The current Anchorage budget this year is $1.5 billion. That is $600,000,000 for city operations and $900,000,000 for the Anchorage School District. With a population of 288,000 and declining, our budget is not sustainable. I was asked how do you attract young professionals and the answer is to reduce taxes. But wait, they want to increase salaries for city employees without regard to promoting more business. Our thinking needs to change unless we want to drive ourselves into bankruptcy.