The LA Zoo's Elephants of Asia Exhibit opened this past December. If the Zoo were privatized, it would save the city almost $18 million per year.
I've been digging through Mayor Antonio Villaraigosa's budget proposal for Los Angeles' fiscal 2012-13. The bottom line is that the Mayor, through cuts and revenue enhancements, plans to eliminate a $200-million-plus deficit in a total budget of $7.2 billion.
When you ponder the numbers, it's the very large ones that jump out at you:
• A police department that costs $1.3 billion to fund and consumes $449 million in pension payments, which when totaled account for nearly a quarter of the entire budget
• A City Attorney's office that costs nearly $100 million
• A city zoo that gobbles up almost $18 million per year
Okay, so that last number isn't all that huge. However, within the context of the budget deficit — $238 million — the zoo represents almost 8 percent. (And it's not even the total cost to operate the zoo, which is about $26 million annually.) You don't have to be an investment genius to recognize that figuring out a way to unload that cost would yield the city a decent return and reduce the need to, say, lay off clerks in the LAPD, something that Chief Charlie Beck has said will require the department to change the way it handles some of its business.