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Updated · Bloomberg · Apr 20LA Mayor Bass Unveils $14.9bn Budget with No Layoffs and Boosted Revenues
2 articles · Updated · Bloomberg · Apr 20
- Los Angeles Mayor Karen Bass has proposed a $14.9 billion city budget for 2026-27, buoyed by increased tax revenues.
- The plan avoids layoffs, maintains current service levels, and includes hiring 510 police officers and continued funding for homelessness initiatives.
- The proposal, which now heads to the City Council, reflects improved finances after last year's deficit and comes amid Bass's re-election campaign.
With homicides at 1950s levels, why does the budget prioritize police hiring over other underfunded city services? Will proposed tax hikes on tourists and shoppers be enough to prevent future cuts to essential city services? Why does the Mayor’s optimistic revenue forecast clash so sharply with the City Controller's cautious projection? How can Los Angeles solve its financial crisis if new taxes deter the very development needed for growth? Is LA's 'mansion tax' costing the city more in lost revenue than it generates for housing? Can the LAPD hire 510 new officers when its current recruitment process takes up to a year?