Baltimore Mayor to deliver State of City address

Rawlings-Blake to deliver State of City

BALTIMORE -  

On Monday afternoon Baltimore Mayor Stephanie Rawlings-Blake will deliver her State of the City address.

She is expected to discuss avoiding a $745 million shortfall over the next ten years.

Last week the mayor announced Baltimore City is headed for bankruptcy if it doesn't make the necessary reforms to avoid it.

This comes from a 10-year financial forecast from Mayor Rawlings Blake which was gathered from an outside consulting firm.

The report projects a $745 million deficit over the next decade because expenditures are growing faster than revenue especially in areas of employee health care and pension costs.

Add on another $1 billion infrastructure deficit over the next decade and that's to maintain roads, bridges and city buildings at levels far short of the current state of repair. It does not include schools.

The mayor plans to discuss solutions today.

She plans to propose a bold set of major reforms to address the fiscal challenges outlined in the 10 year forecast.

The state of the city address will be held Monday  at 2:30 pm in the council chambers at City Hall.

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