Los Angeles Controller Wendy Greuel Tuesday recommended that the city consolidate its treasurer’s office with other financial operations.

“With the city facing a $350 million budget deficit next fiscal year, we must pursue every opportunity to create efficiencies and save money,” Greuel said in a statement. “I am recommending that the treasurer’s office be consolidated with the city’s revenue functions in the office of finance immediately, bringing Los Angeles in line with the majority of major cities in the country.”

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