Monday, April 13, 2009

long term budget issues

Budget officer highlights long term budget issues for 2010: 
Revenue change - "We’re down about 3.2 percent vs. 2008 – We’re trending a little bit below, but not enough to make us revise those projections."
2010 Outlook:
Revenue side – we’re looking at about 2 pc increase over projected 2009 levels
 Construction – continued weakness in development activity
Overall, current indicators do not show a sharp recovery.


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