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Resource ID: #1102
Subject: Fast Track: Red Flags in the Local Budget
Source: Los AngelesRon Campbell
Affiliation: Orange County Register
Date: 1999



A tipsheet that discusses how "...Let's be honest. Local government budgets are about as much fun to read as life insurance policies. (But) the bankruptcy of the nation's fifth largest county in late 1994 is proof that even the biggest, wealthiest jurisdictions can fall apart in a matter of days..." Rules for analyzing local budgets, a stress test to see how responsive the budget is to desperate times and discussion of troubled spending areas.

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