For the 2012-13 school year the district faced another $1 million budget shortfall.

State officials, predicting a budget shortfall, say they cannot offer more.

Several weeks ago, the school system faced a $26 million budget shortfall.

The state faces a budget shortfall of about $5 billion.

When he left office, the city was facing a $80 million budget shortfall.

The budget shortfalls of recent years have left us rather behind the times.

The city faces a budget shortfall of nearly $5 billion.

These plans were put on hold in 2008 due to a budget shortfall.

The district still has a $20 million budget shortfall for next school year, only two months away.

The state is facing a budget shortfall of over $1 billion.

Further, the state may face its own big budget gap.

That would increase its expected budget gap to well over $2 billion.

And the city needs money to close its huge budget gap.

The city does face large budget gaps in the out years.

But doing that would still leave a $1.7 billion budget gap.

Of that, $66 million was used to help close the budget gap.

To close the current budget gap, the state had to use $180 million from its general fund.

At the current spending rate, there would be a $1.5 billion budget gap by the end of the five years.

The cut is to be part of the Mayor's effort to close a $1 billion budget gap.

The budget gap may be even worse than it already seems.