L.A. Controller Urges Budget Restraint as Spending Set to Outpace Revenue Growth
March 1, 2019
L.A. Controller Ron Galperin released the City’s revenue forecast, highlighting projected growth in crucial revenue sources — but also warning that government spending could eclipse revenue growth next year. The annual “Revenue Forecast Report,” online at lacontroller.org/revenue, provides updated estimates of current year General Fund and special fund revenues, and also projects how much money will come into the City’s coffers in the next fiscal year.