LA City Council reviews cost analysis for safe streets measure.

February 18, 2024
1 min read

LA City Council sends back financial report on cost of safe streets measure


  • City Council is requesting further financial analysis of the impact of the Safe Streets LA measure
  • Measure would cost the city $3.1 billion over 10 years

Supporters of the Safe Streets LA measure believe that safety is a top priority, while opponents express concerns about potential congestion and reduction of traffic lanes.

In a recent City Council meeting, Matt Szabo, the city’s administrative officer, presented an updated report on the financial implications of the measure. The measure, known as Healthy Streets LA, would require the city to implement street modifications outlined in its Mobility Plan 2035 whenever street improvements are made. The plan, adopted nine years ago, aims to improve Los Angeles streets and promote alternative modes of transportation such as walking, biking, or other transit options.

The estimated cost of implementing the measure over 10 years is $3.1 billion, according to Szabo. This figure is significantly higher than the original estimate made in November 2023. The measure, if approved by voters, would go into effect roughly five weeks after the election.

During the meeting, several council members expressed concerns about the accuracy of the financial analysis and the possible impact of the measure on the city’s budget and existing programs. Councilman Bob Blumenfield raised questions about the costs associated with implementing traffic safety measures and highlighted the economic toll of traffic-related injuries and deaths in Los Angeles.

It was noted that the measure does not provide additional financial resources to the city, meaning that existing funding sources would need to be used to meet its requirements. The report also pointed out various components of the Mobility Plan 2035, such as planned bike lanes, protected bike lanes, and sidewalk repairs, each with its own estimated costs.

Overall, the council requested more detailed analysis and information before making any decisions regarding the Safe Streets LA measure, highlighting concerns about potential legal issues, impact on existing programs, and the need for coordinated grant work within city departments.

Previous Story

Trump’s finances take a hit with NY fraud case ruling.

Next Story

Watch out Financial infidelity can destroy your savings, warns Suze Orman.

Latest from Blog

Don't Miss