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Budget committee approves second FSR, directs CAO to identify offsets for extra police hires
Summary
The Budget and Finance Committee approved the city’s second Financial Status Report (FSR) for FY2025–26 as amended and directed the CAO, with LAPD assistance, to report back on ongoing funding offsets to support increased police recruitment without using reserve funds.
The Los Angeles City Budget and Finance Committee on Dec. 2025 approved the second Financial Status Report for fiscal year 2025–26, including multiple departmental amendments and directions to the City Administrative Officer (CAO).
The CAO’s presentation said the city remains in a “manageable” fiscal position but faces significant downside risks, including wildfire recovery costs and federal‑level uncertainties. The report shows year‑to‑date receipts through October about $118 million above plan (excluding special‑fund interest), but projects a citywide overspending of approximately $243,000,000 — roughly $196,000,000 in departmental overspending and $47,000,000 in non‑departmental budgets — and a $71,000,000 year‑end budget…
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