Standard & Poor's 500 downgraded its credit rating of city of Los Angeles general obligation bonds, citing its “weakening ...

Several major blue cities in the U.S. have been marred by a slate of massive budgetary problems in recent years.

The Los Angeles City Council Budget and Finance Committee will convene in a special meeting Friday, beginning a series of ...

The Los Angeles City Council Budget and Finance Committee will convene in a special meeting Friday, beginning a series of ...

Mayor Karen Bass’ proposed spending plan aimed at closing a $1 billion budget deficit and addressing other financial ...

Bass has proposed cutting more than 2,700 city positions via 1,647 layoffs and eliminating 1,053 vacant positions.

L.A.’s proposed budget cuts include eliminating the Climate Emergency Mobilization Office and staff tasked with monitoring ...

L.A. County unions representing first responders say the praise they're getting from politicians isn't matched by offers at ...

Los Angeles Animal Services could be forced to close half of the city's animal shelters under Mayor Karen Bass' proposed budget cuts.

Animal Services officials said that with budget cuts, "euthanasia will increase dramatically." But City officials say there ...

LA Mayor Karen Bass' proposed budget could hit Animal Services hard - and it's outraged local animal advocate.