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Annise Parker on Budget & Economy

 

 


Close $205M budget gap by cuts & fee increases

My number one priority as your mayor is fiscal responsibility. Achieving this during a tight economy requires a willingness to make tough decisions.

When I arrived in the mayor's office, the city was facing a $205 million gap between anticipated spending and available revenues. The economy had pushed down our revenue pool while expenditures were rising due to contractual obligations for health insurance, pensions and employee pay agreed to prior to my arrival. Through a combination of operational consolidations, expenditure reductions, personnel cutbacks, sales of surplus land, cost of service increases and employee furloughs, we have been able to close that gap.

Source: Mayoral website, www.houstontx.gov , Dec 12, 2011

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Page last updated: Jan 11, 2017