Delete spent money account1/30/2024 ![]() So we need to plan and prepare for the future, and make sure we are ready when the fiscal funds expire," Brown said. "Unfortunately, two-thirds of the city budget, the general fund budget, the operating budget, is personnel," Brown said.įor example, if the city was trying to cut $200 million in spending, that would remove about 3,000 employees from the city's 15,000-person workforce. Speaking to journalists on the plane to Japan, Mr Sunak. So if Houston continues to outspend its revenue after 2026, drastic cuts may be made. Heres more from Rishi Sunak, who has detailed his priorities for an 'intense period of diplomatic activity' at the G7 summit in Hiroshima. Where the COVID relief funding is going has to be decided by the end of 2024, and it must be spent by 2026. The mayor's fix to that problem for 2024 is to eliminate the projected $160 million spending deficit by investing $160 million of COVID-19 relief funds to plug the holes in the 2024 budget. "For the eight years in office, we have always spent more money than we have taken into revenue," Brown said. The city's chief financial officer, Controller Chris Brown, said he sees a lot of positives in the budget. "It is a budget that in many ways is futuristic because we will be handing it off to the next mayor," Turner said. While you can’t have any back, there are two cases where. On Tuesday, Turner said his 629-page budget is his best work yet. Two options for that extra cash You can contribute up to 2,550 to your FSA this year, so you could have a lot of unused money to spend. We won't have that until the end of June. Keep in mind, what we have been presented is not the final version. Coming in at a massive $6.2 billion, it outpaces the current budget by an additional $500,000. ![]() HOUSTON, Texas (KTRK) - Mayor Sylvester Turner released his last proposed budget as Houston's mayor. The latest proposal is outpacing the current budget by an additional $500,000, but cuts could be possible if the city doesn't figure out spending.
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