Approve $5.96 million deficit budget for fiscal year 2014-15
In Plain English
The city faces a $5.96 million budget shortfall for the upcoming fiscal year. The city has $12.25 million in cash reserves to cover the deficit. If approved, the city spends more than it collects in taxes and fees but avoids immediate service cuts.
Auto-generated summary. Source: official agenda documents.
Votes
Preliminarily approve the budget, subject to formal meet and confer with the unions and with the inclusion of $150,000 for the YouthWorks STOP Program, and also with the inclusion of not to exceed $10,000 for a stop sign on 35th Street
6 to 1
End debate
6 to 1
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