SNAPSHOT BY THE NUMBERS
- Los Angeles's Bills Exceed Its Assets
- Assets * $88,618
- Less: Capital Assets * $62,672
- Restricted Assets * $7,159
- Assets Available to Pay Bills * $18,787
- Less: Bills * $20,575
- Money Available (Needed) to Pay Bills * ($1,788)
- Each Taxpayer's Surplus (Burden) ($1,300)
- The Bills Los Angeles has Accumulated
- State Bonds * $39,329
- Other Liabilities * $11,611
- Less: Debt Related to Capital Assets * $38,289
- Unfunded Pension Benefits * $7,307
- Unfunded Retirees' Health Care Benefits * $617
- Bills * $20,575