Fresno's Spending to Surpass Revenues for Next 5 Years. What's the Plan?

Fresno's Spending to Surpass Revenues for Next 5 Years. What's the Plan?

A day after presenting his record-setting $2.55 billion budget to media, Fresno Mayor Jerry Dyer made his pitch to councilmembers Thursday. As Dyer warned that next five years will likely be spent in the red, the discussion quickly turned to the city’s long-term financial outlook. That conversation included a long-term planning proposal for development in southeast Fresno, which Councilmember Tyler Maxwell said could provide Fresno with good pay…