Pasadena’s Deficit Widens
By Pasadena Independent
Published: Monday, March 30th, 2009
According to the city, a widening budget gap (AKA structural deficit) has been caused primarily by the economic downturn and the crisis at the state budget level. City Manager Michael Beck will present a recommended strategy for reducing spending and increasing revenues tonight as the council and the community prepare for the next fiscal year’s budget (July 1, 2009, through June 30, 2010).
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Posted by Pasadena Independent
on Mar 30th, 2009 and filed under Latest News.
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