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Treasury and finance staff brief committee; council requests cyclical special-fund review
Budget and Finance Committee (City of Los Angeles) · December 3, 2025
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Summary
City Treasurer and finance staff said special-fund reviews can identify unspent or restricted balances but require case-by-case budget analysis; council approved an amendment asking the CAO and CLA to recommend fiscal-policy changes for regular cyclical reviews of special funds and inactive encumbrances.
Committee members questioned whether the city performs a comprehensive, cyclical review of special funds and encumbrances and whether investment-pool accounting permits tracing fund-age or repurposing cash.
City Treasurer staff said the investment…
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