The, the, the reason that we focus so much on getting that deficit number down to Zero is if we are to get there, then it means We do not have to raise property taxes, we do not have to make cuts, we do not have to raid our reserves. And that's why their partnership in getting that number down to zero is so critical, because it allows the city to finally be back on firm financial footing, something we haven't been on for quite some time. (31:36–31:44)
CLAIM
Asserts that if the budget deficit is reduced to zero, there will be no need to raise property taxes, make cuts, or use reserves.
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