Controller’s New Dashboard Gives Angelenos First Real-Time Look Inside L.A. City Finances
LOS ANGELES — L.A. Controller Ron Galperin today released an online dashboard that tracks the City’s most important financial information in real time. “Inside L.A. City Finances” contains datasets and visualizations showing the current balance in each of the city’s 800+ funds, including the General and Reserve Funds, charts City salaries and overtime, and tracks budget revenues and expenditures. The first dashboard of its kind at the City of Los Angeles, “Inside L.A. City Finances” enhances the Controller’s groundbreaking open data portal by giving Angelenos a more transparent picture of where the City’s money comes from, and how it is kept and spent.
“Until now, there hasn’t been a simple way for Angelenos to track the City’s complex and constantly changing finances in real time,” said Controller Galperin. “This dashboard makes it easy for everyone to see how much money is in each of the City’s hundreds of funds daily, what revenue is coming in and where it’s coming from, and the current state of department spending. It gives residents a better understanding of L.A.’s financial health and encourages even greater accountability for public dollars.”
Dashboard information is updated regularly: daily (M-F) for all City fund balances, bi-weekly for payroll, and monthly for revenue and expenditures. Here’s what’s on the dashboard: :
- Daily balance of each fund controlled by the City;
- General Fund monthly balances;
- Reserve Fund monthly balances;
- Special purpose fund balances;
- Debt capacity and spending;
- Budget breakdown;
- Revenue received by the City;
- Money spent by the City; and
- Payroll costs, including salaries and overtime.
Budget data will be updated after the beginning of the next fiscal year in July.
Transparency through innovation
“Inside L.A. City Finances” is Galperin’s newest innovative tool to bring greater transparency to L.A.’s finances. In 2013, he created Control Panel L.A., the City’s first open data portal, followed by the recently revamped Payroll Explorer, with detailed information on each department and employee, and Checkbook L.A., where users can search items purchased by the City. Galperin’s COVID-19 Spending Tracker dives into pandemic-related spending by Los Angeles.
Explore “Inside L.A. City Finances” at lacontroller.org/city-finances.