County budget analysts worked with departments to determine a methodology for calculating restricted and unrestricted locally generated revenues. Based on 2020 revenues, a baseline estimate of $300 million was established for the full 2024 set-aside, subject to calculations based on the actual 2023-24 budget. (See Timeline on 3/16/21 and 4/1/21 for a CEO Memo and presentation.)
Explore the Timeline
7/21/2020: BOS Votes To Place Amendment on the Ballot
7/21/2020: Back-Of-The-Envelope Estimate of 10% Set Aside
11/3/2020: Measure J/Charter Amendment Passes
11/10/2020: Re-Imagine LA Advisory Committee Established
January-May 2021: Budget Team Analyzes Allocation Methodology
3/16/2021: CEO Recommends $100 Million First Year “Down Payment”
4/1/2021: Presentation to Committee on Calculating Set Aside
4/20/2021: Board Approves $100 Million Down Payment
5/17/2021: CEO Reports to BOS on Methodology
5/18/2021: CEO Meets with Advisory Committee
6/17/2021: Judge Rules Measure J “Constitutionally Invalid”
7/14/2021: Judge Confirms Ruling
8/10/2021: Board Establishes Care First Community Investment Advisory Committee
8/10/2021: Board Sets CFCI Policy
9/22/2021: CFCI Holds First Meeting
4/19/2022: Board Approves $100 Million Year Two Installment
7/1/2022: Department of Youth Development Launched
11/1/2022: Justice, Care and Opportunities Department Launched