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Council adopts budget amendments; moves risk management to Department of Finance and splits street resurfacing funding
Summary
The council adopted the annual budget with several amendments: splitting an earmarked 25 miles of street resurfacing into half immediate and half reserved, and an amendment that places the city's risk management function in the Department of Finance. Council also approved funding and first-reading ordinances tied to charter implementation.
The Los Angeles City Council approved the city’s annual budget on May 24 with several council amendments that reshape administrative placement and near-term capital work.
Key budget actions included: (1) splitting 25 miles of the street resurfacing program so approximately half the miles are funded immediately in the budget and the remaining half are earmarked in reserve for future allocation, (2) adopting an amendment to place the city’s risk management function under the Department of Finance, and (3) reflecting the council’s earlier vote to advance an ordinance creating a Department of Emergency Preparedness in the budget documents.
On risk management, council debate focused on oversight and reporting. Some councilmembers warned that placing risk management in the Department of Finance would reduce the council’s direct ability to require reports without a charter change;…
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