Showing posts with label city governments. Show all posts
Showing posts with label city governments. Show all posts
Saturday, June 1, 2013
Following the money in four Alabama city governments
Since the beginning of the Great Recession, cities
across the United States have struggled to keep their municipal budgets in the
black, balancing rising costs for healthcare, energy and pensions while facing
reductions in revenues. Some of Alabama’s municipalities are healthy enough to
quickly rebound once the need for fiscal belt tightening ends. For others, the
economic woes of the past five years are part of a never-ending string of
financial crises. It is often hard for the average person to tell whether their
hometown is trying to right-size itself in a sluggish economy or if its
economic woes are symptomatic of more serious problems.
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