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L.A. has spent only a quarter of its federal stimulus funds

December 26, 2010 |  3:45 pm

Los Angeles has spent only about a quarter of the more than $630 million in stimulus grants it has received from the federal government.

That's a rate of spending that trails tha    t of New York, Chicago and several other large California cities.

Though the bulk of L.A.'s stimulus money was awarded by last March, the city had completed only eight of its 108 projects by mid-October.

L.A. officials say they have been hampered by a painful irony. As millions of federal stimulus dollars flowed in the door, the city was reeling from cost-cutting measures that led to the exodus of 2,400 experienced workers through an early-retirement program and more than 360 layoffs. On top of that, many city workers, including some who are handling stimulus projects, are forced to be on furlough 16 to 26 days a year.

Read more: "L.A. lags behind other big cities on spending of federal stimulus funds."

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