Tag budget committee
Salem budget committee discusses rosier, but still severe budget deficit projection
The Salem city budget committee met on Wednesday night to discuss the updated projection for the city’s budgetary deficit. Last Friday, the city announced that its forecast review team, a group convened by City Manager Keith Stahley, downgraded the deficit projection from about $18 million to roughly $14 million.
New forecast shows smaller Salem budget deficit, but deep cuts still likely
Budget committee members and local business leaders recommended tweaks to the way Salem plans its budget. The result is the city has about $4 million less to cut this year to balance its books.
Salem faces deep budget cuts in 2025. Here’s what to know about the process.
Balancing Salem’s budget for 2025 will be a months-long process that almost certainly requires deep cuts. City councilors and Salem’s budget committee said the challenge ahead will include gauging its priorities on city services and including community input when it comes time to make reductions.