City of Los Angeles, CA

Mayor Eric Garcetti wants to exponentially increase spending to reduce homelessness as reports emerge that previous efforts aren't keeping pace.

American Relief Plan funds may also spare the city's reserves, but officials are waiting on the fine print from Washington to see what they can actually do.

The American Rescue Plan provides $1.6 billion in transit dollars to a region stretching from Los Angeles to Anaheim.

Flexibility in federal funding programs that would allow cities to target what they consider their highest priorities is key.

The city, struggling amid a pandemic-induced deficit, received a negative outlook from Kroll Bond Rating Agency ahead of the deal.

Police agreed to defer raises in exchange for $70 million in overtime for three years and no layoffs.

Five of the law firm's nine new partners are attorneys of color or women.

She is credited with training a next generation of public finance leaders in Los Angeles and around Southern California.

The pandemic caused the worst economic downturn Los Angeles has ever faced, according to Mayor Eric Garcetti and City Council President Nury Martinez.

The negative outlooks tie to the possibility of more constrained financial resilience in the future, according to Fitch Ratings analysts.