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City’s Historical Structural Deficit <br />Fiscal Year Adopted <br />Use of Fund Balance <br />($ in Millions) <br />2019-2020 $0 <br />2020-2021 $2.3 <br />2021-2022 $6.9 <br />2022-2023 $8.5 <br />2023-2024 $5.3 <br />2024-2025 $5.9 <br />Pg 9 Meeting Date: June 2, 2025