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Excess power sells at a rate of $2500 per megawatt.
The large coal power plant produces power for a price of $2000 per megawatt.
It's one of the few things your city can export that you actually own.
Do NOT listen to the people telling you to burn garbage in an incinerator and then sell the excess power for money. They think you're making a profit selling energy that way because the electricity revenue is on a different balance sheet from the garbage maintenance cost.
Incinerators don't just burn garbage, they also burn money.
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I could take a look at your save for you.
You should avoid reducing the budget of most of your services. Education is a special case, as it is vital to leveling up your buildings.
Water never makes a profit exporting so you are safe to lower the budget of that to match your needs. You can also charge zero service charge for water, which will increase water consumption in your city but your businesses will get a +20% bonus to efficiency and your citizens get a +5 to well-being as well as more money in their pockets to spend shopping or going to school.
In my city of 35k, the increase in tax revenue from higher level zones is worth way way way more than the $10k per month I'd be getting charging a service fee for water usage.
That depends on a lot of things and what you are trying to accomplish with your taxation.
Are you seeing high commercial demand but a lot of commercial zones say "not enough customers"? Lower your residential taxes and any fees you might be charging them so they have more money to go shopping to satisfy their demand.
Do you want more of your educated teens to enter the workforce instead of attending college? Then you might want to raise the taxes on educated people.
I've got three of those geothermals just over the border, and completely disconnected from my part of the map, from the neighbours; and it lets me fund all of my services (all education, basic police/fire, road maintenance, etc), with 500k per month surplus.
Don't upgrade your services right away, until you absolutely have to (definitel should have a clinic and cemetery locally to start) - you can get services from elsewhere.
When people are complaining about rent, densify the zones by adding more units, and also try to zone smaller 2x2 and 2x3 lots (like with row houses) for good cheap housing).
Try to go for a college by population of 5K - offices will net you a LOT of cash.
Try to put trees on roads.
And use roundabouts often.