City Budgets Hit Hard By Economic Downturn, According To NLC Report

Source: American City & County, September 16, 2008

Many cities will have to struggle to make ends meet for the next two years, according to a report from the Washington-based National League of Cities (NLC). NLC’s City Fiscal Conditions in 2008 report, released this week, predicted that, even if overall economic conditions improved now, cities could be reeling until 2010.

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