City of Lubbock Faces Budget Deficit - KCBD NewsChannel 11 Lubbock


City of Lubbock Faces Budget Deficit

This is city manager Lou Fox's first tough job since he was hired in April. Fox is looking deep into each department, examining city spending, and looking for ways to bring more money into the city's revenue to balance the city's budget.

When NewsChannel 11 met with Lubbock City Manager Lou Fox and asked him what kind of deficit the city was facing, he gave us this answer, "Well, that's uncertain because we're still looking at proposed expenditures and still estimating our revenues for next year," said Fox.

Sources tell NewsChannel 11 the city could face between a $4 and $6 million deficit. Fox has admitted he has talked with departments to see if he can cut spending. He also says another way around balancing the budget is to increase revenues. "Maybe high fees, higher transfers. It depends on, well, I'm talking about something I don't have final figures for," said Fox.

Last year at this same time, the city was $20 million over budget because Lubbock Power and Light was not able to pay the city the $7 million it owed.

In order to make up those costs, former Interim City Manager Tommy Gonzales cut 100 positions in order to balance the budget. However, Fox says that's the last thing he wants to do while he's running the city.

Fox says he will have a better understanding of some final numbers next week.

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