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  Grand Rapids Business Journal

 

Government leaders on a suicide mission using archaic budget models

 

Continued bumps in the state unemployment rate are leaving the public sector with tattered budgets even as the new fiscal year begins this week. The Michigan treasurer and fiscal agencies have lowered revenue projections for the remainder of 2009 and for fiscal year 2010. Additional cuts in state revenue “sharing” have slammed cities and counties equally.

 

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