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City finance director outlines $25M shortfall, 0‑based budgeting and franchise fee increase
Summary
City Finance Director Vicky Van Buren told the Ward 6 NAB the city balanced the current year using $9.5M in one‑time funds and $16M in reductions after a multi‑year revenue shortfall; staff are pursuing 0‑based budgeting, hiring freezes and a sanitation franchise fee increase to help close gaps for FY27.
City Finance Director Vicky Van Buren briefed the Ward 6 Neighborhood Advisory Board on April 6 about the city’s fiscal condition, explaining how recent revenue trends and inflation produced a multiyear shortfall and what steps the city is taking to balance future budgets.
Van Buren said the general fund for the current year is about $321 million and that across all funds the city accounts for roughly $1 billion. She told the board the city had used $9.5 million in one‑time funds and $16 million in reductions — including staffing freezes — to close a…
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