QUESTION
Why are smaller agencies facing budget cuts despite their minimal impact on the city's overall budget?
3:19:04
·
59 sec
Budget Director Jacques Jiha explains that due to the scope of fiscal challenges, all agencies are required to contribute, with smaller agencies receiving exemptions if unable to absorb the cuts.
- All agencies, regardless of size, are asked to contribute to addressing the city's fiscal challenges.
- Smaller agencies with less capacity to handle budget reductions ("pegs") may receive exemptions.
- The decision to impose cuts on smaller agencies is based on the need for a collective effort to manage the city's financial situation.
- The administration acknowledges the difficulty smaller agencies may face in absorbing these cuts and provides support accordingly.
Nantasha Williams
3:19:04
And just overall, I know you guys have a hard task, but if you could help me understand how the administration just justifies imposing such cuts on much smaller agencies with a budget that makes up only a small fraction of the city's overall budget.
Jacques Jiha
3:19:20
Again, the challenge is this hope in the size of the charm of the problems that we had.
3:19:25
And as Exalt, as I said, it was your whole hands on deck approach.
3:19:30
Where we ask every agency to make contribution.
3:19:33
And we understand that, as I said, some agencies have less capacity to handle the pegs.
3:19:43
And that's the reason why we give you the budget.
3:19:45
And if we utilize, they don't have the world at all.
3:19:48
To absorb the pegs, we provide them some exemption.
3:19:52
But, again, this is the scope and the as of the challenge was so big that we had to make sure that a will indeed participate.
Nantasha Williams
3:20:03
Thank you.