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villager Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-15-09 02:49 PM
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Los Angeles Facing Fiscal Emergency Declaration
Source: EGP News Service

L.A. Facing Fiscal Emergency Declaration

By EGP News Service

Layoffs and mandatory furloughs are no longer an option but a necessity, Mayor Antonio Villaraigosa told City Council members Tuesday in a letter that asks them to declare a fiscal emergency.

The city could run out of cash between November and February, Villaraigosa informed the 15-member council, which has final say over most spending.

In fiscal 2009-10, Los Angeles faces a $529 million budget deficit, which could balloon to $1 billion in FY 2010-11. The fiscal year starts July 1.

For those reasons, the mayor asked the council to declare a fiscal emergency.

These steps are painful. Despite our best efforts to mitigate the fallout from these actions, they will lead down a road that short-changes street repair, cuts library hours, takes traffic officers off the streets and reduces other vital services, Villaraigosa said in a speech to Town Hall Los Angeles Tuesday afternoon.

Within 30 days, the mayor will implement a furlough plan that requires most city workerspolice and firefighters are exemptto take 26 unpaid days of leave sometime in the coming fiscal year.

By declaring a fiscal emergency, the city could move forward with the furlough plan without the approval of the employees unions.

<snip>

Read more: http://egpnews.com/?p=9730
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ProgressiveProfessor Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-15-09 02:54 PM
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1. The arguing is not over on the severity yet
Several council members are going to make a lot of noise about this before its accepted, if its accepted
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-15-09 06:47 PM
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2. What, exactly, do we need these clowns for?
What do they do that is useful? Let's "cut" Villaraigosa and the City Council instead, the schools could use the extra money.
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