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Tag: "Laguna Beach City Deficit"

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Shortfalls Increase City Deficit

Shortfalls Increase City Deficit

Due to two shortfalls in anticipated revenue, the city’s operating budget deficit will increase to nearly $1 million, pressing the City Council to decide on how to manage the red ink in a mid-year budget review this fall.  The revenue shortfall comes from two different sources. In attempts to balance its own budget, state officials […]