he will call for layoffs of city workers as part of his budget next month, but wouldn’t specify how many jobs would be slashed.
Mayoral contenders and bloggers alike are blasting City Hall for a recent wave of cost-cutting measures that they say could eventually backfire.
Rep. Karen Bass (D-Los Angeles) is one of the participants of the Congressional “super-committee” that was created to cut as much as $2 trillion from the nation’s ballooning budget deficit.
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