Full Text: Mayor Fischer’s State of the City Address, $20 to $30 Million Shortfall Expected

Louisville Mayor Greg Fischer is delivering his second State of the City Address to the Louisville Downtown Rotary club this hour. In his remarks, Fischer will detail the city’s upcoming budget shortfall, which the mayor predicts will be between $20 and $30 million. To overcome this gap, Fischer is proposing a number of structural changes […]

Fischer Calls For New Economic Plan In State Of The City

Fischer acknowledged the city’s shortcomings and said Louisville must rise above the second tier: The city has lost thousands of jobs in the last decade; educated residents have moved away; and current graduation rates are below expectations.

Fischer’s State Of The City To Be Delivered Thursday

After the speech, Fischer’s next major address will likely come when he presents the city budget for the next fiscal year in the spring. Fischer has indicated he will begin the budget process early this year, seeking input from the public and the Metro Council before releasing the final draft.