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L.A. County balances $22.7B budget

June 23, 2009 9:50:50 AM PDT
The city of Los Angeles and the state may be struggling with huge budget shortfalls, but not the county. The L.A. County Board of Supervisors passed a budget on Monday without any layoffs or furloughs for employees.

County leaders say they were able to balance the $22.7 billion budget because of conservative fiscal policies over the last decade.

However, county departments had to trim spending by an average of 7.5 percent.

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