Mayor Karen Bass today signed Los Angeles' Fiscal Year 2026-2027 budget, a $14.85 billion plan aimed at reversing long-standing trends in homelessness, public safety, and city services.
Mayor Bass emphasized that the budget "builds on that work so we can keep making progress" in changing the direction of L.A. Council President Marqueece Harris-Dawson noted it reflects dedication to "prioritize the needs of Angelenos," while Councilwoman Katy Yaroslavsky highlighted its focus on preserving core services and strengthening the city's financial position.
The balanced budget projects increased property, business, sales, and utility tax revenues. It prioritizes continued efforts to reduce homelessness, maintaining "Inside Safe" and street-level services, which have already contributed to a nearly 18 percent reduction in street homelessness. Public safety is bolstered by increasing police hiring to 510 new officers, aiming for a long-term goal of 9,500, and investing in training and strategic LAPD funding for areas like retail theft and human trafficking.
Significant investments are also directed towards infrastructure and basic city services, including increased funding for street and sidewalk repair, street sweeping, and illegal dumping enforcement. The budget aims to repair 700 lane miles of streets and boost funding for curb ramp installations by 45%. Crime prevention programs such as CIRCLE, UMCR, GRYD, and the Safe Passage program for children are also sustained.
Councilmember Tim McOsker said the budget "puts Los Angeles on stronger financial footing for the future," while Councilmember Eunisses Hernandez noted it reflects "the power of people refusing to give up on each other."