At yesterday's City Council hearing, the administration presented a chart showing revenues back to 1998, I believe. As I was not able to be at the meeting, I have no idea if they also showed expenses as well - especially compared to those revenues.
So, I thought you'd like to see the expenses versus the revenues from as far back as I could get, which is 2003. In the chart below, the figures for 2009 are projected and the numbers for 2008 are the approved budget, since the final numbers for 2008 are not yet on the city's website.
It's interesting to note that in only two years were the revenues higher than expenses (2005 and 2007) and then only slightly.
What this clearly shows is that the revenue isn't the real problem - the real problem is that the mayors and city councils have routinely spent more than they took in.
So maybe it's no wonder that the presentation included only the revenue side of the equation....
(click on chart for larger version)