Tempe projects multi-year shortfall after $21 million residential-rental sales-tax loss; staff recommends reserve use and balancing measures City finance staff reported a $21 million annual loss tied to residential rental sales-tax changes, proposed no program expansions, recommended preserving reserves to maintain service levels, and outlined contingency options including hiring freezes and re-prioritization.

Tempe faces a staggering $21 million annual loss in residential rental sales tax, prompting tough decisions on service levels and staffing.

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