Budget and Finance Committee meeting summary
At a glance
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The Committee approved transferring idle Panorama City BID funds to implement traffic safety measures on Lanark Street; concurred with actions to pursue a Homeless Housing, Assistance and Prevention Program Round Six grant and a motion on cannabis taxation; approved a City Attorney draft ordinance setting tax rates for bond debt service for FY 2025-26; and held closed-session discussions on multiple pending lawsuits.
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What this means
The committee approved moving unused business improvement district money to pay for safety improvements on Lanark Street, so that local traffic safety work can proceed. It agreed to move forward with a Homeless Housing, Assistance and Prevention Program grant application and agreed with a separate motion about cannabis taxation. The committee also approved a draft ordinance that sets tax rates the city will use to pay bonded debt for the 2025–26 fiscal year. Several legal cases involving the city were discussed privately in closed session.
Key decisions
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- Approved motion to initiate escheatment and transfer of idle funds from the Panorama City Business Improvement District to implement traffic safety measures on Lanark Street (Vote: 5-0).
- Concurred with the Housing and Homelessness Committee action to pursue the Homeless Housing, Assistance and Prevention Program Round Six grant application (Vote: 5-0).
- Concurred with the Government Operations Committee action regarding the motion on impacts of cannabis taxation (Vote: 5-0).
- Noted and filed the Controller report and approved the City Attorney report and draft Ordinance levying taxes and setting tax rates for interest and sinking funds for bonded indebtedness for Fiscal Year 2025-26 (Vote: 5-0).
- Discussed multiple pending legal matters in Closed Session, including: Sabrina Neely v. City of Los Angeles (trip and fall); Julio Martinez v. City of Los Angeles (vehicle collision); Sara Marin v. City of Los Angeles (employment discrimination and related claims); Bladimir Rivera, et al. v. City of Los Angeles (automobile vs. pedestrian accident); Joseph Roesler v. City of Los Angeles (California Coastal Act/taxpayer claim); Griffith J. Griffith Charitable Trust et al. v. City of Los Angeles (CEQA challenge to LA Zoo Vision Plan); and Arman Burmayan v. City of Los Angeles (automobile vs. motorcycle accident).
- Continued Closed Session consideration of Robert Danbom v. LAFD, et al., and Arturo Aceves Jimenez v. County of Los Angeles, et al., to dates to be determined.
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Meeting information
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Budget and Finance Committee
Agenda
- 08-3292-S1 CD 6 Motion (Padilla - Yaroslavsky) relative to initiating and effectuating the escheatment and transfer process for idle funds associated with the Panorama City Business Improvement District for the purpose of implementing traffic safety measures on Lanark Street in Panorama City. Community Impact Statement: None submitted08-3292-S1Decision: ITEM(S)
- 20-1524-S8 City Administrative Officer report relative to the Homeless Housing, Assistance and Prevention Program Round Six grant application. (This item is referred to the Housing and Homelessness and the Budget and Finance Committees.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Community Impact Statement: None submitted20-1524-S8Decision: ITEM(S)
- 25-0720 Motion (Padilla – Yaroslavsky) relative to the impacts of Cannabis taxation. (At its meeting held on August 5, 2025, the Governmnent Operations Committee approved the Motion.) Fiscal Impact Statement: No Community Impact Statement: None submitted.25-0720Decision: ITEM(S)
- 25-0904 Controller and City Attorney reports and draft Ordinance relative to levying taxes and setting the tax rates for the several interest and sinking funds for bonded indebtedness of the City for the Fiscal Year 2025-26. Community Impact Statement: None submitted25-0904Decision: ITEM(S)
- 25-0897 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Sabrina Neely v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 23STCV08865. (This matter arises from a trip and fall incident which occurred on March 29, 2022, on the sidewalk near 321 Wall Street, in the city of Los Angeles.)25-0897Decision: ITEM(S)
- 25-0899 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Julio Martinez v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 21STCV41937. (This matter arises from a vehicle versus vehicle accident at 7th Street and Bixel Street, in the city of Los Angeles.)25-0899Decision: ITEM(S)
- 25-0901 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Sara Marin v. City of Los Angeles , Los Angeles Superior Court Case No. 23STCV14185. [This matter arises from claims under the Fair Employment and Housing Act, the California Labor Code, and the California Family Rights Act for: (1) gender discrimination; (2) disability discrimination; (3) retaliation; (4) retaliation under the California Family Rights Act; (5) retaliation under Labor Code §1102.5; (6) failure to prevent discrimination; and (7) failure to prevent retaliation.]25-0901Decision: ITEM(S)
- 25-0902 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Bladimir Rivera, et al. v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 22STCV31888. (This matter arises from automobile vs. pedestrian accident that occurred on September 11, 2021, on Vista Del Mar, in the City of Los Angeles.)25-0902Decision: ITEM(S)
- 25-0789 CD 11 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Joseph Roesler v. City of Los Angeles, et al , Los Angeles Superior Court Case No. 23STCV27185. [This case consists of a Complaint asserting declaratory and injunctive relief arising as a taxpayer and for violation of the California Coastal Act, (Division 20 of the Public Resources Code, commencing with section 30000), related to the City’s removal of street parking on Vista Del Mar next to Dockweiler Beach in August 2017.]25-0789Decision: ITEM(S)
- 25-0783 CD 4 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Griffith J. Griffith Charitable Trust et al. v. City of Los Angeles et al. , Los Angeles Superior Court Case No. 23STCP03390. (This litigation consists of a Petition for Writ of Mandate asserting California Environmental Quality Act claims challenging the City Council’s August 2, 2023, approval of the Los Angeles Zoo Vision Plan and certification of its revised final environmental impact report.) (This matter is referred to the Arts, Parks, Libraries, and Community Enrichment and Budget and Finance Committees. The Arts, Parks, Libraries, and Community Enrichment Committee waived consideration of the above matter.)25-0783Decision: ITEM(S)
- 25-0903 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Arman Burmayan v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 21STCV29583. (This matter arises from an automobile versus motorcycle accident, which took place on August 4, 2020, at the intersection of Amestoy Avenue and Rinaldi Street, in Granada Hills.)25-0903Decision: ITEM(S)
- 25-0854 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Robert Danbom v. LAFD, et al. , Los Angeles Superior Court Case No. 22STCV28056.25-0854Decision: ITEM(S)
- 25-0855 The Committee may recess to Closed Session, pursuant to Government Code Section No. 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Arturo Aceves Jimenez v. County of Los Angeles, et al. , United States District Court Case No. 2:21-cv-07117.25-0855Decision: ITEM(S)
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