Alabama Municipalities Dangerously Vulnerable
A new report shows some of Alabama’s largest municipalities have very low financial reserves. Local governments rely a lot on sales taxes and revenues have been lower since the recession. The report from the Public Affairs Research Council of Alabama finds that the City of Montgomery had a negative fund balance for 2010, though the city’s finance director disputes that. Kyle Whitmire says many other communities may be in the black, but they’re still dangerously vulnerable.
Trump again blasts Harvard over international students as judge blocks revocation
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PCH reopens after fire closure, just in time for the holiday weekend
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