Each year, the Mayor of the City of Los Angeles must develop a budget plan that addresses the needs of the City’s diverse communities, reflects shared priorities, and moves the City toward important goals. As we begin the planning process for Fiscal Year 2008-09, I invite you to help me develop my proposed budget by sharing with me your thoughts on how we should create a balanced budget that addresses the fundamental issues of our City while remaining fiscally responsible.
To ensure that the needs of your communities are voiced, my office has created a budget survey to help guide the development of the City budget. This survey requires you to make very tough decisions regarding real issues that we face. This year, the City of Los Angeles will be challenged by many issues, none more pressing than the potential loss of $270 million or roughly 6% of the City’s General Fund. The magnitude of the potential revenue loss is enormous and could jeopardize support for public safety, transportation, recreational services, housing, economic development, and other vital services.
Given this daunting challenge, it is important to hear from community members about their budget priorities and their thoughts regarding the City’s revenues and expenditures. I urge you to participate in this very important decision making process by completing the budget survey. Your participation in this invaluable process will help ensure that budget priorities encompass the real needs of the City.