City of Lake Charles projects $700K deficit for upcoming budget - KPLC 7 News, Lake Charles, Louisiana

City of Lake Charles projects $700K deficit for upcoming budget year

(Source: City of Lake Charles) (Source: City of Lake Charles)
LAKE CHARLES, LA (KPLC) -

The City of Lake Charles is projecting a $700,000 deficit for the upcoming proposed budget. That's compared to last year's $2.7 million.

Officials expect to end this fiscal year with $24 million in the general fund.

The finance department is presenting the city's budget proposal at a council meeting on Tuesday.

Officials say the retirement contribution continues to drain city coffers.

KPLC's Lee Peck will have more on later editions.

Copyright 2013 KPLC. All rights reserved.

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