Wednesday, February 10, 2010

More millions found in the hands of City Council by Controller Wendy Greuel

As a real quick thing list to pass on to you for the latest moves happening downtown, here's a few more CITY News items with minimal comment by me, for a change (or these things will just get older and you can figure out what these are all about from considering my information from my earlier posts and from the story content.)

1. L.A. NOW online section of the L.A.Times.
"L.A. controller asks City Council to give up property sale proceeds,
"
February 10, 2010 1:08 pm, Maeve Reston at Los Angeles City Hall
http://latimesblogs.latimes.com/lanow/2010/02/as-the-city-grapples-with-a-212-million-shortfall-los-angeles-controller-wendy-greuel-called-on-city-council-members-wednes.html

Wendy found more money but not in friendly hands.
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2. In the L.A. Times, "Villaraigosa sets sights on City Council's pet projects funds;
To plug a shortfall, he's seeking to borrow $40 million from accounts that are used for neighborhood initiatives. But some of the funds can't easily be touched, council aides say.'"
By Maeve Reston, February 9, 2010.
http://www.latimes.com/news/local/la-me-la-budget9-2010feb09,0,4496658.story

Tony Wants the money moved over to the general account for city use. There's CM opposition.
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3. L.A. Times, "L.A. City Council's spending accounts"

February 9, 2010, Source: Los Angeles city budget analysts and Times reporting
http://www.latimes.com/news/local/la-me-la-budgetbox9-2010feb09,0,6865259.story

What these accounts are about and what's in them.