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What You Should Know / January 3, 2012 -- Villaraigosa has also relied on a second, less understood strategy for keeping the city in the black: postponing at least $100 million in personnel costs until after he leaves office, a Times analysis found. Working in sync with the City Council, Villaraigosa has delayed paying for such obligations as police overtime, unused sick time, contractually agreed-upon wage hikes and an early retirement program that gave 2,400 employees full pensions five years ahead of schedule. The next mayor, and possibly the one after that, will inherit the tab. And, as a result of another mayoral initiative, there could be less City Hall cash at that point to pay the bills, because Villaraigosa also wants to eliminate a business tax that generates $439 million annually.

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