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.
Ortega said his office continues to work on solutions, and he will begin to bring recommendations to the City Council on March 8. Those recommendations will include spending cuts and possible fee increases.