Thursday, October 18, 2007

Finance chairman: County could be bankrupt in five years (Portage Daily Register)

Something has to give soon, according to the Columbia County Finance Committee chairman, or the entire county could find itself bankrupt inside five years.Chairman John Tramburg presented the 306-page 2008 annual budget to the County Board of Supervisors with that warning Wednesday. He cited state-imposed levy limits, unfunded mandates from the state, rising costs and uncertain state funding due ...

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[Source: Yahoo! News Search Results for finance]

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