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.
L.a. Budget Chief Warns Of Bankruptcy Without Tax Hikes, Layoffs
By Kate Linthicum, Los Angeles Times, Los Angeles Times
Sat, 04/07/2012 - 12:00am
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