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2020/02/26 Council Agenda Packet
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2020/02/26 Council Agenda Packet
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3/3/2020 9:14:56 AM
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3/3/2020 9:11:43 AM
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Council Agenda Packet
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2/26/2020
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2/26/2020 <br /> General Government Five-Year Forecast <br /> PROJECTED DEFCIT REDUCTION <br /> (MILLIONS) <br /> +Projected Deficit 12/13/17 —a—Projected Deficit 9/18/19 <br /> -$35 <br /> $(30.2) <br /> -$30 $(26.7) <br /> -$25 $(23.7) $(22.5) <br /> $(21.0) <br /> $(19.1) <br /> -520 <br /> $(16.4) $(16.6) <br /> -510 <br /> -5 5 <br /> $- <br /> 50 <br /> 2020 2021 2022 2023 2024 <br /> Average Projected Deficit Reduction 2021 —2024: $7.6 million <br /> 5 <br /> General Government Five-Year Forecast <br /> Revenue vs Expenditure Growth Four-Year Forecast <br /> 5.0% Average <br /> 4.0% 3.8% <br /> 4.0% <br /> 3.5% 3.5% <br /> 3.0% <br /> 1.0% 2.0% 1.6% <br /> 0.5% 1.5% <br /> 0.0% <br /> Forecast Forecast Forecast Forecast 1 oy <br /> 2021 2022 2023 2024 0.5% <br /> . Revenue Growth Rate —11—Expenditure Growth Rate 0.0% <br /> 6 <br /> 6 <br />
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