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Lackawanna County official says recent cuts shrank deficit; preliminary 2026 budget aims to close $5 million gap without a tax increase
Summary
A Lackawanna County official told county leaders that last year’s spending cuts and revenue measures have reduced the county’s deficit by “tens of millions” and stabilized cash flow, and said a preliminary 2026 budget to be presented next week is intended to close an approximately $5 million shortfall without raising taxes.
A Lackawanna County official said the county’s recent fiscal actions have significantly reduced its deficit and stabilized cash flow, and that a preliminary 2026 budget to be presented next week is intended to close an estimated $5,000,000 shortfall without a tax increase.
The official thanked consulting firm PFM, the Department of Community and Economic Development and the county chief financial officer for their work and candor, saying “the tough, unpopular decisions that were made last year were not only necessary, but they are working.” The speaker…
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