L.a. Budget Chief Warns Of Bankruptcy Without Tax Hikes, Layoffs

Stagnant revenue and rising employee costs threaten City Hall with a $222-million shortfall, official says. A proposal to outsource ambulance services provokes anger from firefighters union.Los Angeles' top budget official raised the specter of bankruptcy Friday in a sweeping report that calls for new taxes, possible layoffs and the privatization of some city services.

Sections:  news   u.s.   politics   
RELATED ARTICLES
  • Top Editors Abruptly Leave Village Voice
    Will Bourne, who became editor in chief of The Village Voice in November, and Jessica Lustig, the deputy editor since January, are leaving the weekly publication. They met with the staff at 11 a.m. on Thursday and said that Christine Brennan, executive editor of Voice Media Group, had instructed them to lay off or drastically reduce the roles of five employees on the 20-person staff. More
  • For some Detroit services, call the D.I.Y. Dept.
    Detroit may be broke but it will soon have a first-rate motor pool, featuring 23 new ambulances and a fleet of 100 new police cars. Some city parks also are getting tender loving care. New fruit trees and shrubs have been planted, and mowing crews are beginning to make the rounds to keep the green spaces tidy. More
  • One flight closer to space tourism
    Virgin Galactic is one flight closer to becoming a commercial "spaceline." The company's passenger spacecraft, SpaceShipTwo, completed its first rocket-powered flight Monday morning above the Mojave Desert in California. More
  • Police confiscate 4-foot, 2-pound marijuana joint
    California police confiscated a mammoth joint during a 4/20 pot rally on Saturday, reports the Los Angeles Times. As the paper notes, hundreds of UC Santa Cruz students gather each year for the event, and each year campus police confiscate things like bongs and dime bags. More
  • Family of assaulted Calif. teen who committed suicide planning legal action
    The attorney for the family of a California girl who committed suicide after she was sexually battered and then cyberbullied with a humiliating photo plans to file a civil action against the suspects Monday. More
BING NEWS:
  • Judge Clears Way for Sale of O.C. Register Parent Company — But Not to L.A. Times Owner
    The sale of the parent company of the Orange County Register and Riverside Press-Enterprise can go ahead after a bankruptcy judge today approved the purchase by Digital First Media, the Los Angeles Times reports. “The $52.3 million offer prevailed over a ...
    03/21/2016 - 8:23 am | View Link
  • L.A. budget chief warns of bankruptcy without tax hikes, layoffs
    Los Angeles' top budget official raised the specter of bankruptcy Friday in a sweeping report that calls for new taxes, possible layoffs and the privatization of some city services. Chief Administrative Officer Miguel Santana said rising employee costs ...
    04/6/2012 - 4:09 pm | View Link
  • More
BING SEARCH:
  • Today's Stock Market News and Analysis
    Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.
    11/20/2017 - 1:08 am | View Website
  • Texarkana Gazette | Texarkana Breaking News
    Texarkana, Texas and Arkansas newspaper. Includes news, sports, opinion, and local information.
    11/20/2017 - 12:18 am | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    11/19/2017 - 10:13 am | View Website
  • Communities — Voices and Insights
    It never ceases to amaze me the way the left attempts to rewrite history. I find it especially dangerous that our millennial generation is so misinformed about the ...
    11/19/2017 - 9:30 am | View Website
  • Politics News | Breaking Political News, Video & Analysis ...
    Get up to the minute breaking political news and in-depth analysis on ABCNews.com.
    11/16/2017 - 10:48 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News