on the hook

In just the first three months of the fiscal year, the city is on the hook for more than $47 million to resolve lawsuits and claims for injuries and other incidents on public property.

If LA28 spends too much — or fails to generate enough in corporate sponsorships and other revenue — city and state taxpayers will be on the hook for hundreds of millions.

If the nonprofit is the seller — even if it’s an organization whose work aligns with the goals of Measure ULA — it’s on the hook for the tax.

Those who choose not to purchase the optional flood insurance package will be on the hook for water damage.

“You are on the hook for tens of millions of dollars, and you don’t know your obligations,” Kavanaugh said, looking at the issue from the city’s perspective.