St. Paul city officials project a $26 million budget gap in 2027, Mayor Kaohly Her has announced.
Why it matters: It's the largest budget gap in St. Paul's recent memory, raising the possibility of service cuts, layoffs or bigger property tax hikes, the Pioneer Press reports.
"All options are on the table," Her said.
Between the lines: Such gaps are typical at this point in the process — and while this one is large, it's also not completely unprecedented.
At this time last year, St. Paul was facing a $23 million gap. Officials balanced the budget chiefly through a 5.3% levy hike and by closing vacant positions.
What's next: The mayor will hold the next in a series of community meetings on the budget on Monday at the Sun Ray Library.