Los Angeles, CA

Los Angeles Mayor Antonio Villaraigosa began the formal transition of power to his successor on Thursday, hosting Mayor-elect Eric Garcetti for breakfast at Getty House where he told reporters that the city councilman had his "full support."

During years of cuts to basic services, Los Angeles city officials say, nearly $43 million piled up unnoticed in a Department of Transportation fund because of an accounting error.

Scott London, a Los Angeles partner in one of the nation's largest accounting firms, says it began four years ago.