The structural deficit · FY2027
The $29 million gap, step by step
Each year the city projects what it will cost to keep doing what it does today, and what it expects to collect. Here's how the city's own estimate moved from the first projection to the number it planned around.
- −$32.3MInitial estimate
- +$5.1MRevenue came in higher
- −$1.6M1947 Center St. debt service
- −$1.1MPropping up parking funds
- −$1.5MNon-departmental costs
- −$31.3MBefore one-time money
- +$2.1MOne-time moneyOne-time (one-time resources). Money available only once — e.g., reserves, a fund transfer, sale proceeds. Useful to bridge a single year but dangerous to rely on for recurring costs, because the gap reappears next year.
- −$29.2MGap to close
- −$33.2MInitial estimate
- +$8.3MRevenue came in higher
- −$1.6M1947 Center St. debt service
- −$1.1MPropping up parking funds
- −$1.9MNon-departmental costs
- −$29.5MBefore one-time money
- $0One-time moneyOne-time (one-time resources). Money available only once — e.g., reserves, a fund transfer, sale proceeds. Useful to bridge a single year but dangerous to rely on for recurring costs, because the gap reappears next year.
- −$29.5MGap to close
How the city plans to close it
Mostly with ongoing cuts of about 10%.
If the sales tax fails$29.3M in department cuts (10.3%)
If the sales tax passes$19.8M in cuts (7.0%)
In FY27 the tax money is applied as a one-time bridge while ongoing revenue ramps up.