A nanosecond overview of city budget constraints 

States and municipalities across the nation are having difficulties balancing budgets because sales tax is declining nationally — it’s a consumption-based tax, and consumers, of course, are “pulling back.” Dr. Tom Zwirlein, professor of finance at the University of Colorado at Colorado Springs, was a keynote speaker, along with City Manager Penny Culbreth-Graft, at UCCS’ “Just ...

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