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LA taxpayers shell out $418 million a year on handouts for the homeless

New York Post Fews App News Provider
Fews App Post Time Hace 9h

Los Angeles isn’t ending homelessness — it’s financing it, spending $418 million in 2025 with just 10% of that going toward getting people permanently off the streets. A bombshell City Hall report delivered Tuesday revealed a city that has poured hundreds of millions of taxpayer dollars into making street homelessness more comfortable, more serviced — and more permanent. The analysis — produced by the City Administrative Officer, the mayor and City Council’s chief financial watchdog — was ordered as Los Angeles is now being forced to slash homelessness spending by 10 to 15 percent.

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