City leaders are dealing with financial troubles. Declining property values and budget issues at the police department are contributing factors. The city is looking for ways to address its financial situation.

A significant budget shortfall is a major concern. The amount is substantial, exceeding $30 million. To close this gap, various options are being considered.

Further details on the city's financial plan are expected to be revealed soon. The mayor's proposal for next year's budget will be presented, outlining potential solutions to the city's financial challenges.