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Definition: A financial forecast is a fiscal management tool that presents estimated information based on past, current, and projected financial conditions. This will help identify future revenue and expenditure trends that may have an immediate or long-term influence on government policies, strategic goals, or community services.

Flexi Bull, "The city will do something". Do you have some inside information, because as of right now we have not heard anything out of city hall on how this will be fixed except the following:

1) city will not ask to exceed the 4% max tax cap.

2) city will not seek supplemental tax increase

3) city is seeking 5% cut in non salary and benefit line items for a $750,000 savings

In the meantime the following facts are:

1) city and school structural deficits in the fiscal 2019 budget (ends June 30) is about $11 million

2) Mayor proclaimed the structural deficit for the 2020 fiscal year can be as high as $18 million

3) the city rainy day fund is not the $25 million reported by former Mayor Avedisian, but only $13 million

So when a max tax increase can only yield $8 to $9 million dollars and all the other constraints on raising more money have been rejected, what is the plan to fill the $10 plus million deficit in the 2019 budget which expires on June 30, and the 2020 deficit of $18 million.

Either city hall has dug up a pot of gold and there really is more money available or there is no plan to solve this problem.

Either way, its time to level with the citizens, and disclose what is the plan.