During a recent budget hearing in Los Angeles, community members voiced urgent concerns regarding proposed cuts to essential city services and the need for a public bank feasibility study. The meeting, held on April 25, 2025, highlighted the struggles residents face due to inadequate funding and the potential impact of layoffs on city operations.

Abdul Mohammed, a passionate speaker from District 8, criticized the city’s budget management, arguing that it relies too heavily on funds already designated for specific projects. He called for the reinstatement of $4.46 million previously allocated for a feasibility study on a public bank, emphasizing that such a financial institution could provide much-needed support for local communities. “We need to hire 3,000 people to keep the city in the condition that it is supposed to be in,” he stated, expressing frustration over the city’s neglect of basic services like trash collection.

Beverly Roberts, chair of the Home Defenders League, echoed these sentiments, sharing her own experiences with neglected infrastructure in her neighborhood. She highlighted the need for funding to support the public bank study, which she believes could alleviate financial burdens on residents. Roberts pointed out that the city is losing significant amounts of money to debt service fees, urging council members to reconsider cuts that would affect city jobs and services.

The discussions at the hearing reflect a growing concern among residents about the city’s financial priorities and the direct impact on their daily lives. As the budget process continues, community advocates are calling for a more equitable approach that prioritizes essential services and supports local economic development through initiatives like the public bank. The outcome of these budget hearings will be crucial in determining how effectively the city can address the needs of its residents in the coming year.