The City of Homer is holding its third town hall meeting this evening to address an at least $1 million budget deficit. City Manager Katie Koester will discuss two proposed budgets: one assumes the city will collect an additional million dollars in revenue and the other calls for deep cuts on the assumption the city will receive no additional revenue.
City residents will vote in a special election on Tuesday, December 1st to decide on whether to suspend a mechanism that directs tax dollars to the Homer Accelerated Roads and Trails Fund. If the proposition passes nearly $1 million in revenue will be redirected into the city’s general fund.
The special election will be the second major topic of discussion at tonight’s town hall meeting. City officials also plan to discuss long term solutions for the city’s lost state revenue.
The meeting starts at 5:30 tonight in the City Council Chambers.