Receive update on city's 5-year budget outlook
In Plain English
The city's 2017 budget is balanced, but officials warn that current spending will drain reserves in coming years. Finance staff will present projections showing the city needs expense cuts, new revenue sources, or voter-approved tax increases to avoid future deficits. The presentation outlines financial challenges facing Richmond over the next 5 years.
Auto-generated summary. Source: official agenda documents.
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