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Santa Rosa outlines multi-year budget plan, schedules May budget study sessions
Summary
City leaders said one-time reserves give the city a roughly two-year runway to restructure finances; officials announced an April update and May 6–7 budget study sessions and urged residents to follow the process.
Santa Rosa city leaders on a virtual town-hall said the city is facing flat revenues and rising costs, but officials described a multi-year plan that relies on one-time reserves and a two-year runway to restructure operations.
City Manager Markisha Smith and Mayor (name not specified) told viewers that sales and property tax growth has slowed from the high levels seen during and immediately after the pandemic and that those lower ongoing revenues, combined with higher costs, have produced a forecasted budget gap. "For the city of Santa Rosa, as with most cities in…
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