The Orion

City approves deficit reduction plan

City approves deficit reduction plan

Bill Hall

December 18, 2013

Filed under News

Chico is taking steps to put its financial house in order with a long-term plan to address the city’s daunting fiscal situation. The city has about $15.2 million in deficits within six funds where revenue sources have been depleted. The City Council approved a plan on Tuesday that would pay $1.52 million over 10 years to addr...

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