Photo: National League of Cities
Municipal pain is at its worst level on record, according to annual report from the National League of Cities.Revenue is 3.2% lower than last year, which was already at record lows. It may get worse next year as property taxes decline to reflect fallen property values.
Cutbacks in government spending are also at record levels.
And now the austerity measures: Personnel cuts, delayed projects and cuts in services lead the barrage
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