Part I of this report situates the research within existing legal and political dynamics by providing a local, state, and federal context of public banking, as well as existing precedents.

Part II draws from the theoretical frameworks of public money, community wealth building, democratic public ownership, and dynamic public banks to articulate a new aspirational model of democratic public banks.

Part III proposes an institutional design of the Los Angeles Public Bank based on the democratic public bank model.

Part IV concludes with reflections on the future of public banking in Los Angeles and the US.