We'll limit discretionary spending. We'll reduce and restructure contracts. Next slide. Let's talk about how we actually fundamentally solve the structural challenge I walked you through earlier, which is Expenses [are] growing faster than revenues and revenues flattening faster and faster. For us, this means actually building a government that is smaller, that's faster, and that's easier. And for us, that means we've got to make it smaller by. Right. (14:14–14:19)
CLAIM
Asserts that the city's expenses are increasing at a rate that outpaces revenue growth.
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.
