The city of Chico and its financial problems coming under fire in the latest Grand Jury report. The report released Friday says Chico provided information that was often outdated and misleading. Councilman Mark Sorenson says Chico is currently mired in deep budget cuts. The city has had to cut almost 5 million dollars from its current budget and lay off a number of city workers, including 19 police positions. Sorenson says it was only recently found the city had burned through 20 million dollars that must now be restored.