It is a massive budget. The residents just keep passing ballot initiatives and spending. For comparison NYC has a budget per resident of ~$9,500. But don't l

It is a massive budget. The residents just keep passing ballot initiatives and spending. For comparison NYC has a budget per resident of ~$9,500. But don't let that fool you into think NYC has it figured out. The city is nearly $200 billion in debt and will probably go bankrupt if there is another big recession.