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Springfield City Council approves sales tax increase and budget

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After a lengthy discussion of possible cuts and accounting moves, the Springfield City Council finally has a budget.  The council voted to approve the budget after passing a 0.25% sales tax increase. Aldermen Redpath, Senor, and McMenamin voted against the sales tax increase. The budget itself passed more decisively, with only McMenamin voting no.

As anticipated, the sales tax increase was not enough to balance the budget. Several amendments to the budget closed some of the remaining gap. However, the budget for Fiscal Year 2018 (FY18) is still has a multimillion dollar shortfall. Worse, there is a “structural deficit” driven by pensions and a shrinking tax base, meaning next year the city will face the same problems again.

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