Updated: Villaraigosa Presents $7 Billion Budget

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Los Angeles Mayor Antonio Villaraigosa today released a proposed $7.05-billion city budget that relies heavily on gaining concessions from unions, including police officers and firefighters, and leasing out city-owned parking garages to close an estimated $530-million shortfall.

Villaraigosa also proposed a 10 percent reduction in personnel costs for all city departments to save about $200 million, cuts that could be achieved through options that include potential layoffs, early retirements, work furloughs or city workers agreeing for forgo cost-of-living raises. The mayor said he would start by cutting his $223,000-a-year salary by 12 percent and freezing all salaries in the mayor’s office.




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