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LA City Faces Projected $400M Shortfall After January Wildfires

As the city of Los Angeles faces serious financial headwinds exacerbated by January’s wildfires, the City Controller Friday encouraged residents to “pay attention” as the mayor is set to release her proposed budget next month. Earlier this week, City Administrative Officer Matt Szabo warned of a potential $400 million shortfall in fiscal year 2025-26 as […]

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