if you go A deficit of more than
"It only affects the general fund expenditures,"
He said the shortfall stems from a number of issues. Gambling revenue is down at
When combined with a decrease in local option sales tax revenue, the corresponding hit to the operating budget will reach
"(The local option sales tax) is a pretty reliable tax,"
At least a portion of the unanticipated revenue decline can likely be attributed to the coldest winter in more than four decades and subsequent drop in retail sales, according to
Frequent bombardments of ice and snow this winter also have drained the city's road salt supply, which could tack an additional
"On an average year, we use 8,000 tons of salt. We started this winter with 15,000 tons," he said. "The most we've ever used in a winter is 12,000 tons. It looks like there's a chance we might use it all (this year)."
The hiring freeze will carry over into fiscal year 2015, which begins
The freeze will be lifted once city administrative officials feel revenue and expenses are back on track to meet FY15 projections.
The council will discuss potential cuts to already budgeted capital projects Monday, and it will make final decisions
Projects on the chopping block, including more than
if you go
A deficit of more than