During his seven years as mayor, Flaherty reduced the payroll by almost one third, balanced the budget each year without a tax increase or any new taxes, reduced the taxes by two mils, eliminated the wage tax for three years, and left office with a substantial budget surplus and taxes lower than when he took office. He increased the amount of street repaving from less than ten miles in 1969 to more than 100 miles in his last year in office. This was accomplished in part by using city personnel and a city owned asphalt plant instead of continuing to contract out the work.