The city of Cincinnati's budget woes are even worse than city officials feared, with a projected budget deficit of $20 million this year.
City Manager Milton Dohoney came to city council's finance committee Monday afternoon and said that if the present downward trend of city tax collections continues, the city will have a $20 million deficit this year - a scenario that is going to mean substantial budget cutting.Earlier projections made it appear that this year's budget deficit would be about $14 million.
Projections smojections. Remember, just last week, our mayor, Mark Mallory brushed off warnings of a "projected" 40 million dollar deficit for next year.
What's so "progressive" about being ignorant?