Tucson City Council is set to decide how to spend $150 million in excess funds over the next five years.
Nicole Ludden Tucson City Council will decide in the coming months how to spend $150 million worth of extra funds to improve core services like public safety while addressing ongoing hiring challenges.
People are also reading… City Manager Michael Ortega outlined nearly $90 million worth of recommendations for spending part of the extra money, or the supplemental budget, at city council’s Aug. 9 meeting. “It is all based on mayor and council priorities and what we have been hearing for years in terms of the needs that both departments have and the community has,” Mayor Regina Romero said. “The way I see it is that these investments are a direct investment into city services that will benefit our community.”How did we get here?After the 2008 recession hit, Tucson established a strategic reserve goal to wade the financial storm.
Ortega presented the spending plan with cautious optimism, writing to mayor and council in a memo that “Years of strategic decisions” have put the city in “a strong financial position,” but that “We continue to be cautious about the potential for volatility in our revenues and sustained cost inflation that impacts the budget.”
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