LA mayor: $800M deficit, layoffs coming,
seeking bailout
The Center Square,
by
Kenneth Schrupp
Original Article
Posted By: ConservativeYankee,
4/22/2025 11:16:26 AM
Los Angeles Mayor Karen Bass said Monday the city faces an $800 million deficit, plans plans to lay off 1,647 staff, is seeking a state bailout and has “identified new revenue.”
Bass blamed the Trump administration and the economy for falling revenue.
“Cities like ours are going through challenging economic times across the nation,” said Bass. “Turmoil and uncertainty from Washington and a slowing economy are causing lower revenue projections.”
With 61,455 employees, 1,647 layoffs equate to a workforce reduction of 2.7%. With just over $8.3 billion paid out in payroll last year, the city pays its employees an average of $135,355 per year, or more than
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Reply 1 - Posted by:
Jesuslover54 4/22/2025 11:18:23 AM (No. 1937610)
Cities like ours means Democrat cities.
7 people like this.
Reply 2 - Posted by:
DougTN 4/22/2025 11:28:10 AM (No. 1937625)
If bankruptcy was good enough for Detroit…
6 people like this.
Reply 3 - Posted by:
snowoutlaw 4/22/2025 11:52:26 AM (No. 1937651)
Problem is when Dems cut they only cut things people want and need. The plan is to make it hurt so they can get what they really want which is tax increases.
7 people like this.
Reply 4 - Posted by:
Venturer 4/22/2025 11:56:52 AM (No. 1937654)
It aint Jack Webb's Los Angeles any longer.
People camping out on the streets all drugged up, the police afraid to enforce the law.
A once beautiful city destroyed by wokeness, and blaming others for their incompetence.
8 people like this.
Reply 5 - Posted by:
Starboard_side 4/22/2025 12:09:16 PM (No. 1937671)
#3, that's always been their go-to plan, cut things people want/need, then claim they need to raise taxes or some fee to pay for it.
The real problem, the city's average payroll of $135,355 per year.
The lowest pension plan would be 2% so after 35 years on the job times 2% they'll be paying out 70% of their final and highest salary in a pension ($94,784) which will then have annual increases and cost of living increases too. And most complain "well, we don't get social security".
The population of LA is 3,820,914 as of 2023, so with 61,455 employees that works out to roughly 1 city worker for every 62 persons in Los Angeles.
Basically, the equivalent of 2 class rooms if you were to view as a teacher. But how well do most people know their city employees like the children and parents know their teacher?
The real problem, they've created too much government, so they could ensure reliable votes, but not an economy that can support it. Too many regulations, fees, high gas prices, high electricity, essentially high cost to live.
7 people like this.
Reply 6 - Posted by:
rememberwhen 4/22/2025 12:21:01 PM (No. 1937680)
Rots of ruck on the state bailout. In case you haven't noticed. Californistan is in even worse fiscal shape.
4 people like this.
Reply 7 - Posted by:
planetgeo 4/22/2025 1:09:39 PM (No. 1937737)
ALL Democrat governments at every level are essentially grifting scams for public employees to suck as much money from the taxpayers as possible both during their working years and especially in retirement. They are ALL going to go bankrupt.
2 people like this.
Reply 8 - Posted by:
cartcart 4/22/2025 1:14:56 PM (No. 1937744)
What if the emoloyee’s families, mortgages, student loans, car loans, drug costs. She is heartless.
1 person likes this.
Reply 9 - Posted by:
stablemoney 4/22/2025 1:24:45 PM (No. 1937751)
Newsom can bail out LA. Oh wait, Newsom is asking for the federal government to bail out Ca.
2 people like this.
Reply 10 - Posted by:
franco 4/22/2025 2:29:59 PM (No. 1937770)
CA is already deficit-spending -- and has been since the days of Grey-out Davis. There seems to be little regard for the CA Constitution that calls for a balanced budget... and the bond market doesn't seem to mind this violation of the law so long as their generous coupons are being paid. So I'm sure Mayor Bass can get Gov. Newscum to bail her out.
All Californians will pay for it in tax increases initially. But the people of LA will ultimately see the biggest tax increases. Far as Gov. Newscum seeing a federal bailout -- that train left the station when FJB left office. That won't be a possibility with PDJT running the executive branch.
1 person likes this.
Maybe most of the productive population has moved out…leaving only Dems and bums…
3 people like this.
Reply 12 - Posted by:
rochow 4/22/2025 4:06:28 PM (No. 1937831)
Well, all those trips to Paris and Africa first class to run into money. Who would give this POS a dime???
1 person likes this.
Reply 13 - Posted by:
mseegal 4/22/2025 10:13:21 PM (No. 1937983)
Why should sane taxpayers bail out the insane lunatics in California?
1 person likes this.
Reply 14 - Posted by:
mifla 4/23/2025 5:11:33 AM (No. 1938012)
I wonder if all the laid off employees will shop around for an activist judge to help them keep their jobs?
0 people like this.
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