He said the city could probably keep its budget balanced for the coming year solely by letting thousands of positions fall vacant through attrition.

The company ended its last season with the budget balanced for the ninth consecutive year.

Now, the budget has been balanced for the third straight year.

The board determined that the city successfully balanced its budget for the just-ended fiscal year.

"Some outfitters make their books balance for the year because of the spring fishing."

At stake is the Mayor's preliminary plan to balance a $30.5 billion budget for the fiscal year that begins in July.

This means that the two sides must agree to budget modifications that will balance the books for the fiscal year that has just ended.

The city's budget was balanced last year, for the fourth year in a row.

There are no widespread layoffs in the mayor's plan to balance the budget for the next fiscal year, which begins on July 1.

Arthur Mitchell, the director of the company, said the cutbacks balanced the budget for the current fiscal year.