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City Fiscal Conditions in 2004
The annual report from the National League of Cities reveals that most American cities are in a fiscal recession and the outlook for 2005 is grim. According to the report, ongoing economic struggles along with rising health care and pension costs have contributed to the serious fiscal conditions.
Link
http://www.google.com/url?sa=t&ct=res&cd=1&url=http%3A//www.nlc.org/content/Files/RMPctyfiscalcondrpt04.pdf&ei=drghQ_HBC5aMiAGKwsHHAQ