Sacramento City Council aims to cut down projected $62 million budget shortfall

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Sacramento City Council aims to cut down projected $62 million budget shortfall

On Tuesday night, the council discussed how to address an impending projected shortfall. A discussion item on the council's agenda states that the city is projected to have a $62.2 million budget gap in the 2025-26 fiscal year.

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Sacramento’s latest budget deficit is $62 million. Here’s how officials want to lower it

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Sacramento City Council takes action to lower budget deficit - City Express

The Sacramento City Council Tuesday voted to reduce the projected Fiscal Year 2025/26 budget deficit by $23.6 million, approving the use of prior year savings to help close the budget gap. Council’s action helped offset a sharp reduction in homelessness funding from the State, announced on Feb. 24, which had increased the deficit by $5.4 […] The post Sacramento City Council takes action to lower budget deficit appeared first on City Express.