Mayor Antonio Villaraigosa on Thursday signed off on a $6.7 billion city budget that slashes city services, raises fees and could lead to up to 1,700 layoffs.
Villaraigosa made only one minor line-item veto to the spending plan, rejecting the City Council’s effort to assert partial control over anti-gang programs that now operate out of the mayor’s office.
City officials said the signing of the budget, which at one point was facing a shortfall of about $485 million, allows them to now turn their attention to the city’s long-term fiscal problems like pension and health-care reform.
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