General Fund Fiscal Gap Reductions

The graph below shows the City of Baltimore’s General Fund Projected Fiscal Gap at different stages of the Ten-Year Plan period. The area in red shows the cumulative General Fund fiscal gap. Click on the tabs below to see the reduction in the fiscal gap due to initiatives built into the Ten-Year Plan.

Original Projection
FY13-FY14 Initiatives
FY15 Initiatives
FY16-FY22 Initiatives
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Introduced in February 2013, the original Ten-Year Plan report projected a cumulative General Fund fiscal gap of $745 million over the ten-year period. Without corrective action this shortfall will erode all of the City’s reserves in about three years while driving the City deep into deficits.