Government

Gilbert's budget gap options: tax changes, service cuts, bond

Gilbert leaders gathered to discuss the town's budget gap and other financial issues.

Screen capture from YouTube

Monday: Gilbert is facing a long-term structural budget deficit as revenues decline.

As Gilbert officials grapple with a growing gap between revenues and expenses, town leaders are weighing a range of options that could reshape how services and major projects are funded in the years ahead.

During recent financial retreat discussions, staff presented a framework that could include spending reductions, potential tax changes and a new financing approach for several major public safety projects.

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