The job of making Los Angeles run more like a business to cope with budget deficits that may exceed $500 million in four years belongs to the son of illegal Mexican immigrants who grew up poor in the city’s suburbs.
A rebounding Southern California economy will increase revenue to Los Angeles by 5.1 percent next year, though locked-in employee costs are growing even faster, City Administrative Officer Miguel Santana said.
Los Angeles taxpayers spent almost $15 million last year to subsidize the city zoo, enough to pay 300 rookie cops. Expenses included $2,000 to clear up the bladder infection of a guinea pig named Sophia.
Los Angeles faces tens of millions of dollars in additional borrowing costs after the City Council told anti-Wall Street protesters it intends to cut ties with banks involved in financial wrongdoing, Administrative Officer Miguel Santana said.