LOS ANGELES : Council Forms Panel to Discuss Budget Cuts
The Los Angeles City Council has formed a committee to study a budget deficit for the next fiscal year that could reach more than $500 million, council President John Ferraro said Thursday.
City Councilman Zev Yaroslavsky, who will chair the committee, said “everything is going to be on the table” in the discussions of what could amount to the most serious financial shortfall in the city’s history.
Among the options to be discussed will be eliminating the arts endowment and certain redevelopment projects, and scrapping the Board of Public Works, Yaroslavsky said. Other council members are expected to propose that, for the first time, residents pay for the total cost of refuse collection.
Joining Ferraro and Yaroslavsky on the committee are Controller Rick Tuttle and council members Marvin Braude, Richard Alatorre and Rita Walters.
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