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Council backs five‑year fiscal forecast proposal; comptroller to aim for August report
Summary
A substitute ordinance to create a five‑year fiscal forecast drew bipartisan support. Council President Jose Perez and Comptroller Bill Christiansen said a county model would help identify long‑term gaps; the comptroller recommended delivering a finished forecast in August timed to the annual comprehensive financial report.
The committee advanced a substitute ordinance proposing a five‑year city fiscal forecast that would mirror a county best practice and give policymakers a longer window to identify structural budget gaps. Common Council President Jose Perez sponsored the measure and described the county forecast as a useful blueprint for Milwaukee policymakers. "The goal of this forecast is to determine the extent of actions necessary to close the gap…
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