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Jackson City officials outline plan to close $23 million general‑fund shortfall
Summary
City CAO Peter Tawelson and CFO Jillian Caldwell presented a three‑phase plan and $10.7 million in immediate reductions to begin closing a $23 million general‑fund gap, while council members pressed for detailed FY25 actuals and clearer revenue breakdowns.
Jackson City leaders laid out a multi‑stage plan to close a roughly $23 million shortfall in the general fund and promised detailed line‑by‑line numbers to the council.
At a finance committee meeting, CAO Peter Tawelson warned the shortfall — combined with about $7 million in disputed water bills — amounts to a broader fiscal challenge approaching $30 million. CFO Jillian Caldwell said the budget the council adopted for FY26 totaled $135 million, while verifiable revenues are about $112 million, producing a gap of roughly $23 million.
The administration proposed a two‑step start: first, return department budgets to FY25 actual spending (which staff say yields about $10.7 million in immediate reductions); second, pursue additional “modules” of potential savings and revenue options to identify the remaining roughly $13 million. Caldwell described a three‑phase modernization plan…
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