Waste Watch – Los Angeles City Workers Get Richer While Taxpayers Get Poorer
With reckless abandon, Los Angeles city leaders gave payroll increases and lucrative compensation packages for city workers, which can be directly attributed to the $406 million budget deficit they are now facing for fiscal year beginning in July. Sadly, city leaders knew they were putting Los Angeles’ future into financial jeopardy by agreeing to the payroll raises last year—but did so anyhow. According to the L A Daily News, May 11, 2008, “As Los Angeles grapples with its largest budget deficit in history, lucrative compensation packages for thousands of city workers are driving much of the gap , and there’s little end in sight.” It is mind-boggling that, “In the past year alone, gross annual payroll costs have soared $120 million for nearly 48,000 city employees – $90 million of that going to 35,000 civilian and sworn workers- and bumped the total… Read More