Today, Los Angeles has a population of nearing four million people, an area of 465 square miles, 7,366 miles of streets, water and power brought from mountains hundreds of miles away, and thousands of publicly-owned structures of various types.
Your City government touches your life at more points more frequently than any other governmental agency, be it federal, state, or county. City government furnishes water, supplies electricity, provides ambulance, police, sanitation, and fire services, maintains streets, maintains parks and provides other essential services to citizens. In a very real sense, the City government is a huge corporation with nearly four million stockholders — the second largest city in the United States. This City, in which you are a stockholder, is engaged in business exceeding several billion dollars a year.