Page 13 - FY 2022-23 Proposed Budget

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.

Reflecting on the past eight years, I am proud of all we’ve done to blaze the trail for
cities across the country and the world. In 2015, we became the largest city in the
country to raise the minimum wage, lifting incomes for more than 550,000 Angelenos.
We passed Measure M, the largest local transportation funding program in North
American history, and doubled down on our climate ambitions, delivering one of the first
Paris-compatible climate plans of any city in the world. Voters stepped up to pass
Measure H and Proposition HHH, creating a pipeline for thousands of supportive
housing units for our unhoused neighbors.

In City Hall, we’ve continuously refined our approach to governance without losing sight
of the core tenants of this administration – making sure every decision is made through
the lens of equity, embedding data-driven strategies into the management of our
programs, and ensuring that our back-to-basics priorities kept us focused on making the
improvements that Angelenos can see and feel in their daily lives.