Wednesday, April 15, 2009

2009 shows little financial promise for city officials
Prelimary results of a new study released by the League of Minnesota Cities show that a vast majority of city officials are pessimistic about city fiscal conditions in the state for the remainder of 2009. Their pessimism is fueled, in part, by proposed cuts to local government aid and market value homestead credit programs. The League will release additional "State of the Cities" report findings on April 29.