A preview of the city of Champaign’s fiscal year 2009-10 proposed financial plan was given by the city manager and the finance director Tuesday morning in preparation for a presentation that will be given at the city council meeting.

Finance Director Richard Schnuer said that the recession is worse than the city projected, but that the local economy is more stable than the national economy. He said the financial plan focuses on thinking long-term to keep the city “fiscally sound.”

The plan addresses $6 million in budget cuts. These cuts will be made in part by position reductions, such as the elimination of several police and firefighting positions, and also by reductions in the general fund budget and capital funding, and using $800,000 of property tax for pensions.

“Because of the nature of the past few months with the decline in the economy and the decline in revenue we knew it was going to be a different kind of year,” said Steve Carter, Champaign’s city manager.

The presentation will be discussed tonight at the city council meeting Tuesday night.