#fiscal-shortfall
#fiscal-shortfall

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City facing a $33 million deficit for 2026 - Austin Monitor

City faces significant budget shortfall due to property tax cap.

Council considers tax rate election to address financial challenges.

City employees to receive wage increases despite budget deficit.

Revenue growth slowing, particularly in sales tax collections.

Multnomah County's Homeless Services Department faces a $104 million budget shortfall, a 25% reduction impacting services for the homeless.

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