The City of San Antonio is facing a budget deficit of $158 million that it aims to close over two years. This deficit is expected to impact homeowners financially. City staff will present a draft budget, which is likely to include discussions on budget cuts and possible tax increases.

The city needs to reduce expenses to partially close the deficit. Further details on the budget and potential solutions are expected to be discussed, with city council members set to vote on a budget next month, and more information available from city staff and council proceedings.