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  | | News Alert | |
| |  | | | With Los Angeles battered by multiple crises, Mayor Karen Bass vowed Monday in her State of the City address to rebuild at a record clip in the wake of the Palisades fire while also overcoming dire financial woes.
Appearing at City Hall before an audience of about 250, she struck a hopeful tone while acknowledging that the city is under stress on many fronts: declining film and television production, a looming trade war and a housing market that is unaffordable for many.
Faced with a nearly $1-billion budget shortfall, the mayor released a budget calling for the elimination of more than 2,700 city positions. About 1,650 are targeted for layoffs, and the remainder are already vacant, according to city budget officials.
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