LOS ANGELES — Los Angeles Controller Wendy Greuel has released an economic forecast projecting a $200 million deficit next year and recommending that the city focus on structural budgetary changes instead of relying on one-time revenues and expenditure deferrals.

“One-time solutions intended as a bridge to better times may prove to be a bridge to nowhere if a full economic recovery does not rapidly materialize,” Greuel said in the forecast, released Friday.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.