New Smyrna Beach half-million-plus in budget deficit; tough times ahead in meeting expenses without further cuts in spending
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Photo and story submitted by contributing writer Dale Smith / City Finance Director Althea Philord informs city commissioners on half-million-plus deficit and a three-year run of revenue shortfalls with the tax rate unchanged unless further cuts in spending are made.
NEW SMYRNA BEACH – City commissioners are staring at a $541,000 deficit for Fiscal Year 2011-2012 and are reviewing budget projections to whittle away at that figure.
