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Troubling financial outlook for L.A.; Echo Park bishop faces suspension; preserving Boyle Heights businesses

Eastside Scene: Backyard Party, East L.A. | Aurelio Jose Barrera

Morning Report

  • Mayor Garcetti says that the city is in a strong financial position with lots of money in the bank. But rising pension costs will help create an estimated $200 million budget gap within two years and legal settlements and other decisions will only add to the financial costs and pressure on the city. L.A. Times
  • J. Jon Bruno, bishop of the Echo Park-based Episcopal Diocese of Los Angeles, faces a 3-year suspension over his attempts to sell a Newport Beach church over the objections of its parishioners. Bruno, who has been involved with the Echo Park parish since the mid 1980s, plans to retire by the end of the year.
  • What small Boyle Heights businesses owners are doing to stay in business in a changing neighborhood. Boyle Heights Beat

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3 comments

  1. According to the LA Times article, the more marijuana is sold and taxed the better off we will be financially.

  2. It is absurd that the politicians hand out these lucrative compensation and benefit packages to city workers without any foresight on funding them. How about this, Garcetti, lets start rolling back these inflated pensions and salaries before we end up like Illinois!

    • Too late for that. Those pensions are locked in and will bankrupt us – but probably not before we go broke floating Med-Cal. Roughly 1/3 of the state is receiving benefits with those costs expected to rise. California should change its motto to the “Give Me” state.

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