Job layoffs coming after $1.6 billion budget passage, warns Sacramento official
Sacramento's city council passed a $1.6 billion budget on Tuesday that closes a $66 million deficit and avoids job layoffs. Sacramento's city council passed a $1.6 billion budget, which includes closing a $66 million deficit and avoiding job layoffs, but is only part of the potential job cuts. Council Member Lisa Kaplan warned that job cuts or layoffs could be imminent due to the structural deficit for the next four years. She also expressed concern about deferred maintenance issues facing the city.
ที่ตีพิมพ์ : 10 เดือนที่แล้ว โดย Mike TeSelle, https://www.facebook.com/ ใน Business
Sacramento's city council passed a $1.6 billion budget on Tuesday that closes a $66 million deficit and avoids job layoffs.However, that is only part of the potential job cut story.Before a divided 7-2 vote to pass the budget, Council Member Lisa Kaplan spoke about the real possibility that job cuts or layoffs are coming in the future."While I am glad that we addressed the $66 million deficit, I think we could've done potentially a little bit more, because guess what? Next year we are going to have to cut people," Kaplan said. "This was an easy budget. While we had budget cuts, we have to understand that we have structural deficit for the next four years."Estimated structural budget deficit in coming years:$77.6 million in 2025-2026$86.4 million in 2026-2027$98.6 million in 2027-2028$117 million in 2028-2029 "This (budget) was easy. We saved people. I don't know how, even if we get money from the state ... how we cut where our services stay the same and protect our employees and we pay them what they deserve," Kaplan said.Council Member Katie Valenzuela, who was one of the two votes against passage of the current budget, also expressed concern about ongoing deferred maintenance issues facing the city.See more coverage of top California stories here | Download our app.
หัวข้อ: Unemployment