Early in 2013 Los Angeles City Council President Herb Wesson asked Mickey Kantor to establish an independent and private commission to study and report on fiscal stability and growth in Los Angeles. Later, Mayor Antonio Villaraigosa endorsed the establishment of the commission. This was the genesis of the 2020 Commission. Kantor invited twelve leaders in the Los Angeles community to serve. They represent a broad diversity of our community and a wealth of experience. Commission members have served in leadership roles at all levels of government, as executives in major corporations and financial institutions and as executives of important civic and non-profit organizations. They reside in all parts of our community and have been active for many years in Los Angeles activities.
The commission came together on April 15, 2013 and has held numerous meetings and hearings with important representatives of institutions representing a broad swath of interest in our city.
This report is the first of two the commission will produce. This document is descriptive of the current situation involving fiscal and economic issues facing the city. The second report will cover commission recommendations and possibly alternative ideas for addressing the challenges facing Los Angeles.
The LA 2020 Commission would like to hear your ideas for improving Los Angeles.
Please share them with us below.