City Controller Rachael Heisler, at a news conference Wednesday, released the annual financial report and talked about city finances so far this year.
She said there’s not a crisis yet, but instead a call for action. She added that what is happening now is not sustainable.
“I’d say we’re in a precarious financial situation. I think we need to have a plan for cost containment, and we need to have a plan for revenue growth,” Heisler said…