Fulton County’s finance department is warning of a projected $103 million deficit following a recent vote by the county commission to reduce the millage rate.
On the Thursday edition of “Closer Look,” Commissioner Khadijah Abdur-Rahman says the commission needs to seriously address where new funds could come from after viewing the latest budget projections at Wednesday’s meeting. The commissioner, who opposed the vote, says the deficit is going to lead to tough budget cuts – and could impact funding for Grady Memorial Hospital.
Also, Emory University professor and economist Tom Smith returns to help make sense of the Federal Reserve’s changing economic forecasts as the country faces a possible recession.
