City Controller Wendy Greuel's said Thursday, in releasing her financial audit of the Department of Water and Power, that that the agency had enough money to make its budgeted $73.5-million transfer to the city treasury even without a rate increase.
Without a promised transfer of money from the Department of Water and Power, the budget gap for the city of Los Angeles has grown to $222.4 million this fiscal year, even with a brighter forecast for property tax collections. In... Read Post
Some Los Angeles City Council members didn’t appreciate the tone of the audit released Wednesday by their former colleague, City Controller Wendy Greuel. The morning after Greuel called on them to give up some of the money in their ... Read Post