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Report: Most big cities were in bad fiscal shape before the pandemic. Expect it to get worse

FEBRUARY 2, 2021 | by Teri Sforza | PRESS ENTERPRISE (CALIFORNIA)

By Teri Sforza, includes “It’s a bit like hiding credit card bills under the mattress and declaring that everything’s fine: Cities, a watchdog group says, don’t include the true costs of government in the budgets they present to the public. Into this financial house of mirrors strides Truth in Accounting, a nonprofit, nonpartisan organization devoted to translating inscrutable financial documents into a language everyone can understand.”

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