Near-Bankrupt Cities in New York May Trigger Automatic Control Boards

New York state is considering whether control boards for cash-poor cities and counties should automatically go into effect when localities fail certain fiscal tests, instead of being approved on a case-by-case basis as they are today
August 7, 2012

New York state is considering whether control boards for cash-poor cities and counties should automatically go into effect when localities fail certain fiscal tests, instead of being approved on a case-by-case basis as they are today

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