Delray Beach works to resolve potential $2.2M budget shortfall

Delray Beach is facing a potential shortfall of more than $2 million after the financial impact of the coronavirus.

NEW AT 5:30 - THE FINANCIALREALITY TO THE COVID CRISIS.LOCAL CITIES ARE STARTING TOSEE THE IMPACT.

DELRAY BEACHWILL DISCUSS A TWO MILLIONDOLLAR SHORTFALL IN THE CITYBUDGET AT THE CITY COMMISSIONTODAY.

SOUTH COUNTY REPORTERMIRANDA CHRISTIAN LOOKED INTOHOW THIS COULD IMPACT THEBUDGET FOR 2021.THE CITY OF DELRAY BEACH MUSTREBALANCE THEIR BUDGET DUE TOCOVID-19.

CITY COMMISSIONERSMUST FIX A POTENTIALSHORTFALL.

1.17 IT COULD HAVEBEEN A LOT OF THAN WHAT WE AREDEALING WITH TODAY THE BUDGETSHORTFALL WAS AS HIGH AS 6.3MILLION BUT CITY STAFF REPORTSTHROUGH REBALANCING BUDGETSAND 2019 FUNDS&THE TOTAL IS2.25 MILLION.

COMMISSIONRYAN BOYLSTON SAYS THE CITYHAS BEEN WATCHING COVIDIMPACTS AND PREPARING FOR ANYLOSSES 6.33 THE TEAM HAS DONEA GOOD JOB AT TRYING TOPREDICT ANY ADDITIONAL LOSSESWHEN IT COME TO UR REVENUE THECOMMISSION WILL ALSO LOOK ATTHE CITYRATE HAS BEEN LOWERED FOR THE5 YEARS.

ANNETTE ANNECHILD HASLIVED IN DELRAY FOR ALMOST 20YEARS&SHE SAYS SHETO HAVE TAXES RAISED BECAUSEOF CORONA IMPACTS 6.30 ASTHESE RIPPLES COME OUT, WE AREGOING TO FIND PEOPLE START TORECOGNIZE THE HUGE IMPACT,CITY-WIDE STATEWIDE ANDCOUNTRYWIDE SHE HOPES THE CITAKES A LOOK FOR NEXT YEARBUDGET TO AVOID ASKIRESIDENT TO PAY MORE 4.10 IHOPE EVERYTHING THAT IS EXTRAGOES AWAY 8.01 IT IS A HARDTIME TO ASK ANYBODY FORANYTHING BECAUSE EVERYONE ISFEELING IT ONE WAY OR ANOTHERIF THE COMMISSION DECIDES TORAISE THE MILLAGE RATE THATWOULD IMPACT A 300- THOUSANDHOME BY ABOUT 25 DOLLARS AYEAR.

4.27 I THINK THIS IS AGOOD YEAR TO KEEP IT FLAT,WHICH IS WHAT STAFF ISRECOMMENDING BOYLSTON SAYS THERATE SET BY THE COMMISSION NWILL BE THE STARTING POINT FORTHE BUDGET DISCUSSION INSEPTEMBER.

WITH BUDGETSHORTFALLS ALREADY AN ISSUEDUE TO CORONA& BOYLSTON SAYSTHE CITY WILL HAVE HARDDECISIONS TO MAKE.

3.27 IT ISTHE ONE WHEN WE STARTBUDGETING FOR 2021, THAT ISWHEN WE ILL START TO FEEL THEIMPACT OF COVID AND SOME OFTHE OTHER THINGS HAPPENING INOUR ECONOMY IN DB MC WPTV NCANOTHER SCHOOL DISTRICT ADDSITS NAME TO THE LIST THAT'SCONSIDERING A DELAYED STAR