Long Beach Trims Haven't Rid City of $18.5 Million Deficit
Press Telegram › June 28, 2010
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Summary
LONG BEACH - Almost eight years after city leaders adopted austerity measures to wipe out deficits topping $100 million, Long Beach remains mired in a financial morass expected to further erode public services and public employment in 2011.
Facing an $18.5 million deficit in its general fund for the coming fiscal year, Long Beach is considering layoffs, wage freezes, pension reform and an overhaul of city hiring practices.See the full content of this document
Extract
Long Beach Trims Haven't Rid City of $18.5 Million Deficit
Further public discussion is scheduled for Tuesday, when the City Council's Budget Oversight Committee meets to consider a budget plan for Fiscal Year 2011, which begins Oct. 1.
T...See the full content of this document
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