Saturday, November 13, 2010
City Hall downtown Los Angeles
I spent yesterday at City Hall downtown with Coro and met some amazing people – elected and otherwise. While the people themselves were admirable I did need to (internally) question their commitment to what “works” within the system. Works for whom?
Los Angeles had a budget shortfall of $500 million last year and is projected to have a higher one next. They used some short term fixes to hold things in place this year but will accounting tricks work as the shortfall continues to grow? Will the municipal bond market continue to support cash strapped municipalities?
The majesty of city hall, the commitment of the people working within it and the absolute dedication expressed were impressive. I wonder at the system itself.
The picture is of downtown from the roof of City Hall.