Despite budget cuts across the board for every department in the city, Laredo is currently still $7-million over budget for the 2014 year. The city manager said he will present to city council a balanced budget for 2014, drawing questions on where that $7-million is going to come from. No one wants to ring in the New Year in debt, but after being millions over the annual $600-million city budget, cuts will happen. "We requested some of the departments, public safety to be able to cut 5-percent and the others to cut 10-percent." Even with those cuts, the city still needs to cut $7-million more to go into the 2014 year within budget. "The Parks and Recreation division has taken the biggest hit over the years, with 120 positions being cut. Now the city will have to start making cuts elsewhere." We asked City Manager Carlos Villarreal if residents could see their taxes increase. "We don't know, it's up to council. Hopefully we won't have to be there but sooner or later I've run out of options." Residents can also soon expect administrative fees to increase. One thing city officials said will more than likely increase is bridge tolls. They said there are no plans to cut positions within the city. "We are trying to that operationally without affecting people that are working right now. We don't want to go into a situation where we are cutting personal." The city will not draw from their savings account to be within budget. The city is reporting they have a total of $37-million dollars in their savings as of now.