Posted on 01/08/2014 1:11:00 PM PST by BenLurkin
LOS ANGELES (CBSLA.com) Poverty, weak job creation and other issues currently plaguing Los Angeles could leave the city sinking into the future, according to a report released Wednesday.
The report titled A Time For Truth (PDF) from the Los Angeles 2020 Commission, which was convened to study and report on the citys fiscal stability, warns the city is suffering from a crisis in leadership and a lack of confidence on the part of investors.
Los Angeles is sinking into a future in which it no longer can provide the public services to which our peoples taxes entitle them and where the promises made to public employees about a decent and secure retirement simply cannot be kept, the report stated.
KNX 1070′s Ed Mertz reports several pressing issues cited by the commission include poor economic development, traffic, a declining school system, budgetary cuts and deficits, rising pension costs and other factors that have contributed to the citys current fiscal condition.
Commissioners focused specifically on slow job growth and stagnant wages that have left about 28 percent of working Angelenos at the poverty level, even as median income levels linger at 2007 levels, according to the report.
Budget constraints imposed after years of essentially flat revenue streams have also left the city facing a death of a thousand cuts that has resulted in severe declines in service levels since 1994, the report stated.
Although City Hall forecasts revenue will grow about 1 percent next year, the only thing certain is expenses will grow by more than 5 percent in the same forecast, the report said. The implications of that gap are obvious.
According to the report, a lack of investment dollars can also be blamed in part on reduced city services, such as an estimated 75 percent reduction in tree trimming services and libraries that operate with a workforce 30 percent smaller than levels from as recently as 2011.
Resources for building and safety, economic development, street services and sanitation have all been sharply reduced since 1993 after cuts to over 1,300 workers in those departments, the report stated.
RELATED: Mayor Garcetti Launches Pothole Repair Operation Neighborhood Blitz
Investment dollars will not flow to neighborhoods that suffer from crumbling sidewalks and pothole-filled streets, notes Carol Schatz, President and CEO of the Central City Association of Los Angeles.
The report also describes the Los Angeles Unified School District as a failing public school system that will graduate less than 60 percent of its 640,000 students from high school despite a $7.1 billion budget. The report isnt all doom-and-gloom: commissioners say LA can grow into a top-notch 21st-century city on the strengths of its ethnically diverse pool of human capital, world-class universities like UCLA, USC, and Caltech, and the citys international brand, which represents creativity, innovation, meritocracy, opportunity and a desirable lifestyle.
Despite providing specifics on issues, commission chair and former U.S. Commerce Secretary Mickey Kantor said the report isnt directed at any single public official.
This is not just about one person or two people or a leader here or a leader there its about everyone, Kantor said. Thats why we dont mention any names, we talk about leadership in general.
The independent commission, formed by City Council President Herb Wesson and chaired by Kantor, is comprised of 13 former civic and business leaders, including former California Governor Gray Davis, and former U.S. Labor Secretary and California Congresswoman Hilda L. Solis.
A Time For Truth is the first of two reports the commission is expected to produce, with the second expected to cover commission recommendations and possibly alternative solutions for addressing the challenges facing the city.
THE ARTICLES BIG LAUGH LINE:Los Angeles is sinking into a future in which it no longer can provide the public services to which our peoples taxes entitle them”
Saw the Tyrone Power version of Zorro. One thing I noticed is that LA hasn’t changed in 300 years - it’s still full of Mexicans.
Come on MSM journolister.... so what caused this poverty and weak job creation?? Come on rub some brain cells together....
Oh never mind
I was born in downtown L.A., raised a few blocks south of the Coliseum and worked like crazy to get out of that hellhole. Moved out after college. That was 23 years ago and things have only gotten worse there...
I am not too far away from there. But I never watch the local media anyway
Time to tax Hollywood Estates
their fair share, and all that
I usually don’t watch but had started watching some through the holidays— during the two weeks while Levin was on vacation—it put me in a REAL bad mood. There seems to be increasing crime, too. I haven’t went and checked the statistics but it sure seems to be growing.
No sh...
No sh...
“Time to tax Hollywood Estates”
Spot on. Tax hollywood actors at 95%. They shouldn’t object, seeing as how they’re mostly liberal fascists or commies.
Liberal ideas ran California into the ground. Seems the don’t want to pay the fiddler...
Whatever it is they have in mind — it will only make things worse.
But some day we’ll have a train to Fresno — we can stop in for lunch with Jim.
LA’s prospects are not enhanced by the location of LA in California. That is two strikes against LA right there- it is LA and it is in California.
Last time I was in metro LA the bus cost 25¢.
I’m sure that service is in the black...
NYC just leaped upon the fast track to Detroitification with the election of DeBlasio.
Thank you for the kind words. Stay safe.
I lived in LA until 1975. It was a dump then.
Another victory for liberalism.
Ah....a fellow South Centralite. Pleased to meet you. I’m a proud graduate of Compton High, class of ‘72.
Couldn’t agree more with your assessment.
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