Update: Ron Kaye has the details here.
In a daylong meeting yesterday at Hollywood City Hall, a dedicated and knowledgeable group of community members joined BudgetLA to finalize the first white paper addressing solutions to LA's budget crisis.
The Mayor's budget for 2010-2011 as it stand now means major losses of public services and loss of jobs, leading to possible bankruptcy in the immediate future for Los Angeles.
The BudgetLA people brought out professionals from the community and neighborhood councils who are well versed in sustainable budgeting, pensions, and investing to develop a concrete, comprehensive plan of action -- something very seriously missing from City Hall to date.
Join BudgetLA, activists, and concerned members of the community for a rally and press conference outside Van Nuys City Hall immediately proceeding the first City Council Budget & Finance Committee public hearing on Monday night at 6pm.
More when we know more.