City weighs property tax hike as $158M deficit looms, 200-plus jobs at risk

City weighs property tax hike as $158M deficit looms, 200-plus jobs at risk
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City leaders warn a $158M deficit by FY2028 could mean a property tax hike of about $6.75 a month for homesteads or 209 job cuts, service reductions, and higher fees. Formal budget proposal due Aug. 13.