It’s a case of political intrigue in the Los Angeles city government. The Department of Water & Power board meets tomorrow to discuss a proposed budget, following the controller’s audit released last Thursday that charged DWP executives with misleading the public when they refused to transfer $73.5 million to the city. City Controller Wendy Greuel, who led the investigation, stated in the audit that the DWP had more than enough funds to aid the city’s shaky budget. With a rate increase backed by Mayor Villaraigosa and the threat of shutting the city down for two days a week, how is it that the DWP’s $752 million available funds couldn’t help out the city? Why refuse to transfer $73.5 million but then hike up the rates?
Wendy Greuel, Los Angeles City Controller