Kalamazoo faces $2.5-million deficit for 2014

8:37 am
Tue May 21, 2013

Kalamazoo faces $2.5-million deficit for 2014

Lead in text: 
Early retirement program has helped, but deficit remains for variety of reasons
  • Source: Mlive
  • | Via: Kalamazoo Gazette
The city will have to close a $2.5 million structural gap for fiscal year 2014 by increasing revenue and making cuts. In fiscal year 2013, it still falls $0.5 million short in the General Fund, city administration told the Kalamazoo City Commission on Monday in an update to the city's Early Retirement Incentive.