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Fiscal crisis

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Local Governments in NYS Face Longterm Fiscal Crisis

(NYS) Emphasis during a week-long conference at the Rockefeller Institute of SUNY Albany is on structural, rather than cyclical, budget imbalances. While the revenue effects from the 2008-9 recession are still being felt by many local governments – especially here in upstate NY, longterm projections of spending by local governments far outstrip projections for their … Continue reading