The Village has been facing a lot of increased graffiti (by that I mean, tagging... and I'm sure some street art too) and one of the tactics was to put the icons (that you see on the left hand side of various pages on their website) on traffic control boxes and whatnot. I would rather see them doing something a little more creative and engaging like this traffic control box I saw in Emeryville (outside of San Francisco) because..."uhhh... what is that" conversations can beget from it. And more importantly, I really like that shade of yellow.
By the way, if you see graffiti in Sherman Oaks, call 311 to report it. Or do it online.