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Measure X Plan for the Future City °` Santa Ana <br />• Measure X began paying for an existing $16M annual budget deficit on <br />April 1, 2019. <br />o FY18-19 budget deficit before Measure X approval was $11.7M, then <br />annual police compensation increased by $4.3M. <br />■ General Fund FReserve increased to 18°I0 of annual recurring revenue nr <br />$72.2m. <br />• Pension refinancing decreased the 2029 gap. <br />• Additional tax from new development will help. <br />• City Manager prioritizes one-time spending. <br />• Services added with Measure X are in separate accounting units callE <br />"Service Enhancements" to identify areas for future spending red ucti <br />