Duluth efforts to patch $25M budget hole might include sale of assets
June 24, 2020
DULUTH – Mayor Emily Larson said the city faces a $25.4 million budget gap, and she highlighted cuts officials have already made and expressed an urgent need for federal aid tied up at the state level.
Even with those financial patches, Duluth is still searching for ways to reckon with the pandemic-fueled shortfall. Larson said in a presentation to the City Council on Monday that the city will look into the possibility of selling land or other assets, such as the Tiffany stained-glass windows in public buildings.
The new projection is on the lower end of the $20 million to $38 million shortfall range that the mayor had estimated in April. Duluth is expecting a $5.5 million to $7 million hit to its $93 million general fund, which pays for most city services.