TITLE

Cities Looking to Balance Out Aid Cuts, Revenue Slowdowns

AUTHOR(S)
Shields, Yvette
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p43
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
According to a group of finance officials for Midwestern cities, U.S. cities are finding ways to earn additional revenue to offset reduction in state aid and poor revenue growth, including selling advertising space on bus shelters, penalizing delinquent taxpayers and sharing services with their neighbors. Minneapolis, Minnesota is outsourcing some services, as well as talking to its neighbor St. Paul about purchasing services together, and has persuaded its unions to agree to two percent wage cap on new labor agreements to deal with budget problems.
ACCESSION #
10022207

 

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