Employment News
How Colorado Springs Responded to the Budget Crisis
By EmploymentCrossing | Dated: 06-23-2011
- In 2010, municipal leaders in Colorado Springs, an American city whose budgeting depends largely upon sales-tax collections, made draconian spending reductions in the face of declining revenues, and many typical municipal services were placed on the chopping block. The article reviews the city’s response to the budget crisis and details how that crisis has eased during the past year as consumers in the city have started spending again.
Colorado Springs enjoys swift revival
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