ORANGE
In anticipation of receiving $5.8 million from various settlements relating to the Orange County bankruptcy, the city included that money in a preliminary budget review last week. But City Manager David Rudat pointed out that only 15.5% of the funds will go to the General Fund; the rest will be disbursed in restricted funds, such as the Redevelopment Agency. The budget will be approved in May.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
