Since the recession, the City has lost approximately 25% of its sales tax revenue, and the State took another $8 million from the City when it eliminated redevelopment funding in 2012. At the same time, changes in pension funding are projected to increase City costs by an additional $6 million in the next five years. This has impacted funding available for public safety and public work services.
The City has taken a proactive approach to reducing its expenditures, including reducing staff, streamlining city services and increasing employee shares of their pensions in order to maintain the level of services our community desires. Even with these measures in place, the City is facing a cumulative deficit of nearly $19 million over the next 5 years.
Given that the police department and other City services account for a large portion of the City’s general fund budget, there is only so much that can be cut before it begins to negatively impact our community.