Long Beach votes to ask state for financial help

Posted: Updated:
LONG BEACH -

The City of Long Beach could get up to $5 million in state grants and loans if the state agrees to review its finances.

The Long Beach City Council voted Tuesday night to ask for a state financial review board to look into the its budget troubles.

If the state agrees to review the city's finances, Long Beach would get state aid in exchange for state-mandated reforms.

It would also mean a state watchdog would oversee its financial decisions. 

Long Beach currently faces a $4 million budget hole.

The state board meets later this month to consider applications.

It could take up to four months to approve the financial aid.  

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