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In this session on the City Budget, participants will explore areas of concern to Angelenos: the Structural Deficit and the impact of labor agreements, unfunded pension liabilities, and deferred maintenance on the City’s Four Year Budget Outlook; the resulting impact on basic services the City provides; the importance of a healthy Reserve Fund; and the concept of Intergenerational Theft and how it affects future generations. Attendees will gain insight into a deeper level of the City’s budget situation and leave with a better understanding of the City’s financial future.
Speakers:
Jack Humphreville and Liz Amzden
Neighborhood Council Budget Advocates