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SALINAS DEFICET-10/24/13-18:43-PMD

 OFFICIALS IN SALINAS ARE PREDICTING A RISING DEFICIT.   SOURCES SAY THAT BY THE END OF THE 2014 FISCAL YEAR, THE CITY OF SALINAS COULD BE OPERATING WITH A 5 MILLION DOLLAR DEFICIT, BUT STRESS THAT THIS IS A PREDICTION.  SOME CITY COUNCIL MEMBERS BELIEVE THAT IF THE CITY BUDGET ISN’T BALANCED THE DEFICIT COULD REACH CLOSE TO 13 MILLION DOLLARS OVER THE NEXT DECADE.

 

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