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Mon, Apr

LA Watchdog

Power Outage: Blame City Hall

LA WATCHDOG--Beginning on Friday, July 5, many Angelenos were without power for 72 hours because of the record demand for power during the unprecedented “heat storm” that overwhelmed the Power System’s outdated infrastructure. 

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Transparency a Must for LA’s Underfunded Pension Plans

LA WATCHDOG-The People’s Republic of Santa Monica is showing its fiscal responsibility by seeking to hire an independent consultant to review and analyze its unfunded pension liability of $461 million and develop alternative solutions on how to eliminate this “debt” over the next decade. 

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The Bank of Los Angeles: A Weapon of Mass Financial Destruction?

LA WATCHDOG--On Tuesday, the City Council passed a Herb Wesson sponsored motion, without any discussion, that requested “the City Attorney, with the assistance of the Chief Legislative Analyst, to prepare and present the documents necessary to place on the November 2018 Ballot the necessary amendment to Section 104(g) of the City Charter to authorize the City to form a municipal bank.” 

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The Escalating Price of LA’s Civic Center

LA WATCHDOG--The City of Los Angeles has very ambitious plans for the Civic Center, the area surrounding City Hall. According to the City’s Information Statement, the City is “considering major improvements to its Civic Center, with estimates ranging from $730 million to $760 million for the first of multiple phases of its Civic Center Master Development Plan.” 

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LA’s Unbalanced Budget: City Hall Stealing from Our Kids!

LA WATCHDOG--Despite a 36%, $1.6 billion increase in revenues since Eric Garcetti was elected the Mayor of Los Angeles in 2013, the City still has an unbalanced budget for the fiscal year beginning on July 1, 2018 and a Structural Deficit that will total more than $4 billion over the following four years. 

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A Vote for Prop 70 and a Vote Against Pork 68 are Votes for Transparency, Accountability

LA WATCHDOG--When the political establishment, the public sector unions, the environmental community, the building trade unions, and the business community support a ballot measure that involves our money, rest assured that the ballot measure is not in our best interests as this cabal, once again, wants to pick our pockets clean of our hard earned cash.    

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Top 10 Unanswered Questions at LA’s City Hall

EIGHT MOST READ - LA WATCHDOG--Mayor Eric Garcetti and members of the Herb Wesson led City Council are less than transparent as they continue to duck questions that may expose their lack of respect for the taxpayers and their failure to manage the financial affairs of the City in a prudent manner. 

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Prop 68: A Yes Vote is a Reward for Bad Behavior

LA WATCHDOG--While the State of California is rolling in the dough with an $8 billion surplus as a result of increases in the State Budget to $200 billion, the spendthrift politicians in Sacramento are asking us to approve a $4.1 billion ballot measure that will help the State “protect our water, parks, and natural resources” from the impact of “severe droughts, wildfires, and climate change.”  

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Vote NO on Pork Laden Prop 68

LA WATCHDOG--Proposition 68 (Authorizes bonds funding parks, natural resources protection, climate adaptation, water quality and supply, and flood protection) represents an excellent opportunity to send our less than transparent Elected Elite a loud and clear message that we are not their ATM.  And furthermore, a NO vote will also send the message that we do not trust our State, County, and City officials to be prudent stewards of our hard earned money. 

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City Hall Planning to Raid Your DWP Water System

LA WATCHDOG--Despite record tax revenues, Mayor Eric Garcetti and his budget team are planning to increase the Street Damage Restoration Fee by over eight times, from a budgeted amount of $8.3 million this year to $70 million for the fiscal year beginning July 1, 2018. 

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The State of the LA … According to Eric

LA WATCHDOG--Mayor Eric Garcetti’s 60 minute, 8,000 word State of the City address was long on the City’s accomplishments, ranging from being selected to host the 2028 Olympics, the expansion of our subway system, the authorization of the $5 billion people mover system at LAX, lower crime rates, the taking of guns off our streets, the paving of 11,000 miles of streets, and the creation of over 150,000 jobs. 

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