Mayor Outlines Plan To Get City Back On Track 10-19-2010 - WNEM TV 5

Mayor Outlines Plan To Get City Back On Track 10-19-2010

Flint's fiscal troubles are nearing an impasse as spending cuts and higher taxes could be necessary to help alleviate a projected $5 million budget deficit.
Those cuts and taxes would only be instituted to avoid cuts to police and fire services.
Flint Mayor Dayne Walling said that city government jobs will need to be cut if concessions aren't reached with unions in the next 30 days.
Walling laid out a five-point plant to help wipe out the deficit facing the city.
It calls for adjusting city services for savings, rolling back employee compensation -- including a double-digit concession from unions, resizing personnel levels through early retirements, generating new revenue streams -- meaning a possible tax increase, and an effort to borrow money to pay off past loans.
"We just need to bring costs in line with our revenues," Walling told TV5. "I'm confident that we're going to get there."
Walling is hoping the six unions that represent city employees agree to at least a 10 percent pay cut.
Walling also said if concessions aren't made, more than 50 employees will be cut with many of those cuts coming from public safety.
The looming date on the calendar for the cuts and concessions is Nov. 19.
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