Is the city of Houston facing a $20 Million or $103 Million shortfall?
How could the numbers be so far apart? That’s what many Houston city hall insiders and taxpayers are asking after city controller Annise Parker sent her most recent monthly financial report to Mayor Bill White and city council members,. It projects a $103 Million shortfall in the general fund. 2 on the Beat was given a copy of the interoffice correspondence, and you can read it here: www.houstontx.gov/budget/mfr/fy10/july/i.pdf Parker’s letter says the shortfall is a result, in part, of the city collecting substantially less than expected revenue from both property taxes and sales taxes. But late Sunday evening, Mayor Whites’ spokesman Frank Michel strongly disputed the numbers released by the controller. Michel told KPRC Local 2 that the revenue projections are off by $20 Million, not $103 Million. Michel said Parkers numbers are incorrect. He stressed that the Mayor is not considering any drastic cutbacks in city services, nor is Mayor White on the verge of ordering furloughs for cit
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- Is the city of Houston facing a $20 Million or $103 Million shortfall?
