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Los Angeles Downgraded to AA- by S&P Due to Budget Woes
Los Angeles had its credit rating downgraded one level to AA- by S&P Global Ratings, which cited the city’s deteriorating ...
LAist on MSN23h
Your non-politician’s guide to LA’s incoming city budget
Jacky Guerrero is the director of equity in community investments for the nonprofit Catalyst California in L.A. She works to ...
Just The News6h
LA's credit rating downgraded due to 'structural imbalance' amid $1 billion deficit
Los Angeles Mayor Karen Bass is currently seeking a state bailout, but given that the state says it has “no capacity” for new ...
Los Angeles mayor proposes slashing over 1,600 city jobs to close budget hole
Los Angeles Mayor Karen Bass is proposing laying off over 1,600 government workers to close a yawning budget gap.
ABC7 KABC on MSN2d
LA faces a nearly $1 billion budget shortfall. ABC7 took a deep dive into the financial mess
Mayor Karen Bass is proposing laying off more than 1,600 city works to balance the budget. So how did the city get into such ...
In Sacramento, Mayor Bass seeks state money to close nearly $1-billion budget gap
Los Angeles Mayor Karen Bass returned to Sacramento Wednesday to lobby state leaders for money to help close the city’s ...
Hey SoCal on MSN3d
Bass calls for layoffs, spending cuts amid nearly $1B budget deficit
Facing a historic budget shortfall of nearly $1 billion, Los Angeles Mayor Karen Bass on Monday proposed deep cuts to the ...