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Detroit will run out of cash a week from today if a lawsuit challenging the validity of the city's consent agreement with the state is not withdrawn, city officials said this morning. Jack Martin, the city’s new chief financial officer, said the c
The Tempe City Council is expected to review a proposal next week to increase the city's combined property tax rate by as much as 37 cents per $100 of assessed valuation. The proposal would raise the property tax rate to between $2.14 and $2.16 fr
New Rochelle N.Y., looking at decreased revenue and increased costs, like many US towns is strapped for cash. Being responsible to its citizens and recognizing that they have limited funds, in their 2012 budget New Rochelle eliminated some of their t
Have you ever bought a brand new cars only to forget where you put it? How about 300 of them? Probably not – unless you're Miami-Dade County, which was recently reunited with 298 vehicles it bought brand new in 2006
You see, the United States is on a one-way collision course with its financial judgment day; the country long ago passed the historical point of no return– the point at which it has to start borrowing money simply to pay interest on the money it has
