City Budget

Budget Crisis Just Beginning

by Paul Bass | Jun 22, 2018 8:21 am | Comments (17)

Paul Bass PhotoTaxpayers are hopping mad about a 11 percent hike in the bills they began receiving this week; some have begun organizing community meetings to explore possible actions against it.

But based on a look at the government’s structural financial woes, the city would have had to raise taxes almost twice as much to truly balance the annual budget taking effect July 1 — or figure out how to cut another $30 million.

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Mayor Vetoes Tax Reduction Order

by Thomas Breen | Jun 21, 2018 1:18 pm | Comments (21)

Thomas Breen photoMayor Toni Harp vetoed a Board of Alders order that requires any “additional revenue” received by the city for the next fiscal year to go towards reducing the city’s new 11 percent tax increase.

That veto comes just a few days after the city’s Parking Authority agreed to send over an additional $2 million to the city to help shore up its struggling finances.

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