Los Angeles

City Council

August 30, 2024 Item #16

Agenda Item 16

(16) Friday 24­0202 - August 30, 2024 - PAGE 13 BUDGET, FINANCE AND INNOVATION COMMITTEE REPORT relative to Fiscal Impact Statement: The CAO reports that there is no General Fund impact resulting from the actions recommended within said CAO report, as the 2023­24 and 2024­25 Budgets do not assume the repayment of these loans. In addition, these actions will not impact the current status of the Reserve Fund.