
Speaker A
62:41 - 63:55
"we have been— the assembly has been conservative for many years, so we have had savings that can help us weather the storm, but I'm not sure we have begun to actually truly understand what the size of that deficit is. I mean, um, we mean the community. When we put together the list that that, um, we heard so much about from the community, that was a list of how to make up a $2 million deficit. We are looking at an $8 million deficit"
“we have been— the assembly has been conservative for many years, so we have had savings that can help us weather the storm, but I'm not sure we have begun to actually truly understand what the size of that deficit is. I mean, um, we mean the community. When we put together the list that that, um, we heard so much about from the community, that was a list of how to make up a $2 million deficit. We are looking at an $8 million deficit”
Um, I, I do think I'm more in, in the same camp as the mayor and Miss Youskandis in terms of needing to make some harsh decisions tonight that will ensure we have some fund balance to deal with the uncertainty ahead, as well as just the reality of looking at that operating deficit. I, I know that Um, you know, we have been— the assembly has been conservative for many years, so we have had savings that can help us weather the storm, but I'm not sure we have begun to actually truly understand what the size of that deficit is. I mean, um, we mean the community. When we put together the list that that, um, we heard so much about from the community, that was a list of how to make up a $2 million deficit. We are looking at an $8 million deficit, and I, um, shudder to think what the list would have looked like had we done that exercise that, um, whoever is in these seats next year will have, have to do to get to that.
The Juneau Assembly Finance Committee voted Wednesday night to cut $736,000 in recurring expenses from the city's operating budget, but the city still faces a projected fund balance deficit of $687,000 for fiscal year 2027.

The Juneau Assembly Finance Committee voted 5-4 Wednesday night to reduce Travel Juneau's hotel bed tax funding by $400,000 on a recurring basis, cutting the destination marketing organization's budget from roughly $1.27 million to about $867,000.
