"Declining property-tax revenues, high energy prices and other financial headwinds will create greater economic hardships in 2009 for most cities across the U.S., a new report says.
City budget officials say they expect more layoffs for municipal workers, cutbacks in parks and recreation programs and library hours, and higher fees for everything from garbage pickup to building permits."
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U.S. cities face financial hardship
Monday, September 15, 2008
U.S. cities face financial hardship
Labels:
budgets,
layoffs,
municipal workers,
property taxes,
tax revenue
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