Page 4 - FY 2022-23 Budget Summary

Dear Angelenos,

I am honored to propose my ninth and final
budget as Mayor, which puts Los Angeles on
solid ground to continue our economic
recovery from COVID-19, builds on past
investments, and delivers a safer, more
prosperous, and well-run city.

The 6% increase in projected revenue is
evidence that we are on a path to a steady and
strong recovery. As we continue to make
progress on our fight against COVID-19,
businesses have reopened and economic
activity is on the rise in all corners of our city.

As I’ve said before, our budget is a statement of
our values — a bold expression of our
investment in a future defined by shared
prosperity and justice and better public health
and safety.

FY 22-23 PROPOSED BUDGET | 2