Tag: deficit

Closing the gap

City manager proposes budget with property tax hike, modest employee compensation and broad-ranging spending cuts

OUR VIEW | Fiscal restraint on parade

Sometimes, though we look really hard, the silver lining just isnt present in a bad situation. Fortunately, most of the time something good does come from unfortunate events. The citys current budget deficit of more than $40 million is an example of the latter.