LOS ANGELES -- Richard B. Dixon, admired by many for his support of new financing techniques, announced yesterday he would resign as chief administrative officer of Los Angeles County.

Mr. Dixon said Tuesday in a letter to the board of supervisors that he would leave his post as head administrator of the nation's largest county by year's end. The announcement comes after a grand jury report last month accused him of misspending public funds and local officials called for his removal.

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