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Tag: "national economy"

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Red Ink Excised, Balanced Budget is Approved

Red Ink Excised, Balanced Budget is Approved

By moving money leftover in other city accounts, freezing salaries and trimming costs to cover a third-year deficit, the City Council on Tuesday gave final approval to a balanced general fund budget of $44.9 million for 2011-12. Saying the national economy is not making its usual v-shaped recovery curve, but has instead dropped and is […]