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Annapolis' Financial Advisory Commission is concerned about a budgetary “structural deficit,” caused when recurring expenses exceed recurring revenues. . The responsible thing for the mayor and City Council to do is something they have avoided for many years: reduce the size of the city’s enormous staff of almost 680 employees. ....
Members of an Annapolis commission expressed doubts about the city’s ability to pay its bills in two years when the federal aid package it received during the COVID-19 pandemic runs out. ....
The Annapolis City Council will need to decide whether to enter a public-private partnership to pay for a new Noah Hillman Garage, or issue bonds to finance the $63 million project. ....
Revenue projections for the operating budget in the 2022 fiscal year are expected to be about $1 million higher than prior projections while expenditure projections have dropped from $90.9 million to about $88.8 million for the current fiscal year. ....