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Fiscal Retrenchment And Privatization
Part one of term paper
A problem that is always on a city's mind is its economic state. When a city finds that $3.8 million has been misappropriated in different funds, it has to question if it is headed towards a fiscal crisis. With a new mayor and township council, there was an investigation done into the township finances. Going back since 1996 there a defic ...
Part two of term paper ... whether they were in fiscal troubleā. (Knox, 362). This caused many cities to look at their economic standings and see where cut backs could be made and services replaced. In Oakland, the city government closed a fire station and four branch libraries, reduced the police departments money towards investigations, reducing after school programs, eliminating over 100 city jobs, and much more. The idea of volunteerism became a good way to cut back on paying for services, but still keeps the ser ...
Word count: 574 | Approximate pages: 3
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