Wednesday, February 17, 2010

States renege on local aid

States renege on local aid: "“For the last three recession cycles, it’s been common for states to reduce financial support for local governments during the recession, and once they come out of it, they restore most of what they’ve cut,” says Michael Pagano, dean of the College of Urban Planning and Public Affairs at the University of Illinois-Chicago. This time is different. Now local officials are wondering whether that money will ever come back."
Wondering? Why are they wondering? The money isn't coming back.

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