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LA City Council approves $7.7 billion budget



Mayor Antonio Villaraigosa's $7.7 billion budget was approved by the Los Angeles City Council. (Photo: Mayor Villaraigosa at celebration for Port of L.A. main channel deepening project).
Mayor Antonio Villaraigosa's $7.7 billion budget was approved by the Los Angeles City Council. (Photo: Mayor Villaraigosa at celebration for Port of L.A. main channel deepening project).
Kevork Djansezian/Getty Images

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A $7.7 billion spending plan for the city of Los Angeles was unanimously approved Thursday by the city council. 

Mayor Antonio Villaraigosa has five days to sign the budget, which keeps in place 5.5 percent raises for 60 percent of city workers. An expected $216 million deficit was closed in part because of pension reform and an increase in property, sales and hotel tax revenues. 

"I am happy the city council has approved my proposed budget, which hands to the next administration a more financially secure city while restoring core city services," Villaraigosa said in a statement. 

He went on to say:

I thank the council for preserving a 10,000 officer Los Angeles Police Department and funding our innovative and highly effective Gang Reduction and Youth Development programs.  I’m also grateful they agreed to increase services that are critical to the quality of life and well-being of our residents, including sidewalk repair, tree trimming, meals for the elderly, and graffiti removal.

The fiscal year will start on July 1 - the same day Eric Garcetti will be sworn in as mayor.