First it was Moody's, which put the City of Los Angeles on its negative watch list. Today, Standard & Poor's downgraded LA's credit rating from AA to AA-minus. That means it'll cost millions of dollars more to operate on borrowed money. Mayor Villaraigosa is trying to cut costs, and one target has been the Department of Neighborhood Empowerment. DONE provides support for Neighborhood Councils, and some Council leaders are concerned that elected officials are trying to gut the city's experiment in grassroots democracy.
Does Villaraigosa Want to Do In DONE?
Credits
Guests:
- Al Abrams - Vice President, Board of Neighborhood Commissioners
- Raphael Sonenshein - California State University, Los Angeles - @SonensheinPBI