Page 414 - FY 2020-21 Blue Book Volume II

General City Purposes

2019-20 Change From 2020-21
Program Changes Adopted Budget 2019-20 Budget Proposed Budget

30. Settlement Adjustment Processing. Funding is provided $ 15,585 $ 592 $ 16,177
to continue making monthly payments as part of a
settlement agreement entered between the City and a
former employee. An increase to this account reflects the
annual cost of living adjustment.

31. Sister Cities of LA. This non-profit organization is a 80,000 (8,000) 72,000
diplomatic platform that seeks to promote cooperation with
the City's global partners. Funding is provided to support
people to people exchanges and to create trade and
economic opportunities.

32. State Annexation Fees. The fee schedule, set by the 200 - 200
State Board of Equalization for annexations or
detachments, is determined on a sliding scale which
ranges from $160 to $1,170 per transaction based on
acreage.

33. World Trade Center Los Angeles. This organization 100,000 (10,000) 90,000
promotes Los Angeles as an attractive destination for
business and investment, leveraging foreign direct
investment for City initiatives and projects, and provides
services and aftercare to increase investment inflow
capture and long-term job creation in the City.

Administered by: City Clerk and Cultural Affairs
34. Cultural, Art, and City Events. Funding is provided for 80,000 - 80,000
cultural events and related activities, such as
transportation. Funding is provided by the Arts and
Cultural Facilities Services Trust Fund to support these
activities.

Administered by: Economic and Workforce Development
35. Youth Employment Program. Funding is provided for the 2,671,920 128,080 2,800,000
Youth Employment Program, which provides paid summer
employment experience for youth between the ages of 14
and 21. Increased funding reflects an adjustment for
minimum wage requirements. Funding will provide the
same level of service as 2019-20.

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