New Development Not Enough for Milwaukee's Budget

Summary


New development is a long-term solution to balancing a city budget but unlikely to fix Milwaukee's money trouble in the next year.

The city is facing an $85 million to $90 million gap between costs and revenue in the 2010 budget because of payments to Milwaukee's pension system. As city officials contemplate cutting services or creating new fees or taxes to bridge the gap, some people insist new development is the answer.

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Extract


New Development Not Enough for Milwaukee's Budget

Michelle Bryant, of Milwaukee, said the city should develop more attractions to draw families downtown, perhaps by buildin...

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