The Associated Press is reporting that Mayor Phil Gordon of Phoenix has submitted a letter requesting federal assistance for the City of Phoenix.
According to the report, “Phoenix’s budget deficit is at least $200 million and could reach $250 million by June if tax revenues keep sliding. The figure represents up to 22 percent of the city’s $1.2 billion general fund, which pays for most city services.”
Mayor Gordon is one of three mayors requesting loans to pay pension costs in addition to $50 million for investment in infrastructure and one year loans to cover cash demands in a credit-tight market.
Mayor Phil Gordon is a Democrat who was first elected to a city council position in 1997. In 2003, Gordon was elected to Mayor of Phoenix. He was re-elected in 2007. He has been a proponent of several taxpayer funded projects including the Phoenix light rail system. Gordon has also been heavily criticized for his sanctuary-city immigration policies.