Pensions loom as budget busters
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Pensions loom as budget busters

San Bernardino : CA : USA | Jul 22, 2012 at 12:35 AM PDT
Source: Daily Breeze
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While financial woes are fewer here, unfunded liabilities pose threat...And the flight of taxpaying residents followed by an inexorable decline in property tax revenues. All took a toll on San Bernardino over the years, culminating in the city's planned declaration of bankruptcy. "This (recession)... FULL ARTICLE AT Daily Breeze
 
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