According to a report to the Falls Church City Council from the City’s Chief Financial Officer John Touhy placed on the City’s web site Friday, Falls Church came in a whopping $4 million short of net revenue projection for the budget year that ended June 30. This remarkable number, in a total budget of $66 million, includes a revenue shortfall of $7 million, or over ten percent of the total projected revenue, offset by expenditure cuts of only $3 million.
