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Los Angeles County approves $54.2 billion budget for 2026-27 fiscal year
The Los Angeles County Board of Supervisors has approved a final $54.2 billion budget for the 2026-27 fiscal year. This figure is $3.9 billion higher than the initial budget adopted in June.
County CEO Joseph Nicchitta attributed the increase to approximately $2 billion in unspent funds carried over from the previous fiscal year and $391.1 million in budget stabilization savings achieved through fund reallocation. This reallocation aims to avoid cuts to public services and preserve cost-of-living adjustments for staff.
The budget also accounts for a $1.2 billion annual legal payout related to childhood sexual assault lawsuits filed under Assembly Bill 218. While the final budget includes 250 fewer budgeted positions than the June plan, officials stated that no layoffs of existing workers are expected.