Los Angeles County Board approves $23.2 billion budget |
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Postponing decisions about possible layoffs and further cuts in public services, the Los Angeles County Board of Supervisors gave final approval Monday to a $23.2 billion budget for 2010-11.
LA Daily News | Published: 06/08/2010 07:53
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Although the budget benefited from an extra $44 million in sales tax and vehicle license fee revenues, Chief Executive Officer Bill Fujioka said the county still faces enormous financial uncertainties. The biggest is the potential loss of $1.25 billion in state funding when lawmakers finalize California's budget in the late summer or early fall.
"This year continues to be a strong challenge," Fujioka said. "We are dealing with the uncertainty in both the federal budget and state budget. We have a number of concerns of what is happening at the state level."
The approval of the final budget comes as the Board of Supervisors in recent weeks has expressed growing concerns that layoffs might be unavoidable and that the county budget could be in even worse shape than originally feared.
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