City of Austin's proposed budget to drop next week

AUSTIN (KXAN) -- The city manager's proposed budget will be presented to Austin City Council on July 12th. It will outline how the city plans to spend your money over the next fiscal year.

Austin City Council approved a record-large $5.5 billion budget last year, but financial staff have said they're going to need to cut back after sales tax revenue dipped below expectations.

City of Austin could see budget deficit, headed for ‘fiscal cliff’ with ARPA funding