Tuesday, July 5, 2011

Wrenching Budget Choices as municipal revenues decline

This NY Times article spotlights the difficult service cuts facing towns and cities across America.

  • "Nationwide, the decline in municipal revenues has accelerated in each of the last four years, draining billions from direct services like police protection and garbage pickup. Local governments have shed nearly half a million jobs, and are expected to lag well behind any recovery in other sectors."

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