A Los Angeles City Council committee Tuesday postponed a vote on whether to move forward with plans to expand the Convention Center and issue bonds to pay for the project.

The powerful five-member Budget and Finance Committee convened in a special session Tuesday to discuss the project, which has risen in costs despite efforts to reduce the scope of work. Top city analysts said the project cost is $2.7 billion, an increase of $483 million from a March estimate.

“I want LA to be a premier destination for conferences and events. The benefits are real, but the trade offs and costs, and uncertainties, are also real, and every general fund dollar that we commit to this project for 30 years is a dollar that we are not going to be spending on hiring police officers, fixing sidewalks or keeping

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