Wd5Aug2010 2
Wd5Aug2010 2
Wd5Aug2010 2
She is so deserving Little or no growth in local sales and business tax revenues
of this recognition and a continued decline in the City’s portion of state-
as she has done so shared income taxes mean that the General Fund cannot
much for our sustain existing service levels. From Fiscal Year 2008 to
Community. the Fiscal Year 2011 end projection, these revenues
Hope to see you all decreased by $64 million.
For the past three fiscal years, the City has used temporary
in November when measures to address deficits. One-time measures and
she receives her restructuring debt are not available options for balancing
award at the the Fiscal Year 2012 budget.
Desert Diamond Casino.
The Core Tax Committee, a citizens committee appointed
Also congratulations by Mayor and Council, has recommended a five-year, half-
to Rudy Molina of LeCave’s Bakery, cent sales tax for core services that will go before city
who was nominated for the Tucson voters in the November general election. The tax could
generate an estimated $40 million annually. The
Hispanic Chamber of Commerce
Committee is also developing a “Plan B,” which is
Businessman of the Year. recommended alternative options to address the General
Fund structural deficit. All City and Committee proposals
would go before the Mayor and Council for consideration
and approval.