Kyle leadership reveals more than $14 million deficit, emphasizes cutting costs

KYLE — Interim City Manager Perwez Moheet painted a stark picture of Kyle’s finances during a special city council meeting Saturday, May 16, revealing a projected deficit exceeding $14 million, driven by rising costs and lower-than-expected revenues.

“It’s a very important discussion that we need to have,” began Moheet.

Before he can bring a proposed budget later in the summer, he stated that the city’s current approved budget must be discussed to learn how it got to its current financial position.