Development not enough for Milwaukee’s budget
Published: July 16, 2009
Tags: budget, cutting services, development, fees, Milwaukee, pension system, shortfall, taxes, TIF, Tom Barrett
Comments: 1
Sean Ryan sean.ryan@dailyreporter.com New development is a long-term solution to balancing a city budget but unlikely to fix Milwaukee’s money trouble in the next year. The city is facing an $85 million to $90 million gap between costs and revenue in the 2010 budget because of payments to Milwaukee’s pension system. As city officials contemplate [...]