In a press conference, Mayor Tom Bradley talks about different revenue sources the city is pursuing to compensate for budget shortfalls due to Proposition 13. These include a larger percentage of the state sales tax, access to a share of the remaining property tax and funds from the state surplus. The city will need additional funds to maintain services such as fire, police and libraries at necessary levels. He also talks about the need for a loan fund that cities with cash flow problems could access to meet emergency needs. Clip includes ambient sound footage of the press setting up equipment and people attending the press conference.
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