City Manager Updates Tucson City Council on Budget Numbers
Posted February 24, 2016
Tucson City Manager Michael Ortega told the Mayor and Tucson City Council yesterday that the City narrowed next fiscal year's projected budget deficit to $25.6 million, down from $42 million projected last December. A hiring freeze, retirement incentives, and other cost-cutting measures approved by Mayor and Council helped bring down the number.
Looking ahead to the next fiscal year, which begins July 1, the City is projecting flat sales tax and property tax revenues.