L.A. Controller Ron Galperin just released the City’s Comprehensive Annual Financial Report for fiscal year 2018, which details the the City’s bottom line and cautions about challenges on the horizon. Over the past six years, Los Angeles has experienced solid economic growth, including a 4.6 percent uptick in overall revenues last year, a significant increase over the 1.9 percent growth in the year prior. Overall expenses in FY18 increased by less than one percent.

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