So what we're proposing is to get ready for that. One little bit of good news is that this year has been very good so far for the city in terms of tax receipts. And We have the resources to bank at least a billion dollars that we can put in reserves. and make sure it's there next year when we need to stand up and protect people. I'll just give you one example of the kind of protection we're likely to need. (1:23:45–1:23:51)
CLAIM
Asserts availability of resources to reserve at least a billion dollars.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
