'This really does show that the system is under financial strain and that the rate increases are needed unless other changes are made,' a city budget analyst said.

Details on the ALERT DAY conditions for Monday and Tuesday here; how cold our wind chills will get and more. Read more.

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

Details on multiple ALERT DAY conditions we are tracking; how cold our wind chills will get and how much snow we will see. Read more.