The committee's budget plan, which goes to the full council Friday, omits revenue the mayor expects from privatizing city parking. One councilman called it 'fake money' because the deals aren't final.
The budget roller coaster at Los Angeles City Hall took another sharp turn Tuesday with the City Council's Budget and Finance Committee calling for the elimination of 1,000 jobs on top of the 761 targeted by Mayor Antonio Villaraigosa in his proposed annual budget.
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