The city of Hillsboro is facing a projected negative balance of $670,572 by the end of 2013, leading into a negative starting balance of $420,572, if drastic cuts are not made in the city budget.
In a press conference held Thursday in the Hillsboro City Building, Hillsboro Auditor Gary Lewis said that the fiscally responsible option for the Hillsboro City Council to take is to contract with the Paint Creek Joint EMS and Fire District for services. However, even if the city enters into such a service agreement, a 15-percent cut in general fund departments would still be necessary for the city to have a balanced, functional budget.