LA lost out on $6 million in rent from city fairgrounds, say auditors

A state audit found Los Angeles County “likely lost out on more than $6 million in revenue” from its 500-acre fairgrounds because it didn’t adequately monitor its lease with the L.A. Fair Association, says the Los Angeles Times. “State Auditor Elaine Howle said the revenue was lost while the fair association paid its executives compensation… » Read More

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