Property tax revenues decline

Exacerbating Los Angeles County government's worsening financial situation, its property tax revenues are expected to dip for the first time since the mid-1990s, officials said Tuesday. Troy Anderson in the Daily News.

"Our county's fiscal situation ... continues to decline," Chief Executive Officer Bill Fujioka told the Board of Supervisors.

Fujioka's comments came as state lawmakers continued to haggle over how to handle a $42 billion budget deficit. As the state controller delays $106 million a month in payments to the county, the supervisors have become increasingly concerned that they might have to cut or reduce a host of social services and health programs that serve millions of county residents.