Villaraigosa Says Revenue Increase Will Keep Parks, Libraries Open

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Los Angeles Mayor Antonio Villaraigosa said Thursday he no longer believed it would be necessary to shut down some city services because of a gaping budget hole.

Mayor Villaraigosa said that while L.A. still faces a massive deficit, its immediate financial picture looks better than it did earlier this week.

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Villaraigosa says revenue increase will keep parks, libraries open