Missouri Supreme Court says St. Louis can raise minimum wage

(Credit: KMOV).

St. Louis City officials are looking at possible cuts to try and close a $10 million budget deficit for the current fiscal year.

"Ten million dollars has to be made up and that's not easy," says Alderman Joe Vaccaro.

Projections for a budget for the next fiscal year are approaching $14 million. A new budget proposal from the Mayor is expected later this month.

Declines in sales tax revenue are one of the main reasons for the deficit.

"The city does not have a lot of money in its savings account," says Alderwoman Cara Spencer.

Any cuts to the budget are not expected to affect essential departments such as police and fire.

A spokesman for Mayor Kyda Krewson says there's no panic in the Mayor's Office and any budget "gaps will be closed."

Copyright 2018 KMOV (Meredith Corporation). All rights reserved.

News 4 Reporter

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