When the city government held its budget retreat in November, officials estimated that they would need $43.4 million more than would be available to maintain the status quo next fiscal year (July 1, 2010 – June 30, 2011).
City Manager Jim Hartmann was expected to release his proposed budget Tuesday night at City Hall, but last weekend’s storm and the imminent threat of more snow accumulation has postponed the legislative meeting until next Tuesday at 7 p.m. in City Hall’s Council Chambers, a city spokesman said.
While officials and staff members continue to crunch numbers up until that time, a city spokesperson said the deficit will likely be in the ballpark of the original estimate, though new figures like real estate assessments will play a role.
Next week’s City Council meeting begins the tug of war that comes with the budget season. After the budget is proposed, public hearings and work sessions will take up much of Council’s time before releasing the approved document this spring.