What are the projections for Fiscal Year (FY) 2019/20? Is the City expecting a surplus or a shortfall?

The City is currently projecting a revenue shortfall of approximately $10 million for FY 2019/20, which ends on June 30, 2020.

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1. What are the projections for Fiscal Year (FY) 2019/20? Is the City expecting a surplus or a shortfall?
2. What has the City done so far to address the FY 2019/20 revenue shortfall?
3. When will the City know the final tally on revenues and expenses for FY 2019/20?
4. What are the projections for revenue in FY 2020/21?
5. Is the Parks and Recreation Services (PRS) Department being eliminated in FY 2020/21?
6. How often will the City be reviewing the budget, including actual revenues?
7. When will the City’s Fiscal Policies be reviewed/updated?