City looks to trim budget amid deficit projections in coming years

Legislative Update - Nebraska City News-Press

We’ve entered the final full month of the 2025 Legislative Session and will begin our work on the state budget starting Tuesday, May 6. On Friday, April 25, Nebraska’s Economic Forecasting Advisory Board revised its budget projections, adding another $190 million to the state budget deficit over the next two years, as revenues continue to fall short of expectations. As a result, we are now facing a larger budget shortfall than anticipated just a…

City looks to trim budget amid deficit projections in coming years

The City of San Antonio could be facing a hefty budget deficit in the near future if changes are not made.On Wednesday, San Antonio officials briefed councilmembers on the city’s budget through its second quarter for FY 2025 and provided a five-year financial forecast for future fiscal years. The main takeaway from the budget update was that the city’s major revenue sources were seeing slower growth than anticipated. Those sources included prope…