For the 2012-13 school year the district faced another $1 million budget shortfall.
State officials, predicting a budget shortfall, say they cannot offer more.
Several weeks ago, the school system faced a $26 million budget shortfall.
The state faces a budget shortfall of about $5 billion.
When he left office, the city was facing a $80 million budget shortfall.
The budget shortfalls of recent years have left us rather behind the times.
The city faces a budget shortfall of nearly $5 billion.
These plans were put on hold in 2008 due to a budget shortfall.
The district still has a $20 million budget shortfall for next school year, only two months away.
The state is facing a budget shortfall of over $1 billion.
Further, the state may face its own big budget gap.
That would increase its expected budget gap to well over $2 billion.
And the city needs money to close its huge budget gap.
The city does face large budget gaps in the out years.
But doing that would still leave a $1.7 billion budget gap.
Of that, $66 million was used to help close the budget gap.
To close the current budget gap, the state had to use $180 million from its general fund.
At the current spending rate, there would be a $1.5 billion budget gap by the end of the five years.
The cut is to be part of the Mayor's effort to close a $1 billion budget gap.
The budget gap may be even worse than it already seems.
