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Showing results for tags 'budget shortfall'.
Houston Mayor Sylvester Turner (D) achieved his goal of securing unanimous passage of his 1st budget on May 25th, a month ahead of the typical schedule & after an unusually brief & amicable discussion inside City Council headquarters. The $2.3 billion general fund budget, which pays for most basic city services with revenues from taxes & fees, spends $82 million less than the current budget, only the 2nd budget cut for Houston in decades. That is in spite of the city facing an additional $27 million in mandated employee raises & $29 million more in rising pension pa