Shall the City Charter be amended to allow the City to establish a municipal financial institution or bank?
2, Los Angeles County • 2018 • M
Failed
Result: 44.2% yes, 55.8% no (974,986 votes cast)
AI-generated plain-language summary
This charter amendment would have allowed Los Angeles to establish a city-owned bank or financial institution. The measure failed with 44.2% support in 2018.