LA advocates demand funding restoration for public bank and transgender services

April 26, 2025 | Los Angeles City, Los Angeles County, California


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LA advocates demand funding restoration for public bank and transgender services
The Los Angeles City Council held a budget hearing on April 25, 2025, where community members voiced urgent concerns regarding proposed funding cuts that could impact essential services across the city. The meeting highlighted the critical role of city employees and the need for adequate funding to maintain public safety and community support.

Several speakers emphasized that the proposed budget cuts threaten not only the livelihoods of city workers but also the safety and well-being of Los Angeles residents. One speaker pointed out that cuts to the Los Angeles Police Department (LAPD) could exacerbate issues such as crime backlogs and legal liabilities, warning that these decisions were made without proper analysis or accountability.

Willa Catullo, a community advocate, urged the council to reinstate $460,000 for a feasibility study on establishing a public bank. She argued that this initiative could provide a sustainable financial solution for the city, allowing it to generate revenue and support essential services.

Chichen Navarro, a member of the Los Angeles City Transgender Advisory Council, expressed deep concern over cuts to funding for transgender services. Navarro highlighted that these funds are vital for healthcare, housing, and legal support for vulnerable members of the community, especially in light of increasing discrimination and violence against transgender individuals.

Giselle Mata from ACE reinforced the call for the public bank study, stating that investing in this initiative could save the city billions in banking fees and interest payments. She criticized reliance on federal banks and urged the council to take bold action to protect local jobs and services.

The meeting underscored the urgent need for the city to prioritize funding for essential services and consider the long-term implications of budget cuts. As community members continue to advocate for their needs, the council faces pressure to make informed decisions that will shape the future of Los Angeles.

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