With budget deficits looming the next several years, the city of Tracy has put out the following fiscal goals:
• Maintain a general fund reserve of at least 15% of the operating budget
• Balance the city budget
• Build up the economic uncertainty fund
• Maintain service levels between now and 2013
• Layoff no employees between now and 2013
I'm taking bets (of a friendly nature) as to which of these goals won't be met. Remember when placing bets that one of the city's stated long-term fiscal strategies is "assesment of potential service level reductions." Any takers?