Thursday, April 23, 2009

Mayor Villaraigosa's Proposed 2009-10 Budget

On April 20, Mayor Villaraigosa released his 2009-10 Proposed Budget for the City of Los Angeles's Fiscal Year 2009-10 (July '09 to June '10). The budget will be discussed, debated, changed and adopted during the next two months by the Los Angeles City Council and then approved by the Mayor.
 
The budget will go before the Council's Budget and Finance Committee starting April 27 and hearings will continue until approximately May 12. It will then be vetted in front of the full council where a final budget must be approved or modified by June 1st. The details of the process can be found in the City Charter, sections 310 - 315.  
 
The Mayor's Proposed Budget allocates $525,000 for the 2009-10 Community Beautification Grant cycle, cut from last year's amount of $600,000 (which was reduced to $480,000 in mid-year).  The Office of Community Beautification is looking at how to stretch the available dollars to fund the maximum number of projects in Los Angeles.  We are considering returning to a maximum grant amount of $5,000 to allow for the maximum number of community projects.  We'd like to hear your thoughts. How will a $5,000 cap affect the projects you are considering for the next grant cycle?  If you have comments, please send us an e-mail at cbgrant@lacity.org.