Now facing an immense shortfall in tax revenue"about $7.4 billion"the city has proposed a revised budget for the next fiscal year that would reduce the overall budget by $3.4 billion, compared to last year's adopted budget. Among those cuts is a budgetary reduction of $10.6 million for the Department of Cultural Affairs (DCLA). " ARTnews
SOURCE: ArtsJournal at 04:42PM on April 21, 2020