CONTROLLER CHICK DIMS CITY HALL'S FISCAL FORECAST.Byline: - Daily News Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. will receive about $140 million less in revenue next year than in the current year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a projection issued Tuesday by city Controller Laura Chick chick abbreviation for chicken (1). . The city is expected to get about $3.08 billion in general fund receipts next year and $1.3 billion in special funds dedicated to specific purposes, for a total projected budget of $4.38 billion. By comparison, the current fiscal year's receipts are projected at $4.52 billion. The report predicted lower revenue from hotel taxes and from the category of licenses, permits, fees and fines. The forecast was not a big surprise to city officials, who are expecting a tight budget next year because of the national economic slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. . |
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