Mayor Frank Melton’s administration is still pushing to restructure long-term debt to fix a $3.4 million city budget shortfall.
Rick Hill, director of administration, said it was the most logical of three choices they have because of reduced revenues and fees paid to the city. The other options are layoffs or dipping into the city’s reserve fund.
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Lisa Mascaro, Associated Press
, Kevin Freking, Associated Press
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May 22, 2025
House Republicans pass Trump’s big bill of tax breaks and program cuts after all-night session
Speaker Mike Johnson defied the skeptics within his ranks and muscled President Donald Trump’s priority bill to approval Thursday.