Results tagged “funds”

Is Cirque du Soleil's Upcoming Stay Worth $30M to the City of LA?

World-renown acrobatic entertainers Cirque du Soleil have been dangling a 2011 permanent stay here in Los Angeles for several months now. Talks to have the troupe set up their act at Hollywood & Highland's Kodak Theatre for a ten-year residency at the venue have been in the works for sometime, but now it falls to the City Council to decide if Los Angeles can afford to have them here, according to the Daily News.

State Budget Deal Struck, Some State Parks Likely to Close

A budget deal was agreed on last night between top legislators and Governor Arnold Schwarzenegger. Part of that deal was cutting $8 million from the state parks system, saving the majority of parks from the original proposal to cut around $70 million forcing the closure of 80% of them.

The Los Angeles Unified School District is looking for your "Yes" vote on their Measure Q, which is a $7 billion bond which will help the ailing district get more kids into real classrooms, fix their buildings, get new technology, and fund enriching programs. It is, according to the Daily News, "the fifth bond in 11 years that would benefit the [LAUSD]. Local charter schools would receive $450 million from the bond." So far donors, mainly from unions, construction and management firms, and smaller fundraising coalitions, have brought in over $700,000 in funds to help promote the Measure. Q needs a 55% "Yes" vote to pass. The Daily News adds that "in promoting the bond, LAUSD officials note that even after the completion of its current $20 billion construction program, more than 200,000 students will remain in portable classrooms."

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