The Los Angeles Business Journal reported on March 10, 2016 that the city of Los Angeles approved a $1.2 billion budget for the 2016-2017 fiscal year that includes funding increases for homeless services, affordable housing, and job training programs. The budget also allocates money to repair streets and sidewalks, hire more police officers, and upgrade the city's aging infrastructure. Overall, the budget aims to address issues around homelessness, housing, jobs, and basic city services and infrastructure needs.