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Consultants tell Orange council to cut costs, 'radicalize' economic development and plan a 1% sales-tax measure to avoid multi‑year shortfall
Summary
Grant Thornton presented a financial assessment warning of a projected $45 million general-fund shortfall over coming years and a risk of exhausting reserves in roughly three to four years unless the city pursues an immediate 12% cost reduction, steps to boost commercial tax base, and prepares for a 1% local sales-tax measure.
Grant Thornton Advisors presented a citywide fiscal assessment and delivered a stark message: the City of Orange faces a structural revenue shortfall that, absent action, could deplete emergency reserves and threaten financial stability within three to four years. The consultants traced the problem in part to one-time federal COVID funds that were used to support ongoing personnel costs, the addition of dozens of FTEs with recurring expense implications, and a…
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