New Pension Numbers: A Banner Year, but LA Still Billions in the Hole
While the City’s two pension funds experienced excellent returns on their investment portfolios for the fiscal year ending June 30, 2014, it still has a
While the City’s two pension funds experienced excellent returns on their investment portfolios for the fiscal year ending June 30, 2014, it still has a
The City of Los Angeles is on the hook for an estimated $10 billion to repair its fractured infrastructure. This includes not only the City’s
As part of Mayor Garcetti’s agenda for fiscal responsibility, the Board of Administration of the Los Angeles Employees Retirement System (“LACERS”) took the long term
With lots of fanfare, The Los Angeles Times is relaunching the California section with an increased emphasis on local and statewide news with “in-depth coverage
On Wednesday, the Herb Wesson led City Council approved the Citywide Hotel Minimum Wage Ordinance without considering the impact on the hotel industry, the Convention
The City and the Police Protective League, the union that represents the 10,000 sworn members of our Police Department, are at an impasse over salary
In January, the LA 2020 Commission’s report, A Time for Truth, pointed out that the City of Los Angeles had 10% fewer jobs than two
Now that Austin Beutner, the Co-Chair of the Los Angeles 2020 Commission, is the new Publisher and Chief Executive Officer of the Los Angeles Times,
The high profile rupture of a high pressure water trunk line on Sunset Boulevard that dumped 20 million gallons of water (160 million pounds) onto