BUDGET AND FINANCE COMMITTEE CHAIR KREKORIAN COMMENTS ON THE 2020-21 BUDGET PROCESS

The 2020-21 budget was assembled under conditions unlike any this city has ever seen. The onset of the COVID-19 pandemic in March devastated the local economy, resulting in a drastic reassessment of the city’s financial prospects for the coming year. In a matter of weeks, revenue predictions declined by hundreds of millions of dollars.  The city’s reserves, which the Budget & Finance Committee had prioritized and built up to record levels through hard work and sacrifice over the last eight years, were decimated in a few months. Continue reading

BUDGET AND FINANCE CHAIR KREKORIAN STATEMENT ON LA CITY BUDGET

For the past few days, my office has heard from Angelenos across the city regarding the Mayor's proposed budget. I appreciate all of those comments, and I welcome the public's engagement in fundamentally rethinking how government as a whole, and our city budget in particular, can best meet the needs of the people of Los Angeles. Continue reading

BUDGET AND FINANCE CHAIR KREKORIAN STATEMENT ON TODAY’S BUDGET HEARING

Today’s budget presentation made clear that the City faces a financial challenge that is without precedent in our lifetime.  The COVID-19 crisis has caused massive economic disruption, and with it a drastic decline in city revenues.  Rapidly spiking unemployment, the shuttering of thousands of businesses and the virtually complete shutdown of tourism have led to a sudden and dramatic decline in city revenues from taxes on sales, business gross receipts, utility use, and hotel occupancy, among other things, that would have been unimaginable three months ago.  Continue reading

KREKORIAN PROVIDES $200,000 TO ‘DEVASTATED’ NOHO ARTS DISTRICT

LOS ANGELES – Councilmember Paul Krekorian is authorizing $200,000 in Arts Development Fees to theaters in Council District 2 to continue paying rent and operating expenses during the COIVD-19 pandemic. The theaters can begin applying early next week for the funds, which are being administered through the City of Los Angeles Department of Cultural Affairs. Continue reading

COVID-19 Economic Fallout

LOS ANGELES – The immediate economic fallout from the COVID-19 crisis is without precedent in the history of our nation and the City of Los Angeles. More than a million of our neighbors across Los Angeles County have lost their jobs in the weeks since the economic effects of the pandemic first became apparent. Continue reading

KREKORIAN CALLS ON CITY GOVERNMENT TO STOP ITS PURCHASE OF INTERNAL COMBUSTION ENGINE VEHICLES

FOR IMMEDIATE RELEASE December 4, 2019 LOS ANGELES –The City of Los Angeles, under a proposal introduced today by Councilmember Paul Krekorian, and co-presented by Councilmember Nury Martinez, will halt the purchase of virtually all automobiles with internal combustion engines. The proposal allows an exception for public safety vehicles when there is no clean alternative. Continue reading

Krekorian Lauds Launch of City’s Small Business Commission

FOR IMMEDIATE RELEASE November 19, 2019 LOS ANGELES – The first ever Small Business Commission sponsored by the City of Los Angeles held its inaugural meeting today. The idea for the commission began four years with a motion from Los Angeles City Councilmember Paul Krekorian, chair of the Ad Hoc Committee on Comprehensive Job Creation. Continue reading

Krekorian Leads Blue Community Initiative

FOR IMMEDIATE RELEASE NOVEMBER 5, 2019 LOS ANGELES, CA - On November 6, Los Angeles will become the first major City in the United States to earn the designation of Blue Community. The Blue Community initiative in Los Angeles, led by Councilmember Paul Krekorian, commits the City to. Continue reading

Council Approves Krekorian Motion for Major Stormwater Project

For Immediate Release: October 25, 2019 LOS ANGELES, CA – The Los Angeles City Council today approved $850,000 for a Stormwater Infrastructure Project at the corner of Ben Avenue and Victory Boulevard in the Sun Valley/North Hollywood area. The money comes from Proposition O, a 2004 measure that provides funds to prevent and remove pollutants from waterways and oceans. Continue reading

Krekorian Calls for One-Year Ban on Sale of Cannabis Vaping Products in LA

For Immediate Release: September 26, 2019   LOS ANGELES, CA - Los Angeles City Councilmember Paul Krekorian filed a motion this week to impose a one-year prohibition on the sale of all cannabis vaping products and associated accessories within the City of Los Angeles. Continue reading