City shells out $1 billion for pensions; new Eagle Rock housing development; greening up the Silver Lake Reservoir

Today's Photo: Carnival rides, Lincoln Heights | josenowsky

Today’s Photo: Carnival rides, Lincoln Heights | josenowsky

MOrning Report

  • The city is paying more than ever to cover the cost of employee pension benefits despite efforts by officials to reduce the financial burden.  Last year,  pension and retiree healthcare benefits cost the city’s general fund $1.04 billion. That’s more than 20% of operating revenue versus less than 5% in 2002. L.A. Times
  • Sophomores from Alliance Environmental Science and Technology High School assisted volunteers from the Silver Lake Reservoirs Conservancy this past weekend during a planting and landscaping event at a drought-tolerant  garden on the Silver Lake reservoir property. SLRC
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