City Hall's Very, Very, Very, Very, Very, VERY Early Look at Next Fiscal Year's Budget Gap
That's but one expense the city manager and CFO Jeanne Chipperfield want to warn council about Wednesday, when, during just the second of many budget workshops to come, they'll walk them through the PowerPoint below that says, look, if y'all want to eliminate mandatory leave days, give the AT&T Performing Arts Center all of its money, restore funding to closed rec centers, bump the library materials budget, it's going to cost you. Around, oh, $50 to $60 million. And depending on how the tax rolls roll in come May and how much we pocket in sales taxes (a figure that's still on the rise) and how much surplus property the city can sell off and a whole bunch of other stuff, there could be a budget shortfall. Around, oh, $48.9 million to $87 million.
But this is early-days stuff -- seven months before Suhm even presents her proposed budget. Just keep in mind: "Forecasts are very preliminary and will change before FY 2012-13 budget is recommended on Aug 13." Still, look out below. BudgetWorkshop2FY201213PreliminaryOutlook_02012012