California: Los Angeles’ finances subject of upcoming ballot measures

Mon, Jan 31 2011 — Source: Los Angeles Times

In better times, Los Angeles city elections have served as vehicles for leaders’ ambitious ideas ”” from expanding the city’s solar energy capacity to building more than two dozen new libraries. This spring’s contest testifies to an era in which city leaders cannot afford new promises and are having trouble keeping ones already made. The times are most clearly reflected in a series of measures on the March 8 ballot aimed at putting the city’s finances on firmer ground.

Read the story from the Los Angeles Times