ROMA – The deadline for the city of Roma to approve a new budget has passed.

The proposed budget would have reduced all costs to a bare minimum for this fiscal year, which begins in October.

“City staff asked council for an increase in property taxes and water and sewer rates, as well as garbage rates. Council felt it wasn't appropriate to raise those rates at this time,” says Roma Assistant City Manager Freddy Guerra.

Guerra says financial cuts are needed.

The city must operate at last year’s budgeted levels because the deadline was not met.

KRGV’s Carolina Cruz explains what the city plans to do about the issue.

Watch the video above for the full story.