George Skelton

Essential California: The billion-dollar budget item Garcetti didn't mention last week

Essential California: The billion-dollar budget item Garcetti didn't mention last week

Good morning, and welcome to the Essential California newsletter. It’s Tuesday, April 25, and here’s what’s happening across California:

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What Garcetti didn’t mention

Last week at his State of the City speech, Los Angeles Mayor Eric Garcetti neglected to mention the more than $1.1 billion needed to pay for city employees’ pensions and healthcare after they retire. The cost of retiree benefits amounts to nearly 20% of the city’s general fund, which pays for basic city...

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